Ecuador’s Yasuni-itt initiative: a critical Assessment1

Contributions to the Yasuni Fund

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Contributions to the Yasuni Fund
The Fund is expected to reach at least 3.6 billion dollars, equivalent to half of the present value of oil revenues, in a 13 year period. Current contributions are voluntary, and they come from national governments, regions and cities, private corporations, NGOs, and individuals. Future funds may come from multilateral sources, based on a Post-Kyoto binding agreement on climate change, or biodiversity conservation resources. If the UNFCCC accepts the concept of avoided emissions from keeping unexploited fossil fuel reserves in sensitive areas on developing countries, financial recourses can be provided by multilateral institutions or new mitigation mechanisms.

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