Ecuador makes $116 million to not drill for oil in Amazon | Global environmental change | Scoop.it

Ecuador is proposing to not drill for an estimated 850 million barrels of oil in the Yasuni National Park if the international community pledges $3.6 billion to a United Nations Development Fund (UNDF). The Yasuni-ITT Initiative would preserve arguably the most biodiverse region on Earth from oil exploitation, safeguard indigenous populations, and keep an estimated 410 million tons of CO2 out of the atmosphere.


Via Gill Mortimer