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Published
Tuesday, February 25,2020
CRUSA opens funds for
financingwaste management projects By the A.M. Costa Rica staff The Costa Rican USA Foundation for Cooperation, CRUSA, and the German agency for development and cooperation, GIZ, announced two funds for financing innovative projects for the management of solid waste. This second competition call will be open until March 25. According to CRUSA, the funds are created with the collaboration of the Federal Ministry of Environment, Nature Protection and Nuclear Safety of Germany and the Climate Change Directorate of the Ministry of Environment of Costa Rica. The funds will choose the companies or entrepreneurs that win economic support for their projects through a public tender, aimed at municipalities, civil society organizations, as well as business sector projects and public-private partnerships. According to CRUSA, the contest includes two categories: - Projects with an impact on municipalities could receive between $40,000 up to a cap of $80,000. This is aimed at municipalities, communities and/or public-private partnerships. - Projects of business innovation or local associations could receive between $5,000 up to a limit of $8,000, directed to small and medium enterprises and local associations. To compete in the municipal category, a proposal for a solid and innovative project must be submitted with an elaborated budget reflecting a counterpart of at least 50% of the value of the project. This as an indispensable requirement, said CRUSA. For the business category, a counterpart of 20% of the project value must be reflected. In addition, criteria such as the solution to a specific problem in the environment, replicability in other contexts, reduction of measurable greenhouse gases and the incorporation of elements that provide sustainability of the initiative over time will be evaluated. The fund is part of a project called TRANSFORMA (transform in English language) of CRUSA, GIZ and the ministry, which has the goal to improve the management of solid waste in the municipalities through the strengthening of municipal capacities through technical assistance and the reduction of greenhouse gases, including selective collection systems, solid waste treatment and recovery, articulation with the business sector and the promotion of citizen participation. According to Flora Montealegre, of the CRUSA Foundation, it is important to boost the waste sector. That goal is part of the CRUSA organizational strategy that drives the transition towards a green, inclusive and innovative economy. Also, Sandra Spies, of the German GIZ cooperation, said work with local governments is important to strengthen their capacities. To learn more about the contest requirements visit the CRUSA site. ------------------------------ Have you heard of any entrepreneur seeking financing in solid waste management projects in your community? We would like to know your thoughts on this story. Send your comments to news@amcostarica.com More stories
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