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Ecosystem Services Accounting in Costa Rica: Regulation, Provision, and Cultural Services

Author

Listed:
  • Jhonny Aguilar-Madrigal

    (Data Analysis and Statistics Division, Central Bank of Costa Rica)

  • Mauricio Vega-Araya

    (Universidad Nacional de Costa Rica)

  • Luis Rivera

    (LEAD University and Academia de Centroamérica)

Abstract

Costa Rica produces a wide variety of ecosystem services. In terms of its contribution to climate change mitigation, the country’s forests play a vital role in carbon storage. These forests contribute not only to climate regulation but also to long-term economic stability. Nature-based tourism is a key driver of the economy, especially in protected areas that attract international visitors. Tourism has a multiplier effect on the local economy, boosting other productive sectors and contributing to sustainable economic growth. Crops such as pineapple and coffee play an important role in Costa Rica’s economy by adding value and generating employment. These sectors build a value chain, from primary production to the export of processed products, driving economic growth. ***RESUMEN: Costa Rica produce una amplia variedad de servicios ecosistémicos. Con relación a su contribución con la mitigación del cambio climático, los bosques del país desempeñan un papel vital en el almacenamiento de carbono. Los bosques del país contribuyen no solo con la regulación climática, sino también con la estabilidad económica a largo plazo. El turismo basado en la naturaleza es un motor clave de la economía, especialmente en áreas protegidas que atraen visitantes internacionales. El turismo tiene un efecto multiplicador en la economía local, impulsando otros sectores productivos y contribuyendo con el crecimiento económico sostenible. Los cultivos como la piña y el café desempeñan un papel importante en la economía costarricense al agregar valor y generar empleo. Estos sectores construyen una cadena de valor, desde la producción primaria hasta la exportación de productos procesados, impulsando el crecimiento de la economía.

Suggested Citation

  • Jhonny Aguilar-Madrigal & Mauricio Vega-Araya & Luis Rivera, 2025. "Ecosystem Services Accounting in Costa Rica: Regulation, Provision, and Cultural Services," Notas Técnicas 2501, Banco Central de Costa Rica.
  • Handle: RePEc:apk:nottec:2501
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    References listed on IDEAS

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    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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