International Trade and Green Economy: Costa Rica Example

Abstract

This study investigates the interplay between international trade, green economy policies, and the pursuit of carbon neutrality in Costa Rica, a country committed to sustainability and carbon neutrality by 2050. By exploring Costa Rica's participation in global green value chains and its domestic policies, this research outlines the role these factors play in reducing carbon emissions. Despite facing challenges such as infrastructure requirements and access to capital for green businesses, opportunities abound in sectors such as renewable energy, eco-innovation, and sustainable agriculture. The study concludes that with continued commitment and strategic policy intervention, Costa Rica's model can provide a blueprint for sustainable development and carbon neutrality that can resonate globally.