Photo borrowed from Galapagos Wind
TreeHugger reports that Ecuador is partnering with the UN Development Programme (UNDP) to celebrate the 500th anniversary of its discovery by becoming completely oil-free! Interestingly, the country was recently registered as a Clean Development Mechanism (CDM) under the Kyoto Protocol. This means that countries seeking to offset their CO2 emissions to meet their Kyoto obligations will be able to invest in carbon reduction and fixation infrastructure in Ecuador to do so. I definitely need to look into the CDM listing more as this would be a great way for many small struggling countries to attract international investment.
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