The Curse of Abundance

Ecuador, a South American oil rich country, launched a daring initiative to leave some of its Amazonian oil reserves in the ground in exchange for financial compensation from the international community. It was a revolutionary idea to save one of the Earth’s most vital ecosystems and two uncontacted indigenous tribes. The proposal centred on the Yasuni National Park which contains a third of Ecuador’s oil reserves. It was a revolutionary idea to address climate change, but it turned out to be ahead of its time and struggled to take off.Ecuador, a South American oil rich country, launched a daring initiative to leave some of its Amazonian oil reserves in the ground in exchange for financial compensation from the international community. It was a revolutionary... Read more