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The world has failed us: Ecuador ditches plan to save Amazon from oil drilling

2013-08-17 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Independent: A ground-breaking scheme that would have preserved swathes of Ecuadors Amazon Rainforest has been abandoned after raising just $13m (8.3m) of the $3.6bn it needed to operate. In a development that human rights and environmental campaigners described as a huge missed opportunity, President Rafael Correa has lifted a moratorium on drilling for oil in the remote Yasuni national park, which he had imposed in return for $3.6bn of compensation payments from wealthy governments. However, three...

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