The Yasuní-ITT Failure

The Yasuní-ITT Initative was a project I have felt deeply connected with. I wrote my quite successful master’s thesis about this Ecuadorian rainforest. I still find the underlying idea of integrating environmental protection, (implicit) biodiversity valuation, development aid and support of indigenous poples great. Alas, the international community wasn’t convinced, obviously. Ecuador’s unique biodiversity hotspot and home to still uncontacted indigenous tribes has lost another battle against disinterest, parochialism, the economic crises of the present and short-sightedness on the side of developed-world decision makers (particularly the German minister for development cooperation, Dirk Niebel). Continue reading