Ecuador's Yasuní-ITT: rethinking the conservation vs. extraction dilemma

Ecuador's Yasuní-ITT: rethinking the conservation vs. extraction dilemma

Ecuador’s innovative proposal for not developing its Yasuní-Ishpingo Tambococha Tiputini (Yasuní-ITT) oil fields presents an alternative strategy for resolving the conservation versus extractive industry development dilemma. In the spirit of co-responsibility, Ecuador asked the rest of the world to contribute up to 50% of the income it would forgo by choosing conservation. This case study describes this innovative proposal and its relevance to current extractive industries and land use concerns, and finally, discusses some interesting questions for debate that the case raises.

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