Costa Rica Certifies Good Environmental Practices

102 tourism businesses were recognized by the ICT for their environmentally friendly operations and their communities.

Friday, December 10, 2010

The Costa Rican Tourism Institute (ICT) has given these awards to a group of hotels and tour operators, which carry "leaves” one to five. A rating of five "leaves" means best environmental practice and social sustainability.

"Hotels and agencies which have sustainable processes, in addition, share profits with communities where they are located; promote traditions, culture and responsible visits to national parks," stated ICT to

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Banco Promerica de Costa Rica to increase mortgages and loans for green projects with IDB support

September 2010

$15 million IDB loan is the first to a Costa Rican financial institution that seeks to expand its mortgage and green financing business

The Inter-American Development Bank (IDB) approved a $15 million loan to Banco Promerica de Costa Rica to help the bank expand its long-term mortgage operations and loans for environmentally sustainable projects.

Honduras: Atlántida Bank Expands “Green” Loans

July 2011

The entity has received a $20 million IDB loan to expand its loan portfolio to operations with environmental sustainability.

The Inter-American Development Bank today announced the approval of a "green" facility with $30 million going to Banco Atlantida in Honduras to support lending to environmentally sustainable projects.

"Green" Architecture in Panama

March 2012

Although in its infancy, the concept is present in many new projects, and is gaining momentum as older buildings which want to remain competitive in the market are being upgraded.

The construction of buildings with sustainable and environmentally friendly features has a long way to go in Panama, although the development of this type of construction has made progress in the last 10 years and the capital now has several buildings that have been constructed with improved regulations.

Sustainable Tourism Project Contest

September 2010

IDB, partners seek sustainable tourism projects for coastal and freshwater destinations.

The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank group, and two partners are seeking sustainable tourism proposals for coastal, waterway, and island destinations that protect the environment and strengthen the heritage and livelihoods of the local population.

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