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Members of the media inspect measures taken at the ITT, or block 43, oil block by Petroamazonas to minimize impact on the environment during oil production in Tiputini, Ecuador, Sept. 7, 2016. Source: VOA
  • Ecuador began drilling for oil Wednesday near an Amazon nature reserve known as Yasuni
  • Around half of Ecuador’s income comes from oil, according to the World Bank.
  • Correa’s government blamed the international community for the failure of a plan once seen as a possible model for other developing countries seeking to resist the lure of oil money

Ecuador began drilling for oil Wednesday near an Amazon nature reserve known as Yasuni, a site that President Rafael Correa had previously sought to protect from development and pollution under a pioneering conservation plan.

Correa in 2007 asked wealthy countries to donate $3.6 billion to offset revenue lost by not drilling in the Yasuni National Park. But the initiative was scrapped in 2013 after it brought in less than 4 percent of the amount requested.

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