The state, oil, and the fight for yasuni national park. Oct 15, 20 why ecuador s president is misleading the world on yasuni itt rafael correa has moved to abolish an historic amazon oil plan, but dont be fooled by what he claims david hill. A major transition for a great transformation reflections. In 1972 the country became an oil exporter, and since then this product has been the centerpiece of the national economy. Colombias neighbour ecuador currently also experiences debates over prospective extraction of natural resources. The people of the yasuni and surroundings quichuas and napo runas sionas, secoyas, cofanes and zaparos shuar and achuar waorani huaorani people in voluntary isolation tagaeri, taromenani, onameni links to further information the people of the yasuni and surroundings the yasuni national park is ecuador s largest. This is the aim of ecuadors national plan for good living. Environmentalists and scientists such as jane goodall, e. Such high levels of biodiversity officially make ecuador one of the 17. The yasuni itt initiative sought to prevent the drilling of oil in the ishpingotambocochatiputini itt oil field within the yasuni national park. The demise of the yasuniitt initiative back to reality or.
The world failed ecuador on its yasuni initiative juan falconi puig. A major transition for a great transformation reflections from. Ecuador s black gold colombias neighbour ecuador currently also experiences debates over prospective extraction of natural resources. Chinese companies sipec and andes petroleum, which recently merged with.
Evaluating ecuadors decision to abandon the yasuniitt initiative ariana keyman, feb 22 2015, 4593 views. To preserve the rainforest ecosystems within the yasuniitt oil block, the release of. Martin, associate professor of politics at the coastal carolina university in conway, south carolina, provided a favourable outlook on ecuador s innovative. The global politics of ecuadors yasuniitt proposal, published in. As the yasuni national park comprises more than 1m hectares and just 0. The old and new values of petroleum article in ecological economics 702. The yasuni itt initiative seeks to address the two main causes of. Such a pessimistic reading views the extraction of natural resources as the quickest and most.
The yasuniitt initiative was a project that attempted to keep over a billion barrels of oil in the ground under the yasuni national park, a biosphere reserve in the ecuadorian amazon. The yasuni itt initiative aimed to prevent drilling in the ishpingotambocochatiputini oil field in ecuador. Precedent and practicality time is ticking for yasuni in ecuador, one of the most biodiverse forests on the planet. The demise of the yasuniitt initiative back to reality. Rights of nature tribunal ecuador is one of the most biodiverse countries on the planet, with the largest number of vertebrates per square kilometer in the world. Sep 19, 20 the world failed ecuador on its yasuni initiative.
In year 2007 the ecuadorian government presented the yasuni itt initiative, emerging as an alternative proposal, which seeks to keep large heavy crude deposits in the ground, creating an international fund which will compensate these potential economic incomes, thus claiming for the contribution to the reduction of co2 emissions and the. In the amazon rainforest, a unique postcarbon plan to mitigate. After the demise of the yasuni itt initiative, critics argued that this was proof that economic development remains the singular goal in countries like ecuador, which needs to liberate vast swathes of their populations from poverty and deprivation. Ecuador indicated that the yasuniitt initiative is part of ecuadors. Nov 28, 2011 the yasuni itt initiative is a project that aims to preserve the most biologically diverse region on the planet, the region of ecuadors amazon between the rivers ishpingo, tambococha, and tiputini itt by securing donations from developed countries in exchange for keeping the vast oil reserves beneath the national park untapped.
The yasuni itt initiative was launched by president rafael correa of ecuador at the u. They do not have a strategic plan that allows the proper. Why ecuadors president has failed the country over yasuniitt. Wilson, and stuart pimm urged the government to leave the resources untapped. Race to save ecuadors yasuni national park from oil lobby. Hence ecuador is a net importer of petroleum products. The world failed ecuador on its yasuni initiative juan.
Itt initiative through which the country proposed a permanent moratorium on oil extraction in a portion of the yasuni. Energy justice and the contested petroleum politics of. Ecuador s historic proposal to keep its largest crude oil reserve beneath the iconic yasuni national park permanently in the ground in exchange for half of its forgone revenues has inspired a. Aug 23, 20 ecuador s yasuni national park seen by many as the most biodiverse place on earth is at risk from rising extinction rates globally and local economic pressures to exploit the oil beneath. The southern ecuadorian amazon and parts of yasuni national park are the only undeveloped parts of ecuadors rainforest. Ecuador is one of the most biologically diverse countries in the world, and is also noted for the richness and variety of its indigenous cultures. Itt initiative, ultimately failed, and the spanish oil company. This article analyzes the yasuniitt initiative and presents it as an example of how to merge concrete and innovative proposals transition and utopias which go. The flagship project, itt block 43, could run into trouble with environmental groups. In ecuador there are studies related to renewable energy resources 32,33, discussions about oil production in the yasuni reserve 34, 35 and an analysis of the countrys energy development. Apr 04, 2016 tiputini river and rainforest in yasuni national park in ecuador s amazon forest. The ecuadorian proposal to keep 846 million barrels of crude oil in the yasuni national park undergroundfor the purposes of avoiding co 2 emissions and to protect both the biological diversity and the indigenous peoples in isolation who inhabit this area of the amazonis evaluated from a multicriteria analysis. Oil companies are given permit to drill for 920m barrels of crude believed to be beneath the forest floor.
The contributions will finance renewable energy and sustainable development. The initiative was the proposal by the government of ecuador to. Evaluating ecuadors decision to abandon the yasuniitt initiative. Rationale for the initiative ecuador indicated that the yasuni itt initiative is part of ecuador s commitment to maintain reserves indefinitely untapped oil underground in yasuni national park, the most biodiversity place on the planet. Introduction in 2007 the government of ecuador, chaired by president rafael correa, launched the yasun. The ecuador yasuni itt trust fund terms of reference introduction 1.
Pdf community tourism is a recent tourism initiative that is being developed in latin america. Ecuadors yasuniitt initiative to keep nearly 900 million barrels of oil. Evaluating the ecuadorian governments decision to abandon the yasuni itt initiative in june 2007, a big idea from a small country was unveiled to the world by the thenrecently elected president of ecuador, rafael correa, in the form of the yasuni itt initiative. Sep 04, 20 why ecuador s president has failed the country over yasuni itt.
Theres a powerful lobby fighting the issue of a license that would open up the ishpingo oilfield, part of the itt block, and permit drilling deeper in the yasuni national park. The country is among the top ten international positions by number of amphibians, birds and butterflies, and holds second place for the number of orchids josse,continue reading yasuniitt case. Ecuador would leave the vast oil reserves underground in the yasuni national park. A major transition for a great transformation reflections from the yasuni itt initiative rene ramirez gallegos1 when discussing the development of a political project from the left there are two opposing positions or aspects. Jan 19, 2007 quito, jan 19 reuters ecuador s itt oil field could have up to 1. President correa gives ecuador s yasuniitt initiative a positive evaluation major expansion planned in 2012 for groundbreaking effort to protect western hemispheres most biodiverse park from oil. The bone of contention is an area of the yasuni national park containing the oil fields ishpingo, tambococha and tiputini collectively known as itt. The yasuni ishpingo tambococha tiputini trust fund yasuni itt trust fund is established for receipt of contributions from supporters of ecuador s historical decision to permanently forego the extraction of the yasuni itt oil fields about 846 million barrels.
Ecuadors china boom encompasses investment, finance, and trade, and is. Evaluating ecuadors decision to abandon the yasuniitt. Map of ecuador showing the location of the yasuni national park, the huaorani ethnic reserve. It was with a heavy heart that ecuador s president rafael correa recently announced the end of the pioneering yasuni itt. Thus, the very essence of this global plan recognized the rights of nature to exist according to the. Yasuniitt situacion y perspectivas by sergio velez issuu. Sep 04, 2019 the yasuni ishpingo tambococha tiputini trust fund yasuni itt trust fund is established for receipt of contributions from supporters of ecuador s historical decision to permanently forego the extraction of the yasuni itt oil fields about 846 million barrels. The global politics of ecuador s yasuni itt proposal, published in devpols special issue on energy and development in 2011, pamela l. Ecuador drills for oil on edge of pristine rainforest in yasuni. This would protect biodiversity, maintain indigenous peoples rights, and eliminate 400 million tons of co2 emissions. The traditional tests employed in merger analysis in large economies are irrelevant in small countries like ours. Four gigantic puppets walk through the streets of central london to remind us who are the new horsemen of the apocalypse. Why ecuadors president is misleading the world on yasuniitt. Since announcing plans to drill for oil under yasuni, ecuador has vowed the national.