l would llke Lo express Lo all of you our greeLlngs of solldarlLy from Lhe people of Lcuador

Lcuador ls a counLry lnLensely lnvolved wlLh Lhe resL of Lhe world and serlous world problems
are also our concern under Lhe prlnclples enshrlned ln Lhe ConsLlLuLlon of Lhe 8epubllc Lhe
acLlons of Lhe naLlonal CovernmenL are gulded by envlronmenLal concerns and Lhe ways Lo
promoLe Lhe susLalnablllLy of Lhe laneL based on responslble lnLernaLlonal relaLlons lnsplred by
Lhe prlnclples of solldarlLy
WlLh Lhese premlses l am pleased Lo presenL an lnnovaLlve emblemaLlc and breakLhrough
pro[ecL whlch represenLs Lcuadors proposal Lo Lhe world ln vlew of Lhe serlous problem of
cllmaLe change noL only as a conLrlbuLlon Lo lLs mlLlgaLlon buL also for lLs prevenLlon
1
@he ?asunl naLlonal ark has been consldered as one of Lhe mosL blo dlverse places ln Lhe world
lL was creaLed ln 1979 and declared by unLSCC as a World 8losphere 8eserve ln 1989 lL exLends
over 982000 ha ln Lhe upper napo basln ln Lhe wesLern Amazon reglon lLs sLraLeglc locaLlon
near Lhe equaLor and Lhe Andes glves Lhe Amazon unlque cllmaLe condlLlons wlLh unlform and
hlgh LemperaLures and relaLlve humldlLy
SclenLlsLs agree on Lhe unlque value of Lhe ark Lhanks Lo lLs exLraordlnary blodlverslLy
conservaLlon sLaLus and culLural herlLage WlLh 2274 Lree and bush specles Lhe ark boasLs
more Lhan 633 specles ln only one hecLare more Lhan all naLlve Lree specles ln Lhe unlLed SLaLes
and Canada comblned More Lhan 393 specles of blrds have been reporLed whlch makes lL ln
one of Lhe mosL blo dlverse places ln Lhe world @here are also 80 baL specles 130 amphlblan
specles and 121 repLlle specles as well as more Lhan 4000 vascular planL specles @he number
of lnsecLs esLlmaLed ln more Lhan 100000 specles per hecLare ls Lhe blggesL ln Lhe world
@hese specles are hlghly endemlc
(*) Source of lnformaLlon SclenLlsLs Concerned for ?asunl naLlonal ark leLLer Lo Lhe resldenL of
Lcuador november 23 2004 8ass M llner M !enklns C eL al (2009) Clobal ConservaLlon Slgnlflcance
of Lcuador's ?asunl naLlonal ark SubmlLLed Lo LoS CnL Porn Carlna (2006) @he 8lrLh of Lhe MlghLy
Amazon" en SclenLlflc Amerlcan May p 4043
3
Several lndlgenous groups llve lnslde Lhe ?asunl ark Lhe klchwa or naporuna Waoranl @agaerl
and @aromenane Members of Lhe Waoranl naLlonallLy have been llvlng ln Lhe Lcuadorlan and
eruvlan Amazon reglon slnce anclenL Llmes and Lhey occupy mosL of Lhe ?asunl naLlonal ark
Some naLlve groups llke Lhe @agaerl and @aromenane have chosen Lo llve ln lsolaLlon @hey llve
ln Lhe mlddle and lower parLs of Lhe 8losphere 8eserve and ln Lhe lnLanglble Zone souLh of
Waoranl LerrlLory and Lhe ?asunl ark @he @agaerl and @aromenane llve accordlng Lo Lhelr
culLure ln Lhelr LradlLlonal LerrlLorles buL ln a slLuaLlon of exLreme fraglllLy due Lo Lhelr
vulnerablllLy defencelessness and asymmeLry glven Lhe encroachmenL of wesLern culLure
whlch LranslaLes lnLo colonlzaLlon of Lhelr LerrlLorles evangellzaLlon lllegal wood Lrade
exLracLlon of nonrenewable naLural resources and oLher legal acLlvlLles such as Lourlsm and
sclenLlflc research
WlLh our new ConsLlLuLlon Lhe SLaLe of Lcuador guaranLees Lhe rlghLs of lndlgenous peoples
especlally Lhe rlghL Lo malnLaln develop and sLrengLhen Lhelr ldenLlLy and LradlLlons Lo noL
belng dlsplaced from Lhelr lands Lo Lhelr ecosysLems knowledge and pracLlce of LradlLlonal
medlclne Lo proLecL Lhelr rlLual and sacred places planLs anlmals mlnerals and ecosysLems of
vlLal lnLeresL (1)
(1) CovernmenL of Lcuador 2007 naLlonal ollcy for eoples llvlng ln volunLary lsolaLlon
3
Accordlng Lo recenL esLlmaLes (1) Lhe oll poLenLlal of Lhe l@@ block LoLals 846 mllllon recoverable
barrels of heavy 147H Al crude Cll explolLaLlon ln Lhls fleld would mean produclng
approxlmaLely 107000 barrels per day over 13 years AfLerwards Lhe wells would enLer a phase
of decllne for 12 addlLlonal years AlLhough proven reserves ln Lhe l@@ fleld LoLal 944 mllllon
barrels Lhere are posslble addlLlonal reserves LoLalllng 133 bllllon barrels of uncerLaln value
because 3u selsmlc prospecLlng has noL been carrled ouL
(1) 8elclplranlab (2004) updaLlng of l@@ SLudy upsLream Lconomlc LvaluaLlon llnal 8eporL
7
ln SepLember 2007 we submlLLed a courageous declslon Lo Lhe unlLed naLlons we would keep
Lhe crude of Lhe l@@ fleld lndeflnlLely underground provlded Lhe lnLernaLlonal communlLy
assumlng lLs quoLa of shared responslblllLy conLrlbuLes wlLh aL leasL half of Lhe revenues Lhe
SLaLe would recelve lf lL were Lo explolL LhaL crude
@he lnlLlaLlve proposes our commlLmenL of forgolng 846 mllllon barrels of proven reserves of
heavy crude oll hence prevenLlng 407 mllllon meLrlc Lones of CC2 emlsslons orlglnaLed from
fossll fuel combusLlon
revenLed CC emlsslons from Lhe l@@ are huge Lhey exceed Lhe annual emlsslons of 8razll (332
mllllon M@) and lrance (373 mllllon M@) and maLch Lhose of Lcuador (29 mllllon M@) over a 13
yearperlod @aklng as reference Lhe recenL raLe (May 23 2009) of Lmlsslon 8educLlon
CerLlflcaLes (L8Cs) ln Lhe Luropean markeL 1766 dollars per meLrlc Lonne Lhe economlc value
of emlsslons prevenLed by Lhe lnlLlaLlve would reach 719 bllllon dollars (1)
@he lnlLlaLlve aLLacks global warmlng by prevenLlng carbon reserves from polluLlng Lhe
aLmosphere lL also flghLs back loss blodlverslLy slnce lL guaranLees Lhe survlval of Lhe lasL naLlve
peoples Lhe @aromenane and Lhe @agaerl who llve ln volunLary lsolaLlon ln Lcuador
unu (2008) Puman uevelopmenL 8eporL hLLp//hdrundporg/en/reporLs/global/hdr2007
2008/
(1) lf prevenLed emlsslons over a 13year perlod are dlsLrlbuLed Lhelr neL presenL worLh reaches
309 bllllon dollars wlLh a soclal dlscounL raLe of 6 per annum
8
ln exchange for Lcuador's declslon Lo keep Lhe oll of Lhe ?asunll@@ fleld lndeflnlLely underground
lnLernaLlonal conLrlbuLlons would be used Lo seL up a caplLal fund admlnlsLered by an lnLernaLlonal LrusL
wlLh Lhe parLlclpaLlon of ma[or donors
@he caplLal of Lhe fund would be lnvesLed especlally ln preferred flxed lncome shares Lo expand Lhe
renewable generaLlon of energy ln Lcuador caplLallzlng on lLs huge hydroelecLrlc geoLhermal wlnd and
sun energy poLenLlal overcomlng dependence on fossll fuels whlch accounL for abouL 47 of Lhe currenL
generaLlon of energy @hls fund wlll allow Lhe SLaLe Lo earn lnLeresLs ln perpeLulLy
@he admlnlsLraLlon of Lhe lnLernaLlonal LrusL fund wlll be assumed by an lnLernaLlonal organlzaLlon llke
Lhe unlLed naLlons Lhrough one of lLs agencles Lhe unu for example
We expecL lnLernaLlonal conLrlbuLlons Lo Lhe fund Lo keep Lhe oll reserves of Lhe l@@ fleld underground
l@@ Lo come from
1CovernmenLs of frlendly counLrles and lnLernaLlonal mulLllaLeral bodles
2ConLrlbuLlons from aucLlons of emlsslon permlLs or carbon Laxes
3uebLfor conservaLlon swaps
4Speclflc pro[ecLs ln renewable energy sources prevenLed deforesLaLlon conservaLlon and soclal
developmenL
3ConLrlbuLlons from clvll socleLy organlzaLlons
6ConLrlbuLlons from soclally and envlronmenLally responslble prlvaLe secLor companles
7ConLrlbuLlons from clLlzens from all over Lhe planeL
Lcuador expecLs Lhe largesL conLrlbuLlons Lo come from lndusLrlallzed counLrles lncluded ln Annex l of
Lhe kyoLo roLocol 8y dlvldlng Lhe LoLal expecLed counLry conLrlbuLlon accordlng Lo Lhelr Cu and
conslderlng 13 years of conLrlbuLlons
9
?asunll@@ lnlLlaLlve opens a mechanlsm Lo prevenL greenhouse gases emlsslons wlLh Lhe
parLlclpaLlon of developlng counLrles keeplng fossll fuel reserves lndeflnlLely unexplolLed ln
areas of hlgh envlronmenLal and/or culLural fraglllLy @he lnlLlaLlve ls a repllcable proposal for
megadlverse counLrles whlch have fossll fuel reserves and hlgh culLural senslLlvlLles
llnally we should Lake lnLo accounL LhaL for a slngle counLry lsolaLed and wlLhouL Lhe
parLlclpaLlon of Lhe lnLernaLlonal communlLy and naLlonal pollLlcal deLermlnaLlon lL wlll be very
dlfflculL Lo malnLaln a model as Lhe one proposed ln Lhe ?asunll@@ lnlLlaLlve
Accordlngly we musL shlfL from a purely economlc vlslon Lo a mulLldlmenslonal vlslon Lo a
mulLlcrlLerla declslon where Lhe leglLlmaLe flnanclal needs of counLrles are counLerbalanced by
soclal pollLlcal culLural and lnLernaLlonal reasons whlch can deLermlne alLernaLlve paLhs for
conservaLlon
under Lhe prlnclple of common buL dlfferenLlaLed responslblllLles developed by Lhe unlLed
naLlons lramework ConvenLlon on CllmaLe Change Lcuador proposes Lo Lhe reglon and Lhe
world a new model of conservaLlon and susLalnable use of Lhe naLural and caplLal resources
based on Lhe concepL of lnLernaLlonal shared responslblllLy
@hank you
16