September 04, 2013
Terra-i, a collaboration between the International Center for Tropical Agriculture (CIAT) in Colombia, The Nature Conservancy (TNC), the School of Business and Engineering (HEIG-VD) in Switzerland and King’s College London (KCL), uses NASA satellite data to detect deforestation in Latin America on 16-day basis. The system shows that between Jan 1 and Mar 7 this year, some 9,075 ha of Ecuador's forests were cleared. By comparison, 2,931 ha of forest were chopped down during the year-earlier period.
Between January and March 2013, two-thirds of the loss occurred within the country's tropical lowland forests, the most carbon-dense and species-rich ecosystem in the country. Nearly 5,000 hectares of forest was cleared in the region where Yasuni National Park is located.
Yasuni was the centerpiece of an ambitious — and controversial — project presented by Correa to the U.N. in 2007. The plan called for a ban on oil extraction in the park in exchange for payments to leave the crude in the ground. Correa had sought $3.6 billion in contributions — equivalent to roughly half the value of the 846 million barrels of oil estimated to lie under the rainforest reserve — but managed to raise only $13 million in deposits (some $330 million was pledged). Contributions came mostly from private donors and the U.N.
The failure to attract intergovernmental institutions and governments was effectively a nail in the coffin for the concept, which banked on the desire of Western governments to keep 407 million metric tons of carbon dioxide out of the atmosphere while protecting an area of forest that scientists say may be the richest in the Amazon. The biggest setback came in June 2011 when Germany pulled out of a $50 million commitment to the program. Since then, progress on the initiative has largely stalled. Chief stumbling blocks were concerns over how Ecuador would use the funds generated under the initiative, risk of political instability, and whether Correa would abide by his promises.
According to U.N. data, Ecuador had one of the highest rates of deforestation in South America during the 2000's, losing 1.8 percent of its forest cover annually.
|AUTHOR: Rhett Butler founded Mongabay in 1999. He currently serves as president, head writer, and chief editor.|
Yasuni could still be spared oil drilling
(08/26/2013) When Ecuadorean President, Rafael Correa, announced on August 15th that he was abandoning an innovative program to spare three blocs of Yasuni National Park from oil drilling, it seemed like the world had tossed away its most biodiverse ecosystem. However, environmental groups and activists quickly responded that there may be another way to keep oil companies out of Yasuni's Ishpingo-Tambococha-Tiputini (ITT) blocs: a national referendum.
Unique program to leave oil beneath Amazonian paradise raises $300 million
(11/26/2012) The Yasuni-ITT Initiative has been called many things: controversial, ecological blackmail, revolutionary, pioneering, and the best chance to keep oil companies out of Ecuador's Yasuni National Park. But now, after a number of ups and downs, the program is beginning to make good: the Yasuni-ITT Initiative has raised $300 million, according to the Guardian, or 8 percent of the total amount needed to fully fund the idea.
Yasuni ITT: the virtues and vices of environmental innovation
(12/07/2011) As the 17th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) is taking place in Durban, Ecuador has embarked on the development of a project presented as highly innovative. This project targets Yasuni National Park, which has been protected since 1979. Yasuni is home to several indigenous peoples and is a biodiversity hotspot. But it so happens that the park also sits atop a vast oil field of 846 million barrels, representing about 20 percent of the country’s oil reserves. The acronym Yasuni ITT stands for Ishpingo-Tambococha-Tiputinin, which are the names of three potential zones for oil extraction.