Ecuador: President declares the end of the Yasuní ITT Initiative for a lack of international contributions

Friday 16 August 2013

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Authorship: Agencia Pública de Noticias del Ecuador y Suramérica (ANDES).

Editorial and Canal: Asociación Latinoamericana de Educación Radiofónica (ALER).

Type of document: News.

Language: Spanish.

Subject: Middle East.

Keywords: Climate change, international community, co-responsibility, Yasuní ITT Initiative, youth and poverty.

Countries and Regions: Ecuador.

The Ecuadorian president, Rafael Correa, informed through the national network, that he has issued the order to close the Yasuní ITT Initiative, which intended to leave underground 920 millions of oil barrels, due to the lack of co-responsibility from the international community, a precondition the country made for the rest of the countries in the planet. "Regretfully, we have tos ay that the world has failed on us. Up to now there is only US$ 13, 3 million dollars in available funds deposited in the trusteeship Yasuní-ITT, this barely represents 0, 37% of what we had expected. There are non- direct linked commitments to the Initiative for another US$ 116 million dollars” he said.

Correa, who considered this step as one of the most difficult ones ever taken during his Socialist administration, devoted his speech to the youth, especially when he mentioned the fact that he has received in recent days a lot of messages through his Twitter account from young ecologists, who have organized sit-ins across Carondelet in support to the dead initiative.

Correa said he felt proud for this youth, growing with ecologist awareness, to a large extent due to the actions undertaken by the Civic Revolution, he added. He criticized world powers who are also the main polluters of the planet, for not supporting what was demanded from their co-responsibility. Ecuador proposed to leave on the ground the oil in the Yasuní , which will avoid the emission of 400 million tons of CO2.

"It is as simple as hard, dear youth; the polluting countries are also the strongest and richest, and if the environmental goods, generated by others are of free Access, why should they pay anything at all? ".

Correa started talking at 20:00 hours local time (01:00 GMT)and offered figures showing that until that moment there have been deposits on the trusteeship account Yasuní ITT, for a total of US$ 13,3 million dollars, representing 0,37% of the expected amount. He added that the resources coming from the oil fields in Tiputini and Tambococha will be aimed at eradicating poverty in a country that –according to his analysis- still maintains misery margins.

"We have grown used to suffering diseases such as dengue, cholera, gastroenteritis, which are pathologies of misery, since they should not exist if there were proper sanitary services – fresh water, sewerage, sanitary fillings- of which, although we are in the XXI Century only half of the Ecuadorian society has access ".

He said that the failure of the Yasuní Initiative was due, in part, to mistakes made, which he justified for the fact that this project had an innovating nature, but he stressed that these mistakes were not decisive in the failure; he also took into consideration the bad luck, since the initiative was running parallel to the international economic crisis affecting countries from the First World.

"We were not asking for charity, we were demanding to show co-responsibility in the struggle against the climate change (...) the proposal intended to create an awareness all over the world and to generate a new reality: to descend from rhetoric to facts, demanding co-responsibility from the international community in the struggle against global warming ", he added.

"I am of the opinion that the initiative was ahead of its times and it was or perhaps was not understood by those responsible of the climate change (...) But let anyone be fooled, the fundamental factor for the failure is that the world is a huge hypocrisy and prevailing logic is not that of justice but rather it is the logic of power ", sentenced the dignitary.

At the same time, he requested from the Legislative Assembly in the country, to declare as national interest the use of the hydrocarbon resources in the area and he announced that in the next coming weeks operations in the field of Tiputini, having 80% outside the Yasuní.

See online : Ecuador: President declares the end of the Yasuní ITT Initiative for a lack of international contributions

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