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Yasuní and oil exploitation
Scientists from all over the world have qualified Yasuní as the zone with the highest biodiversity of the world. Within one hectare of Yasuní, 644 different species of trees have been identified. There are as many different species in one hectare of Yasuní, as there are in the whole of North America.
Yasuní has been declared a world biosphere reserve by UNESCO.
 
This biosphere reserve is also the territory of the indigenous Huaorani people and some tribes who live in voluntary isolation. These are the last free human beings of Ecuador, true warriors who live in the so-called society of abundance, because they only produce the minimum to satisfy their own needs.
 
The foreseeable impacts of oil exploitation in the park are: contamination, deforestation, destruction of the social fabric, extinction of cultures etc. 
 
The Solution
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:

  1. This proposal is the only unquestioned solution to climate change
  2. Conservation of biodiversity 
  3. Protection of the indigenous inhabitants of Yasuní
  4. Transformation of the Ecuadorian economy away from oil

Read more about this proposal...

 
"Keep the Oil in the Soil": Ecuador Seeks Money to Keep Untapped Oil Resources Underground

Democracy Now
As delegates discuss various ways to reduce greenhouse gas emissions in Copenhagen, Ecuador has a simple message: keep untapped oil in the ground. Ivonne Yanez is an environmental activist from Ecuador, one of the larger oil producing countries in Latin America. Ecuador is believed to be sitting on an oil reserve of hundreds of millions of barrels. But the oil is located in the Yasuni National Park, one of the most biodiverse places on the planet. Ecuador has launched a unique campaign to have the international community compensate the country in exchange for keeping the oil in the ground.

 
The worst case of oil pollution on the planet
texacoChevron-Texaco in the Ecuadorian amazon region:
Chevron is responsible for creating toxic contamination 30 times larger than the Exxon Valdez
 
Your Comments
In this section, you can leave your comments to this proposal....
 

Latest news ...

19 October 2010, 21.05
World Rainforest MovementThe ITT oil exploration block, located within the borders of Ecuador’s Yasuní National Park, is an area of extraordinary biological diversity. The Ecuadorian proposal to leave the estimated 850 million barrels of oil reserves in this block untouched, in perpetuity (see WRM Bulletin Nº 157), marked a change of course in the right direction towards biodiversity conservation. Ecuador, whose economy is largely dependent on oil exports, would thereby prevent the emission of
11 September 2010, 22.26
Latin America Energy and Environment MonitorBy Carmelo Ruiz-MarreroYasuni: the battle's not over yetAfter years of intense local and international campaigning and lobbying by environmentalists and indigenous peoples, the Ecuador government finally signed on to the Yasuni-ITT Initiative (link) on August 2. Thus for the first time in history a nation state accepts a binding agreement to leave fossil fuels
06 September 2010, 00.18
CNNYasuní is both a place and a metaphor.The place is a UNESCO Biopshere Reserve in the Ecuadorian Amazon where two indigenous communities, the Tagaeri and the Taromenane, live in voluntary isolation. Below the biosphere lie the oil fields Isphingo, Tambococha and Tiputini, abbreviated to
30 July 2010, 00.00
Chapter by Laura Rival, University of OxfordOil has been a mainstay of Ecuador’s national development for more than forty years, with oil revenues constituting a major share of government revenues. As the oil frontier continues to expand in indigenous territories and in protected areas, oil has become a source of conflict. Since the early 1990s, there have been conflicts in the Amazon region over extraction, with the opening, for instance, of new fields in Canelo Kichwa, Shuar and Achuar
17 March 2010, 09.49
Pamela L. Martin , Ph.D., Coastal Carolina University Global Governance from the Amazon: Leaving Oil Underground in Yasuní National Park, Ecuador Paper Presented at the 51st Convention of the International Studies Association, New Orleans, Louisiana, February 16-21, 2010  Download the paper  423.60
12 March 2010, 04.18
By Pamela L. Martin, PhD, ENS Newswire CONWAY, South Carolina, February 16, 2010 (ENS) - In December 2009, as the world waited for a global climate change agreement at the UN Copenhagen climate summit that was never resolved, one bright spot for conservation remained - the protection of a paradise of biodiversity, a portion of Yasuni National Park in Ecuador's Amazon. Ecuador's innovative plan to keep some 850 million barrels of oil underground and avoid nearly 410 million tons
11 March 2010, 08.42
by Gerard Coffey - Alborada.net The resignation in January of the Ecuadorian Foreign Minister, Fander Falconí came as a real shock to most observers; it was probably not something Falconí himself had foreseen. His departure provoked a minor earthquake within government circles, but a reading of his dispute with President Rafael Correa suggests that whatever the personal grievances, the major problem is not what his resignation implies for the long term well being of the
22 January 2010, 08.42
by Kevin Koenig, Northern Amazon Program Coordinator , Amazonwatch Ecuador's historic proposal to keep some 850 million barrels of crude that lay beneath the country's stunning Yasuní National Park hit a familiar roadblock last weekend, as President Rafael Correa undermined his own negotiating team, denounced foreign donors, and threatened to drill in the ITT oil block (named for the oil wells Ishpingo, Tambococha, Tiputini) in
15 January 2010, 10.18
Friends: For almost three years we have kept alive the proposal to keep the oil underground in the ITT block of Yasuni National Park in Ecuador. International support has been impressive. However, we are now in a high-risk stage.   The initiative to keep the oil underground needed a trust-fund as a tool to, amongst other things:     1.Guarantee the use of the money according to environmental principles     2.Guarantee that future governments
15 January 2010, 08.27
Treehugger, Fander Falconí, Foreign Affairs Minister of Ecuador, has resigned due to differences with president Rafael Correa in the issue of the country's plan to protect the Yasuni reservation at the Amazon forest. The president of Ecuador has also set a deadline for the
15 January 2010, 08.22
New York Times , QUITO, Ecuador (AP) -- Ecuador's foreign minister resigned Tuesday after President Rafael Correa criticized his handling of negotiations to prevent oil drilling in a pristine Amazon reserve. Fander Falconi was the third government official to resign over a plan to seek international donations of $3 billion over the next 10 years to keep an estimated 850 million barrels of heavy crude oil under the ground in the remote Yasuni National
16 December 2009, 05.14
Commentary by Nikolas Kozloff, special to mongabay.com As climate change negotiations continue full force in the Danish city of Copenhagen, Latin American countries are hoping the Global North will commit to its “climate debt” by reducing greenhouse gas emissions and providing resources to poor nations. It’s certainly an understandable aspiration: Latin America only produces five per cent of global emissions of carbon dioxide, a chief greenhouse gas, yet the region has
01 December 2009, 06.08
By Naomi Klein - November 11th, 2009 Published in Rolling Stone One last chance to save the world—for months, that's how the United Nations summit on climate change in Copenhagen, which starts in early December, was being hyped. Officials from 192 countries were finally going to make a deal to keep global temperatures below catastrophic levels. The summit called for "that old comic-book sensibility of uniting in the face of a common danger threatening the Earth,"
23 October 2009, 06.33
amerias program. Alberto Acosta, Eduardo Gudynas, Esperanza Martínez, and Joseph H. Vogel | August 13, 2009 The government of Ecuador has presented a novel proposal to not exploit the oil reserves of the Yasuní National Park. The economic benefits of exporting crude oil are limited compared to the social, economic, and environmental costs of extracting oil from the Amazon, with its enormous ecological and cultural diversity.
06 August 2009, 16.00
Kevin Gallagher, Guardian.co.uk. Should the world pay Ecuador not to extract oil? President Rafael Correa's argument makes perfect economic
03 July 2009, 06.20
The Economist. An ambitious scheme to save pristine forest starts to take

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Yasuní-ITT. A Post-Oil Initiative

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