Ecuador: Correa’s Failure with Yasuní-ITT

Rafael Correa must back this key initiative instead of blaming the rest of the world for his decision to drill for oil in the Amazon. Ecuador has had the opportunity to bring about environmental change, but this has been thwarted. In mid-August, a plan to leave oil in the ground in one part of the Ecuadorian Amazon rainforest was dismissed by President Rafael Correa. He argued that the world has failed Ecuador by contributing little of the money the government had hoped to raise, and said the oil revenues would be used to end poverty. Read Article
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