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The President of the Republic of Ecuador, Rafael Correa, has indicated that the first option for the country is to leave the crude oil of Yasuní untouched underground. The idea is to stimulate the national and international society to contribute in this expensive national decision. The government expects, through this mechanism, to recover 50% of the income it would have obtained by extracting the crude oil.
The State will emit certificates for the crude oil of Yasuní, and promise to keep the crude underground forever and use the funds to better protect Yasuní National Park.
The arguments in favour of this proposal are:
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Latest News
Friday, 03 July 2009
The Economist.
An ambitious scheme to save pristine forest starts to take shape
Friday, 26 June 2009
Climate Protection (From: Wir Klimaretter ) Germany wants to pay 50 million US dollars
annually into a trust fund so that Ecuador won´t exploit its huge
oil reserves in the jungle.
Gerhard
Dilger, Porto Alegre
Wednesday, 01 April 2009
22 members of the European parliament sent a letter to President Correa in which they ask him to extend the ITT proposal to the whole of the Yasuní biosfere reserves, as well as other UNESCO recognized biosfere reserves in Ecuador.
Thursday, 05 March 2009
By Esperanza Martínez
Acción Ecologica
On Februray 5, 2009, presidential decree number 1572 indefinitely
extended an initiative not to exploit crude oil located in Yasuní
National Park in Ecuador.
Monday, 16 February 2009
President Indefinitely Extends Historic Rainforest Protection Proposal
Quito, Ecuador, Feb 24 (AW)--The President of Ecuador, Rafael Correa,
recently signed a decree that breathed new life into the country’s
pioneer proposal to...
Tuesday, 25 November 2008
By Christian Schwägerl, Der Spiegel
Ecuador
is the first country in the world to announce plans to leave the oil
reserves beneath its rainforests in the ground. The country wants
foreign businesses, including German companies, to...
Friday, 07 November 2008
Lago Agrio,
6th of November 2008
We,
as women, made this document in paper and in your language. We cannot
speak to you because we live far away and because you don't understand
our language.
Look at this paper Mr. President, it...
Tuesday, 21 October 2008
New Internationalist. As the deadline for gathering pledges for the Yasuní proposal to
leave oil in the ground in return for financial compensation fast
approaches, pressure is mounting to tap into the global carbon market.
But at what...
Tuesday, 21 October 2008
News from the Yasuni Green Gold campaign blog in the UK
Tuesday, 14 October 2008
South African archbishop emeritus of Cape Tow, Desmond Tutu, supports the proposal to keep oil underground in Yasuní national Park.
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