Connect with us

Hi, what are you looking for?

Ecuador Political News

Destroying the Amazon is bad for business- Latin America Reports

For leaders of countries with Amazonian territory, economic development and environmental preservation are eternally at odds with each other. Former president of Ecuador, Rafael Correa, famously said, “We can’t be beggars sitting on a mine of gold,” referring to the untapped resources in the Amazon. But what if the environmental costs don’t outweigh the profit?

study by Claudia Azevedo-Ramos, former Director of the Brazilian Forest Service explains that attempts to profit from the Amazon do not bring true development, employment, better income distribution or environmental benefits to locals. In fact, these Amazonian regions often have much higher percentages of citizens living below the poverty line.

“The Amazon regions in Ecuador that extracted petroleum over 50 years ago were the regions that had the highest levels of poverty in the country,” Jorge Acero, a lawyer for NGO Amazon Frontlines told Latin America Reports. “Today, these regions are still the poorest in the country. [Exploiting the Amazon] doesn’t create a real benefit for the people – or the state.” 

To read the full story on Latin America Reports, click here.

Archives

TRENDING

Falsified reporting of technical findings facilitated #Ecuador #fraud against Chevron, scientist for the #Ecuadorian plaintiffs testified: https://t.co/ynD1D00eXt https://t.co/4ETiia3BC0 AmazonPost photo
Members of indigenous communities in the Amazon in Ecuador would like to know: What happened to the more than $20M reportedly raised on their behalf by now-disbarred NY lawyer Steven Donziger? #FollowtheMoney
https://t.co/z9Zcht7zgh
#Factsmatter: An international arbitration panel found ‘no cogent evidence’ supporting #Ecuador’s claim that #Texaco failed to comply with terms of remediation in #Amazon. https://t.co/7TqQ6sJhik
The @WSJ sums this case up nicely, “[Steven Donziger] and his team fabricated evidence, promised $500,000 to an #Ecuadorean judge to rule in their favor, ghostwrote much of the final verdict and took other actions that ‘perverted’ the course of #justice. Mr. Donziger disputes the… https://t.co/soQ1qreULA
Shameless. Disbarred and convicted of criminal contempt of court for bribing an Ecuadorian judge in an attempted extortion scheme, @SDonziger is nonetheless accepting invitations to speak at #climate rallies. Read more about this adjudicated racketeer: https://t.co/5eac0lRmN7

You May Also Like

Chevron Ecuador Blog Posts

1. Steven Donziger Is an Adjudicated Racketeer. The U.S. District...

News & Updates

Disbarred lawyer Steven Donziger likes to present himself to the...

News & Updates

Steven Donziger is the best example of how a handful...

Chevron Ecuador Lawsuit News

A lawsuit against oil companies reflects progressive attempts to criminalize...