Plan in Ecuador to reduce climate change emissions runs into politics, oil development

Wed, 03/03/2010 - 13:02
  • Length: 5:43 minutes (5.24 MB)
  • Format: MP3 Mono 44kHz 128Kbps (CBR)

During the Copenhagen talks on climate change, Ecuador announced a bold proposal. The South American country said it would keep oil underground the Yasuni National Park, one of the most bio-diverse regions in the world, in exchange for funds from richer countries. At the time the plan was praised as an innovative way for poorer nations to stay competitive and help confront climate change.

But the initiative came under threat in January when President Rafael Correa announced that oil exploration could begin as early as June. The statement led his Foreign Minister to resign. Correa has since backtracked on his comments but many are concerned oil interests in the region are too strong. And that international pressure is necessary to save an environmental initiative, which could well become a model to tackle climate change. FSRN's Sofia Jarrin reports.

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