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Ecuador Political News

UK Telegraph – Ecuador’s ‘Amazon bonds’: how to raise $3.6bn for doing nothing

More coverage of the Yasuni National Park agreement:

The unusual deal is part of a new United Nations initiative to persuade energy-rich countries not to drill for oil and gas in environmentally sensitive areas. Ecuador has therefore agreed not to touch three oil fields in the Yasuni region of the Amazon for the next ten years, if rich countries buy enough ‘Amazon bonds’.

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