by DEBORAH KINDERMANN-ZEILINGER
‘Leave the oil underground’ is the slogan referring to Ecuador’s Yasuní-ITT initiative that was launched in 2007 by President Rafael Correa to save the Yasuní rainforest – one of the world’s most bio-diverse habitats and home to indigenous people.
All he asked for was a fair compensation by the rest of the world.
The proposal was simple: if industrialized countries would pay half of the revenue Ecuador would get for exploiting the oil under its rainforest, about $3.6 billion over 10 years, Ecuador could then invest solely in sustainable energy projects and the Yasuní rainforest would be left untouched.
Yasuni – two seconds of life (trailer) from Christa Auderlitzky on Vimeo.
NI for more