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ECUADOR - Ecuador Signs Trust Agreement for Yusani-ITT
Ecuador Signs Trust Agreement for Yusani-ITT
On Tues., Ecuador signed a trust with the UNDP for international contributions for the Yasuni-ITT ecological project
Ecuador's government and the UN Development Programme (UNDP) signed on to a trust for collecting international contributions to go to the Yasuni-ITT ecological project, an initiative which seeks to keep from exploiting 20% of Ecuador's oil reserves located below Yasuni-ITT National Park in the Amazon. Ecuadoran authorities hope to receive foreign contributions from governments, multilateral organizations, private organizations and citizens.