International imbalance between environmental governance and trade and finance programs, e.
The proposed behind-the-scenes deal, which traded drilling access in exchange for Chinese lending for Ecuadorian government projects, will dismay green and human rights groups who had praised Ecuador for its pioneering Yasuni-ITT Initiative to protect the forest.
Under the heading Results of the 1st Negotiating Round: Preliminary agreements, which took place between Mayit states: The objective of the Chinese negotiators was in part to "guarantee the supply of crude oil for PetroChina in the medium term", while the Ecuadorian government wanted to "obtain access to a favourable line of credit to finance priority projects," the document says.
Correa himself has also been heavily criticised and accused of failing to convince potential donors he was serious about the initiative — Yasuni essay given his refusal to abandon a "plan B" to exploit ITT and the fact that operations were permitted in Block 31 where deposits are so small that many see it as the first phase of an eventual move into ITT.
Last October it was agreed that donors to the UNDP trust could choose between having their donations returned or reinvested in other projects in Ecuador.
Ecuadorians who continue to support the Yasuni-ITT Initiative are aiming to force a referendum and must collectsignatures by 12 April — a move countered by the government, that wants its own referendum in favour of oil operations.
Yasuni was never up for negotiation. Your claim is totally baseless and was made without any credible evidence. The "government document" that you cite as proof for this claim is fraudulent. It was with a heavy heart that Ecuador last year cancelled the Yasuni Initiative launched ina ground-breaking idea based on sharing responsibilities in the important battle against climate change.
Under it, Ecuador would have forgone half of the oil revenues that it would have received for exploiting oil in this area of the Amazon if, as compensation, it received the other half through international donations placed in a UN administered trust.
As I wrote in The Guardian at the time: Tragically, it was the fundamental reason it did not. Despite strenuous efforts by the Ecuadorian government, including establishing a secretary of state devoted to this scheme, the financial backing fell way short… In fact, just 0.
This made the scheme unworkable. More widely, it is designed to portray the Ecuadorean government as duplicitous. You allege as evidence for your claim a so-called "Last minute clause" in a document stating "the Ecuadorian party has said it will do all it can to help Petrochina and Andes Petroleum explore ITT and Block 31 [the Yasuni area]".
But Ecuador never agreed to such a clause. This was an idea proposed by the Chinese party during discussions on a development loan totally unrelated to Yasuni. Ecuador immediately rejected that idea.
To emphasise this, Ecuador even included a reference to this unacceptable clause in documents with the words that you quote crossed out. In fact, it was over this difference that the talks, at that time, ended.
Such distortions about Ecuador are increasingly stemming from powerful opponents — as we believe has this document — at home and abroad.Join/Renew - Choose your level of membership or give a gift of NESA membership to celebrate a special Eagle Scout in your life. Membership offers many benefits such as access to Scouting publications, invitations to networking opportunities, and discounts to major retailers.
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Membership offers many benefits such as access to Scouting publications, invitations to networking opportunities, and discounts to major retailers. Negotiations took place while the country sought funds to forgo oil exploitation in pristine forest under the Yasuni-ITT scheme pledging to protect Yasuni, papers .
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