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In 2018, Costa Rica demonstrated its commitment to the Paris Agreement and published its Decarbonization Plan for achieving zero net emissions by the year 2050. We evaluate the impacts of the country's strategy for decarbonizing its Agriculture, Forestry and Other Land Uses (AFOLU) sectors by coupling the Integrated Economic-Environmental Modeling framework with high-resolution spatial land use-land cover change and ecosystem services modeling (IEEM+ESM). Our results show that decarbonization of AFOLU would simultaneously enhance carbon storage, water purification, water regulation and erosion mitigation ecosystem services. Moreover, the positive cumulative wealth impact of decarbonization would be approximately US$7.27 billion by 2050 while lifting an additional 3810 individuals out of poverty. From a public investment perspective, decarbonization would have a fiscally neutral impact with the economic benefits sufficient in magnitude to off-set policy implementation costs and generate economic returns of over US$852 million when changes in natural capital stocks and environmental quality are considered. This application to Costa Rica is the first integrated economy-wide analysis of a growing number of decarbonization plans globally. The IEEM+ESM approach provides an integrated framework for analyzing decarbonization plans and can be used to refine AFOLU mitigation strategies to capitalize on synergies and minimize negative trade-offs across the three dimensions of wealth and sustainable economic development, namely economy, society and the environment. • Decarbonization of Costa Rica's AFOLU will generate US$7.3 billion in wealth. • AFOLU decarbonization will be fiscally neutral and generate returns of US$852 million. • The methods can be applied to integrated analysis of decarbonization globally. [ABSTRACT FROM AUTHOR]

Decarbonization is a process that transforms economies to lower greenhouse gas (GHG) emissions per unit of economic output, aiming towards net-zero GHG emissions. This process could also reduce short-lived climate pollutant (SLCP) emissions, including black carbon and methane. They have relatively short atmospheric lifetimes but have large radiative forcing and impact human health. Therefore, reducing SLCPs can improve air pollution and help mitigate climate change. Costa Rica was one of the first countries to have a decarbonization plan, and many others have stated their goal to reach net-zero emissions by around mid-century. However, reducing SLCP emissions as an economy decarbonizes is not guaranteed, and few examples in the literature have assessed how decarbonization impacts SLCPs. This paper estimates the SLCP emission reductions from Costa Rica's decarbonization plan. Through a value chain analysis and the identification of implementation barriers, the paper also evaluates which policy instruments can advance SLCP mitigation in multiple sectors, creating implementation synergy. We find that mitigation measures, by 2050, in the transport, agricultural, solid waste, and industrial sectors avoid 25.2 kt of black carbon emissions (23 times the 2018 emissions) and 2167 kt of methane (15 times the 2018 emissions). However, the country faces financial and governance challenges in each sector that will need overcoming to implement the intended mitigation measures. We identify a comprehensive environmental tax reform, the overhauling of urban regulatory plans, the strengthening of institutional capabilities, and low-carbon investment with favorable financing as crucial cross-sectoral policy synergies that will advance the implementation of SLCP mitigation. • Decarbonizing can reduce and avoid short-lived climate pollutant (SLCP) emissions. • Black carbon and methane (two SLCPs) cause global warming and poor air quality. • Some policy instruments can reduce SLCPs in multiple sectors, causing synergy. • Improved urban planning can favor the mitigation in transport and waste sectors. • Institutional strength and favorable financing are needed to advance mitigation. [ABSTRACT FROM AUTHOR]

Decarbonization is a process that transforms economies to lower greenhouse gas (GHG) emissions per unit of economic output, aiming towards net-zero GHG emissions. This process could also reduce short-lived climate pollutant (SLCP) emissions, including black carbon and methane. They have relatively short atmospheric lifetimes but have large radiative forcing and impact human health. Therefore, reducing SLCPs can improve air pollution and help mitigate climate change. Costa Rica was one of the first countries to have a decarbonization plan, and many others have stated their goal to reach net-zero emissions by around mid-century. However, reducing SLCP emissions as an economy decarbonizes is not guaranteed, and few examples in the literature have assessed how decarbonization impacts SLCPs. This paper estimates the SLCP emission reductions from Costa Rica's decarbonization plan. Through a value chain analysis and the identification of implementation barriers, the paper also evaluates which policy instruments can advance SLCP mitigation in multiple sectors, creating implementation synergy. We find that mitigation measures, by 2050, in the transport, agricultural, solid waste, and industrial sectors avoid 25.2 kt of black carbon emissions (23 times the 2018 emissions) and 2167 kt of methane (15 times the 2018 emissions). However, the country faces financial and governance challenges in each sector that will need overcoming to implement the intended mitigation measures. We identify a comprehensive environmental tax reform, the overhauling of urban regulatory plans, the strengthening of institutional capabilities, and low-carbon investment with favorable financing as crucial cross-sectoral policy synergies that will advance the implementation of SLCP mitigation. • Decarbonizing can reduce and avoid short-lived climate pollutant (SLCP) emissions. • Black carbon and methane (two SLCPs) cause global warming and poor air quality. • Some policy instruments can reduce SLCPs in multiple sectors, causing synergy. • Improved urban planning can favor the mitigation in transport and waste sectors. • Institutional strength and favorable financing are needed to advance mitigation. [ABSTRACT FROM AUTHOR]