The Regional Media Forum “Subsidizing the biofuels boom: What consequences for Latin America?”, held on 27 - 28 March, 2008, at the Incae Campus, Alajuela, Costa Rica, was jointly organised by the Global Subsidies Initiative (GSI), the INCAE Business School, and IPS Inter Press Service Latin America news agency, as part of an ongoing series of GSI regional media forums designed to lead journalists around the world towards a better understanding of the decisive role that subsidies play in key emerging challenges that face policy makers striving for a more sustainable world.

Presentations during the forum were given by Incae experts in biofuel and economy, NGOs representatives in social and environmental impact of subsidies and biofuels production, IPS and university experts in investigative journalism in subsidies issues. Fifteen journalists working in leading newspapers and media from 13 Latin American countries attended the event. To close the event, a site trip was organized to an ethanol plant, and a meeting with sugar cane enterprises representatives.