Land-based aquaculture

Ponds for aquaculture
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Land-based aquaculture
Addresses processes to reproduce and/or fatten aquatic plant or animal species. Key activity identified: oyster farming on land (not at sea due to the delicacy of this marine environment).
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, MAG, etc.).

Expected Impact

Create economic opportunities through sustainable aquaculture-related activities while encouraging women to integrate into the system

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).
With mechanization, a GIGA oysters hectare has 0.7%-18% profitability. (FUNDAME)
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.
In 2019, oysters' price per unit was $3 in Puntarenas (OPESCA).
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
An initial investment of $185,000 is required to achieve a production capacity of approximately 10,500 kg of oysters per year (Ballesteros).
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)
Sector Sources
  • SEPSA (2018). Boletín Estadístico Agropecuario №28 |Serie Cronológica 2014 - 2017. FUNDAME (2018). La Empresa Ostricola: Sistema Productivo Y Rentabilidad. Capítulo 6.La ostricultura. Asamblea de Costa Rica (2005). Ley de Pesca y Acuicultura, Nº 8436. 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. INEC (2015). VI Censo Nacional Agropecuario. CARACTERÍSTICAS DE LAS FINCAS Y DE LAS PERSONAS PRODUCTORAS.
IOA Sources
  • Peña, N (2019). Acuicultura en Costa Rica. Universidad Técnica Nacional. Publicado en WORLD AQUACULTUR. Casa Presidencial (2019). Costa Rica tendrá la mayor planta de depuracion de ostras de centroamerica. Comunciado oficial Ballesteros, O (2019). PRODUCCIÓN Y COMERCIALIZACIÓN DE OSTRAS A ESTADOS UNIDOS DESDE LA BAHÍA DE SAN BLAS: ANÁLISIS DE VIABILIDAD Y PERSPECTIVAS. UTF, Argentina. OPESCA (2009). Diagnóstico del cultivo y extracción de moluscos en Centroamérica. Informe regional. INCOPESCA (2019). PLAN ESTRATÉGICO DE LA ACUICULTURA INCOPESCA 2019-2023.