These videos were recorded as part of a wildlife monitoring program with the Sustainable Biodiversity Fund FBS by its acronym in English
What is the FBS Sustainable Biodiversity Fund Costa Rica
The enactment of Law No. 8640 (2008), known as Ecomercados II, specifically the “Loan Agreement No. 7388-CR between the Republic of Costa Rica and the International Bank for Reconstruction and Development (IBRD),” led to the establishment of the Environmental Bank Foundation (FUNBAM). In 2010, FUNBAM, in turn, established its first operational project through a Trust known as the Sustainable Biodiversity Fund (FBS).
The mentioned Trust is administered by the National Bank under the name Trust 1052 FBS – BNCR.
The FBS was born as a sustainable financing initiative with a primary focus on the long-term conservation of biological diversity. Its objective is clearly defined: “To provide financing for the long-term, sustainable, and inclusive conservation of biodiversity on private lands, using only the returns on its assets; thus, directly contributing to the improvement of the environment and natural resources concentrated in the forest ecosystems of the country.”
In the Costa Rican context, the FBS represents the outcome of the search for a development model focused on biodiversity conservation. It is implemented through the Biodiversity Conservation Program (PCB), serving as an innovative mechanism resulting from a national trajectory of years in the development and implementation of economically viable incentives and instruments closely linked to the concepts of sustainable development and natural conservation.