Farming of aquatic organisms in coastal areas

Aquaculture coastal farms

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Farming of aquatic organisms in coastal areas
Sustainable farming of aquatic plant or animal species in coastal Costa Rica (e.g., oysters, tilapia, and shrimp).
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Food and Beverage
Food and Agriculture
Business Model Description

Businesses that use novel and eco-friendly processing technologies that extend the shelf-life of seafood products, that do not rely on additives or heat treatment, and recirculate aquaculture systems, to reduce food loss, ensure food security for future consumer sand waste from farm-to-fork.

Expected Impact

Generate a strong economic boost in coastal areas by optimizing marine resource management and modernizing the aquaculture model.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Life Below Water (SDG 14)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Decent Work and Economic Growth (SDG 8)
Sector Sources
  • 1) MIDEPLAN (2021) Estrategia Económica Territorial para una Economía Inclusiva y Descarbonizada 2020-2050 en Costa Rica 2) Gobierno de Costa Rica (2018) Plan Nacional de Descarbonización 2018-2050. 3) Asamblea de Costa Rica (2005) Ley de Pesca y Acuicultura, Nº 8436. 4) INEC (2015) VI Censo Nacional Agropecuario. CARACTERÍSTICAS DE LAS FINCAS Y DE LAS PERSONAS PRODUCTORAS. 5) MEIC (2016) Diagnóstico sobre el mercado de la carne de pescado en Costa Rica 6) CEDEÑO (2007) Estudio de factibilidad financiero e investigación de mercado de un proyecto de tilapias para establecer en la zona de Turrialba. Universidad de Costa Rica
IOA Sources
  • 7) Presidencia (2021) TRES PROYECTOS DE ACUICULTURA Y TURISMO GENERAN EMPLEO A 32 MUJERES EN EL GOLFO DE NICOYA. Comunicado oficial. 8) SEPSA (2019) Informe de Gestión del Sector Agropecuario, Pesquero y Rural Mayo 2018 – Abril 2019 9) SENASA (2019) Dos granjas de acuicultura reciben certificacion en buenas practicas en el uso de medicamentos-veterinarios 10) Valverde y Alfaro (2014) Productividad y rentabilidad del cultivo de camarones marinos en el Golfo de Nicoya, Costa Rica. Revista Ciencias Marinas y Costeras. 11) FAO (2016) Costa Rica iniciará el proceso para ordenar, fortalecer y dar sostenibilidad a su acuicultura. Comunicado oficial. 12) OCDE (2019) Resultados y recomendaciones clave de la evaluación de las políticas de la pesca y acuicultura en Costa Rica por el Comité de Pesca de la OCDE. 13) OPESCA (2009). Diagnóstico del cultivo y extracción de moluscos en Centroamérica. Informe regional. 14) FUNDAME (2018). La Empresa Ostricola: Sistema Productivo Y Rentabilidad. Capítulo 6.La ostricultura. 15) INCOPESCA (2019). PLAN ESTRATÉGICO DE LA ACUICULTURA INCOPESCA 2019-2023. 16) BCCR (2021). Exportaciones FOB Totales por Producto. Matriz de datos.