Best Sustainable Finance Lawyers in Costa Rica

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

Or refine your search by selecting a city:

Arista Legal
Guanacaste, Costa Rica

Founded in 2000
50 people in their team
Spanish
English
AristaLegal is composed of a multidisciplinary team highly trained and experienced in the design and execution of legal, financial, and tax strategies tailored to the demands of today’s world. We provide practical, efficient, and effective solutions, customized to meet the specific needs of each...
MG Law
Guanacaste, Costa Rica

Founded in 2022
10 people in their team
Spanish
English
The boutique concept of our law firm is provided not just for our number, as for the quality of the services that differentiates us from other legal offices. Our cases are always handled by the partners of the firm, who, under our work philosophy, give personalized attention to each case and fluid...
Kelso.Legal
Guanacaste, Costa Rica

Founded in 2017
50 people in their team
Spanish
English
Fabian is an attorney specialized in businesses, real estate and entrepreneurship. His work experience began in the year 2000. He has a Law Degree (Licentiate) from the University of Costa Rica, Rodrigo Facio campus, as well as Master's Degree (LL.M.) with emphasis in Business Law from...
JARA RICO Law Firm
San Jose de la Montana, Costa Rica

Founded in 2012
50 people in their team
Spanish
English
AN EXPERIENCED AND DEDICATED WORK TEAMOur firm provides access to a team rich in legal knowledge and experience that is invaluable. Our approach is unique in that each case receives personalized attention from our most experienced colleagues.OUR MISSIONProvide comprehensive legal services of the...
AG Legal
San Jose de la Montana, Costa Rica

Founded in 1996
50 people in their team
Spanish
English
MISSIONWe are a company that provides comprehensive legal services, focused on satisfying the needs of our clients, through a specialized, reliable and proactive human team; from Costa Rica and internationally.VISIONTo be a leading company in legal services at a local and international level in...
LEXLEGALFLORES
San José, Costa Rica

Founded in 2009
3 people in their team
English
Lexlegalflores is a legal firm that focuses its practice on the representation of national and foreign clients with extensive knowledge in Criminal, Immigration, Family, Civil, and Notarial matters. Our firm has select clients that allows our lawyers to provide personalized legal representation,...
AS SEEN ON

Browse sustainable finance law firms by city in Costa Rica

Refine your search by selecting a city.

About Sustainable Finance Law in Costa Rica

Sustainable finance is an emerging area of law in Costa Rica that integrates financial decision making with environmental, social, and governance (ESG) criteria. Costa Rica is recognized globally for its commitment to sustainability, particularly in eco-friendly development and climate action. As a result, the country is fostering a legal framework that encourages investments supporting renewable energy, green bonds, low-carbon projects, and social responsibility across various economic sectors. Sustainable finance law provides guidelines for both public and private institutions, ensuring that financial activities contribute positively to sustainable development goals.

Why You May Need a Lawyer

There are several situations where seeking legal advice in the field of sustainable finance may be essential in Costa Rica. Businesses aiming to launch green projects will need guidance to comply with environmental finance regulations. Foreign investors looking to fund sustainable and social impact projects must understand local requirements and incentives. Individuals or corporations seeking to structure or issue green or social bonds may require legal expertise to ensure proper documentation and disclosure. Additionally, companies involved in mergers or acquisitions within sectors impacted by ESG standards often benefit from personalized legal counsel to navigate compliance and reporting obligations. Expert advice is also crucial when addressing disputes, contract reviews, or government permits involving sustainable finance initiatives.

Local Laws Overview

Costa Rica has implemented a range of laws and regulations to promote sustainable finance. The government supports green financial instruments such as green bonds and social bonds for public and private sector projects. The Central Bank of Costa Rica, along with the Superintendency of Financial Institutions (SUGEF), has issued guidelines related to ESG risk management and transparency for financial entities. These require institutions to assess and disclose climate and social risks in their portfolios. The regulatory framework includes incentives for projects that advance clean energy, biodiversity conservation, water management, and social inclusion. Recent initiatives focus on aligning national financial practices with international standards such as the United Nations Sustainable Development Goals (SDGs) and the Principles for Responsible Banking.

Frequently Asked Questions

What is sustainable finance?

Sustainable finance means including environmental, social, and governance factors in financial activities such as lending, investment, and project funding to achieve positive long-term impacts.

Is sustainable finance mandatory in Costa Rica?

Some aspects like environmental impact assessments are mandatory, while others, such as using ESG criteria in investments, are voluntary but increasingly encouraged and incentivized by authorities.

What types of sustainable finance products are available?

Green bonds, social bonds, and sustainability-linked loans are among the most common products. Costa Rican banks and financial institutions are beginning to offer these instruments.

Who oversees sustainable finance regulations?

Primary oversight is by the Superintendency of Financial Institutions (SUGEF) with support from the Central Bank and cooperation with international organizations.

Are there tax or financial incentives?

Yes, certain sustainable investments can qualify for tax deductions or credits, especially those related to renewable energy or conservation projects. These are subject to specific criteria.

What legal risks exist in sustainable finance?

Non-compliance with disclosure rules, misrepresentation of green initiatives (greenwashing), and breach of contract are the most common legal risks companies and investors might face.

Can foreigners participate in Costa Rican sustainable finance?

Yes, foreign investors are welcome to participate, although they must comply with local laws and may need to register projects or investments with appropriate authorities.

How can a company issue a green bond in Costa Rica?

The company must follow established guidelines for issuance, documentation, and reporting. Legal advice ensures that requirements are properly met and the bond qualifies as green.

What standards guide sustainable investment in the country?

Costa Rica follows international best practices, including standards from the International Capital Market Association (ICMA) for bonds and SDG targets for broader projects.

How can legal counsel help with project financing?

Lawyers provide detailed advice on compliance, contracts, permits, stakeholder agreements, and certify proper use of funds in alignment with sustainability requirements.

Additional Resources

Relevant resources for sustainable finance in Costa Rica include the Superintendency of Financial Institutions (SUGEF), Ministry of Environment and Energy (MINAE), Central Bank of Costa Rica, Costa Rican Stock Exchange (BNV), and international organizations such as the United Nations Development Programme (UNDP). Various academic initiatives and private associations also provide up-to-date research and networking opportunities.

Next Steps

If you need legal assistance with sustainable finance in Costa Rica, start by identifying your specific needs such as compliance review, investment structuring, or documentation. Research qualified lawyers or law firms specializing in environmental and financial law, ideally with experience in sustainable projects. Prepare all relevant documents and information about your project or transaction. Schedule an initial consultation to discuss your requirements, possible challenges, and next steps. A knowledgeable attorney will guide you through regulations, risk management, contracts, and opportunities, ensuring your sustainable finance goals align with Costa Rican law.

Lawzana helps you find the best lawyers and law firms in Costa Rica through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Sustainable Finance, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Costa Rica - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.