World  |  Environment  |  Science & Technology  |  Health  |  Human Rights  |  Feel Good  |  Regions
Great News Network
Spread the word:

Ecuador pledges no oil drilling in Amazon reserve

August 03, 2010
"This is Ecuador's contribution towards combating climate change,"
- Ecuador's heritage minister, Maria Espinoza

Ecuador has agreed to refrain from drilling for oil in a pristine Amazon rainforest reserve in return for up to $3.6bn in payments from rich countries.

The money is about half of what Ecuador would make by selling the oil.

The Yasuni reserve is one of the most biodiverse regions on earth.

Measuring 10,000 square km, it supports a huge variety of wildlife, incuding uniques species of birds, moneys and amphibians.

The reserve is also home to indigenous tribes, who have welcomed the deal to protect their territory from oil development.

Continue reading on BBC article opens in new window 
[Broken link?]


Comment on this story

More Great News

 

Recommendations

About

The Great News Network is meant to supplement your daily news sources - not replace it. It's role is to show that there is hope, people are making a difference, and that a lot of things are getting better.

Optimism is a great catalyst for making the world a better place. When we can see there is hope, then we'll be more compelled to make the effort to do our part.

© 2003-2013 GNN