Ecuadorian rainforest saved!
2012-Jan-9 :: (0 comments)
An alliance of European local authorities, national governments, US film stars, Japanese shops, soft drink companies and Russian foundations have stepped in to prevent oil companies exploiting 900m barrels of crude oil from one of the world's most biologically rich tracts of land.
Ecuador agreed to halt plans to mine the oilfield if it could raise 50% of the $7.6bn revenue being lost by not mining the oil. While the world's leading conservation groups pledged nothing, regional governments in France and Belgium offered millions of dollars – with $2m alone from the Belgian region of Wallonia. A New York investment banker donated her annual salary and Bo Derek, Leonardo DiCaprio, Edward Norton and Al Gore all contributed.
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