The end of Buen Vivir? Ecuador plans oil extraction in Yasuní National Park

Yasuní National Park in the Ecuadorean Amazon, one of the most biodiverse regions in the world, was a beacon of hope for conservationism and environmental governance. But it seems that the government is now planning to allow oil drilling in the Amazon, says Maximiliano Proaño. Current president of Ecuador, Lenin Moreno, is doing a similar bait-and-switch move. Although he promised to protect the Amazon, a draft Presidential Decree was leaked in November 2018 that revealed government plans to allow oil drilling in the buffer zone of a protected area established for the Tagaeri-Taromenane which until now has been off limits to drilling. Yasuní: leaving oil in the ground Yasuní was once an example for global conservation. The Yasuní-ITT (Ishpingo-Tambococha-Tiputini) Initiative consisted of leaving the oil underground in a part of Yasuní National Park. In 2007, former president Rafael Correa offered to leave the oil in the ground in return for $3.6bn compensation from the global community. This money was to be invested in renewable energy, protection of biodiversity, and conservation of 44 protected areas. With … Continue reading The end of Buen Vivir? Ecuador plans oil extraction in Yasuní National Park