La Esperanza forest protection
La Esperanza Hydropower Project (LEHP)
The Monteverde Conservation League
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This project involves the La Esperanza Hydropower Project (downstream water user) and the Monteverde Conservation League, a NGO that owns most of the watershed. In order to ensure the preservation of the forest cover, the utility company is willing to pay up to US$ 10/ha/yr for that conservation. They have entered into a long term contract (99 years) which covers 88 percent of the watershed.