By May 8, 2012 1 Comments Read More →

Protecting the Yasuni National Park in the Ecuadorian Amazon (Video)

YouTube – YasuiniITT

The Yasuni National Park in the Ecuadorian Amazonian is one of the most biologically diverse regions on the planet.  One hectare of the Yasuni contains more tree and bush species than all of North America.

Directly below this world treasure, however,  lies an estimated 846 million barrels of oil that Ecuador is proposing to leave untapped in an effort to prohibit the burning of these fuels and the subsequent release of this CO2 gas and destruction of the rainforest.  To do so, Ecuador is seeking contributions from oil producing nations to assist in the protection of this gem.

Can a program like this serve as a new model for conservation?

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1 Comment on "Protecting the Yasuni National Park in the Ecuadorian Amazon (Video)"

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  1. Awakening Eyelid says:

    Is it just me or does this sound an awful lot like extortion? “The issuance of CGYs will provide a guarantee to maintain the ITT field oil reserves within the National Park indefinitely. The CGY is an instrument that does not earn interest and does not have an expiration or maturity date as long as the Government maintains its commitment not to exploit the Yasuni ITT oil reserves” (http://mptf.undp.org/yasuni.)

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