Investment Incentives

There are additional incentives to consider.

In the United States and Europe companies that produce clean energy have a variety of incentives to consider. These incentives are analyzed on a case by case basis to decide the amounts and coverage of these incentives.*

A Costa Rican company owned by a foreign company may apply for these benefits in their respective countries and may also apply for a tradable certificate issued by The Earth Council based in Costa Rica.

Costa Rica, also, has begun to issue what the government calls Certifiable Tradable Offsets (CTO). These certificates were created to promote conservation of natural resources and to sell one of Costa Rica’s main assets, the rain forest for its production of air. Also the clean generation of energy or "green energy" can obtain through non-conventional methods of generation of energy certificates issued by The Earth Council.

These Certifiable Tradable Offsets (CTO) have been sold in the commodities markets in the United States previously, with the certification of The Earth Council in cooperation with Chicago based brokerage firm Environmental Financial Products Ltd.

The Earth Council is an international non-governmental organization (NGO) created in September 1992 to promote and advance the implementation of the Earth Summit agreements. It is led by a body of 18 Members, drawn from the world's political, business, scientific and non-governmental communities. Sixteen eminent world leaders serve as Honorary Members, and an 18 member Earth Council Institute functions as an advisory board.

Certifiable Tradable Offsets (CTO)*

As an incentive for investment in "green energy" that reduces Greenhouse Gas emissions (GHG), the investor will receive Certifiable Tradable Offsets (CTO’s). More specifically, each CTO represents a certification of a specific number of units of GHG, expressed in carbon equivalent units, reduced or sequestered or to be reduced or sequestered. They are pre-certified and fully transferable.

Each CTO is guaranteed by the Ministry of Environment and Energy of Costa Rica for a certain period of years, according to the lifetime of the project, and will be certified by a third party verification, probably the Swiss Société Générale de Surveillance (SGS).

This means that CTO’s contain all the approval and requirements as per domestic law and international agreements to allow them to count against national GHG reduction commitments. It is important to note that CTO’s derived from energy projects will be sold in the international stock market like a commodity.

*All the above mentioned incentives would have to be studied and approved in a company to company basis and are not warranted issuance