Costa Rica Presidency 1994-1998

José María Figueres Olsen

1995 | Signing of the Kyoto Protocol

Costa Rica becomes one of the signatory countries committed to combating climate change.

1995 | Convention on Climate Change and Biodiversity

Costa Rica reaffirms its commitment to environmental protection.

1996 | Establishment of Payments for Environmental Services

A pioneering program is implemented that compensates landowners for protecting the environment.

1997 | Constitutional Reform

The right to a healthy environment is guaranteed in the Costa Rican constitution.

1997 | Sale of One Million Tons of Carbon

Costa Rica makes its first sale of carbon credits to the government of Norway.

1997 | Intel Arrives in Costa Rica

The multinational establishes its first plant in the country, promoting a shift in Costa Rica's technological and economic development.

1997 | First Free Trade Agreement

Costa Rica signs its first free trade agreement with Mexico.

1997 | Summit of the Presidents of the Americas

The first summit is held in Costa Rica, which includes a visit from U.S. President Bill Clinton.

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