為了補償厄瓜多放棄開採「ITT」(Ishpingo, Tampococha, Tiputini)區域原油造成的損失，厄瓜多政府要求為期十年、每年3億5千美元的賠償金。
Ecuador's initiative to protect the climate and the rainforest of Yasuni National Park by leaving its largest oil reserve in the ground will be supported by a new multi-donor trust fund to offset lost oil revenue, Ecuadorian and United Nations officials announced last week in Copenhagen.
The Yasuni Trust Fund will be managed by the UN Development Programme. It will focus on reducing carbon dioxide emissions by permanently foregoing extraction of fossil fuels from the park; developing alternative energy; protecting indigenous groups; and reducing poverty and inequality through sustainable social development.
In exchange for keeping the crude oil in the ground in the Ishpingo, Tampococha, Tiputini (ITT) region, the Ecuadorian government has asked for compensation of $350 million a year for 10 years.
The Yasuni-ITT initiative was proposed in 2007 and has been met with widespread international interes.
The initiative aims to prevent the extraction of an estimated 850 million barrels of crude oil in the ground beneath the park. This would prevent the release of 407 million metric tonnes of carbon dioxide and would also protect the indigenous peoples and unique plants and animals that inhabit the park.
The park is designated as a UNESCO Biosphere Reserve and is home to indigenous peoples who live in voluntary isolation to protect their way of life.
Covering nearly 2.5 million acres of primary tropical rainforest at the intersection of the Andes, the Amazon and the equator, Yasuni National Park was created in 1979.
Described by scientists such as Dr. Jane Goodall and Dr. E.O. Wilson as one of the world's most biologically important tropical rainforests, Yasuni is critical habitat to 23 globally threatened mammal species, including the giant otter, the Amazonian manatee, the pink river the giant anteater, and the Amazonian tapir. Ten primate species live in the Yasuni, including the threatened white-bellied spider monkey, together with a wealth of unique birds.
As a result of its unique location, Yasuni contains what are thought to be the greatest variety of tree and insect species anywhere on the planet.
Oil extraction from Yasuni started several decades ago by Texaco, followed by many other foreign oil companies.
Andes Petroleum, a partnership between two Chinese state oil companies, conducted a seismic exploratory operation in Yasuni National Park in 2006 on the Tiputini River, one of the most intact parts of Yasuni, which is still filled with birds and wildlife.
Over the past five years, Brazil's state oil company Petrobras has been planning for development in Yasuni - first with roads into the rainforest and then, when that plan was turned down, with a oadless?plan to build oil production facilities.
The new initiative and trust fund may put an end to such destructive oil exploration and development operations.