Reuters: About a dozen companies are contributing to a novel conservation plan that pays Ecuador to protect part of the Amazon rainforest in return for barring oil drilling, the head of the initiative said on Friday. Ivonne Baki said the scheme to conserve the Yasuni area of the Amazon basin, launched by leftist president Rafael Correa in 2010, has so far raised about $200 million, mostly from foreign governments. "When I started last year it was only governments," she told Reuters by telephone from...
URL: http://www.reuters.com/article/2012/10/19/us-climate-ecuador-idUSBRE89I0YG20121019?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29
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