When large re­serves of oil – nearly one bil­lion bar­rels – were found un­der Ya­suni Na­tional Park, one of the world’s most bio­di­verse ar­eas,

Element - - Global Bulletin -

Ecuador of­fered the world a choice: give us money and we will not al­low drilling. Now $60m must be found by De­cem­ber. So far, Chile and Peru have each do­nated sym­bolic amounts, Spain has given EUR1m and Italy has waived EUR35m in debt re­lief. Around $40m has been raised.

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