Program implementation was formalized by MAG through agreements signed on February 12, 2026. The World Bank identifies the operation as P504033 and IFAD as project 2000004958. Total operation financing is US$695 million: Government of Costa Rica US$555 million (80%), IBRD/World Bank US$120 million (17%), and IFAD US$20 million (3%). No currency conversion is required because official financing figures are already expressed in U.S. dollars; exchange_rate=1 is therefore used. The World Bank expected closing date is May 27, 2031. The 2026-2031 implementation period covers six calendar years with budget execution; therefore years_count=6 and annual_average_budget is calculated as US$695 million / 6. The Program is aligned with the Costa Rican Agricultural Sector Public Policy 2023-2032 and its corresponding Sector Plan. IICA participates as the verification entity and LAICA as an associated institution for sector information integration and support to the sugarcane sector.
Iniciative Type
Action scope
National
Evaluated
No
Stage
Implementation- Ongoing
Temporalidad
Medium-term
Number of Years
5 - Year -s
| Institutions | Institutions rols |
|---|---|
| MAG-CRI: Ministerio de Agricultura y Ganadería-Costa Rica | Financing-investor |
| BM: Banco mundial | Financing-investor |
| FIDA: Fondo Internacional de Desarrollo Agricola | Execution and operation |
| IICA: Instituto Interamericano de Cooperación para la Agricultura | Monitoring and auditing |
| LAICA: Costa Rican Sugarcane Agricultural and Industrial League | Interinstitutional cooperation |
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