Responses
Ecuador reports (E/C.19/2010/12/Add.11): With regard to recommendation 9 on the Yasuní-ITT initiative, the Government of the Republic of Ecuador, led by economist Rafael Correa Delgado, undertook to keep a significant proportion of its proven oil reserves, amounting to 850 million barrels of crude oil, in the ground. The initiative is expected to yield three very significant benefits: (a) protecting the home of indigenous peoples living in voluntary isolation, namely, the Tagaeri-Taromenane and indigenous Huaorani peoples who live in Yasuní National Park;
(b) preventing pollution by halting the emission of 410 million tons of carbon dioxide (CO2) into the atmosphere; and
(c) conserving biodiversity. In order to strengthen the national operational infrastructure needed to carry out the Yasuní-ITT initiative, a technical committee has been established, in addition to a political committee and a negotiation team chaired by the Minister of Coordination for National and Cultural Heritage, Maria Fernanda Espinosa.
Spain reports (E/C.19/2010/12/Add.9) it has pledged $4,000,000 through the UNDP-Spain Millennium Development Goals Achievement Fund for the Conservation and Sustainable Management of the Cultural and Natural Heritage of the Yasuní Biosphere Reserve. Of this amount, the sum of $200,000 is intended for the Yasuní-ITT initiative.