Footprints4ourFuture: A Crowdfunding Campaign for Sustainable Reforestation and Job Creation in Costa Rica

Footprints4ourFuture: A Crowdfunding Campaign for Sustainable Reforestation and Job Creation in Costa Rica

In Costa Rica, the “Footprints4ourFuture” (Huella del Futuro) crowdfunding campaign was launched by BIOFIN and spearheaded by the Vice-President, raised 1.7 million US dollars to reduce unemployment exacerbated by COVID-19, while restoring ecosystems and reforesting vulnerable public-owned lands. With the approval of the first incubation program in Costa Rica for sustainable tourism in indigenous areas, “Raíces” by the Sustainable Development Bank’s Governing Council, in total US$ 577.5K mobilized; including US$ 168.5K for the 2022 edition of Raíces, US$ 345K for the CRE-C Program, and US$ 64K for the portfolio of sustainable tourism in Biological Corridors. The program is seeking to mobilize funding through planting and/or restoration of 200,000 trees and 5 years of their maintenance, monitor its implementation, systematize learning and institutionalize the financial mechanism.