Green biotechnology

Research on plants properties.
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Green biotechnology
Application of R&D to improve agricultural productivity with environmental sustainability. The key activities identified are ornamental plants, cocoa, and spices (such as pepper).
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

Open business model that creates and captures value through systematic collaboration with external partners (public universities, INTA, etc.).

Expected Impact

Promote economic activities that use green biotechnology, and increase the productivity of women-owned farms.

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).
For green pepper, the average expected yield is 7.8 t/ha, and in vanilla is 1.2 t/ha max.
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.
Medium Term (5–10 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.
In 2015 $ 11.1 M were exported of cocoa. In 2021, $563 M of Banana. (BCCR, PROCOMER).
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
The cost of using green biotechnology depends on the input to be used, the species to be treated, the volume of the crop, and the environmental conditions.
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Life on Land (SDG 15)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Responsible Consumption and Production (SDG 12) Life on Land (SDG 15)
Sector Sources
  • MIDEPLAN (2021). Estrategia Económica Territorial para una Economía Inclusiva y Descarbonizada 2020-2050 en Costa Rica Gobierno de Costa Rica (2018). Plan Nacional de Descarbonización 2018-2050. INAMU (2018). Política Nacional para la Igualdad Efectiva entre Mujeres y Hombres 2018-2030, PIEG Asamblea de Costa Rica (1998). Ley 7779, Ley de Uso, Manejo y Conservación de Suelos. Asamblea de Costa Rica (1997). Ley 7064, Ley de Fomento a la Producción Agropecuaria y MAG Asamblea de Costa Rica (1997). Ley de protección fitosanitaria PROCOMER (2017). OFERTA DE BIOCONTROLADORES DE ORIGEN COSTARRICENSE. Como insumo para la producción agrícola. MAG (2017). Guía técnica para la producción agropecuaria sostenibe en fincas integrales. BCCR (2021). Exportaciones FOB Totales por Producto. Matriz de datos. INEC (2019). Encuesta Nacional Agropecuaria 2019. SEPSA (2019). Comportamiento de la cartera de crédito para actividades agropecuarias. INEC (2015). VI Censo Nacional Agropecuario RESULTADOS GENERALES
IOA Sources
  • MAG (2008). Programa Regional de Producción de Alimentos para los ciclos 2008-09 al 2010-2011. Sector Agropecuario de la Región Brunca MAG (1991). El jengibre. Chacon (2019). SITUACION ACTUAL DEL CULTIVO DE CACAO EN COSTA RICA. Oficina Nacional de Semillas. PROCOMER (2016). OPORTUNIDADES COMERCIALES PARA LA EXPORTACIÓN DE CACAO. Dirección de Inteligencia Comercial MAG (1991). Pimienta. Dirección General de Investigación y Extensión Agrícola Gonzalez (2017). Efecto de tratamientos biológicos sobre pimienta. UCR. FAO (2021). FAOSTAT. Crops and livestock products. Costa Rica. Morales, L (2018). Producción y rendimiento del cultivo de la piña (ananas comosus) en Costa Rica, periodo 1984-2014. Revista Agronegocios, 4(2). TEC PROCOMER (2016). Guía del sector de ciencias de la vida. Esencial Costa Rica PROCOMER (2020). Caracterización y comercialización de mora, cúrcuma y subrpoductos de la yuca. PROCOMER (2020). Oportunidades de comercialización internacional del jengibre. PROCOMER (2020). Manual técnico de siembra de cúrcuma.