New environmental regulations in Honduras

The new environmental regulations will produce great legal confidence and will speed up investment in the country.

Thursday, May 22, 2008

The Secretariat of Natural Resources and the Environment (SERNA) along with the private sector began updating the Regulations for the Environmental Impact Evaluation System, the legal instrument used to regulate environmental licenses granted in the country.
Many investments are being withdrawn from Honduras because of lack of clarity in environmental legislation, especially in the way it is applied by local government.

More on this topic

The Green Macaw? Fine, thanks. People in Crucitas... not so good.

September 2015

In the nineties a village in Costa Rica was populated by dreams of a promising future driven by the exploitation of a gold mine. Today there are only 27 inhabitants, left without hope.

EDITORIAL

An article on Nacion.com reports on the ups and downs of the gold mine project in Crucitas, in Costa Rica, which eventually fell through because environmental forces prevailed over sustainable development, leaving a long series of damages to the country in terms of confidence in the security of investments, tax losses, and mainly in the hopes of human beings who believed in and supported the mine being a catalyst for progress in the area. As usually happens, the only winners were the lawyers who litigated and continue litigating for both sides.

Fears Over Being Too "Green"

October 2012

Costa Rican businessmen are concerned about the proliferation of environmental standards that may not be the most urgent and the most suitable for the economy.

Elfinancierocr.com reports that in Costa Rica, "at a rate of four bills per year, since 2006 Parliament has provided 24 new regulations related to environmental issues."

Conservation Law Approved in Nicaragua

September 2012

The National Assembly has adopted the Law on Conservation and Sustainable Use of Biological Diversity, which strengthens environmental regulations.

A statement from the National Assembly reads:
The plenary of the National Assembly approved this Sept. 5, the Law of Conservation and Sustainable Use of Biological Diversity, which aims to strengthen the legal framework for environmental issues and ensure better control of natural resources.

IDB releases new version of Biofuels Sustainability Scorecard

September 2009

The new version of Biofuels Sustainability Scorecard, enables to anticipate the social and environmental impact of biofuel projects.

Update incorporates feedback from five regional consultations and addresses concerns regarding food security, indigenous peoples and biodiversity preservation.

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