Yasuni Ishpingo-Tambococha-Tiputini Project
Project/Juridiction proponent
Name | Website | Location of headquarters | Organization type |
---|---|---|---|
Government of Ecuador | ND | Ecuador | Public |
Project/Juridiction Partners
Name | Website | Location of headquarters | Organization type |
---|---|---|---|
United Nations Development Fund | ND | Ecuador | Public |
Project characteristics
- ID-RECCO ID145
- Project status 2022Ended
- Project nameYasuni Ishpingo-Tambococha-Tiputini Project
- Secondary nameYasuní-ITT Initiative
- CountryEcuador
- Last IDRECCO update year2018
- Size (in hectare)ND
- Start yearND
- End yearND
- DurationND
- Project descriptionThe Yasuní-ITT Project is heralded as an innovative way to preserve Amazonian forests and mitigate climate change. The Ecuadorian government has proposed to keep the 846 million barrels of oil reserves located in the Ishpingo-Tambococha-Tiputini (ITT) sector of the YNP underground indefinitely, the equivalent of 20% of the country’s oil reserves. In exchange, the Ecuador government proposed that the international community make a financial contribution equivalent to half of the profits that would be generated if the country did indeed exploit these oil reserves. In August 2013 the president of Ecuador announced the cancellation of the project due to insufficient financial contributions from the international community.
- Objective 1biodiversity conservation
- Objective 2climate
- Objective 3Protection of Indigenous Peoples
- Deforestation driversoil extraction
- Type of forestND
- Project activityREDD|other
- Project TypeREDD
- Details for Afforestation/Reforestation activityNA
- Multiple locations?No
- Jurisdiction level 1Provinces : Napo and Pastaza
- Jurisdiction level 2Multiple jurisdictions
Carbon accounting
- Crediting periodND
- Period to calculate annual carbon credits
- Annual carbon credits
- Total carbon creditsND
- Leakage is expected?ND
- Carbon pools includedND
- Gasses includedND
- Reference period start yearND
- Reference period end yearND
- Carbon standard 1none
Carbon certification
- Carbon standard 1 ProgressND
- Carbon standard 1 Publication dateND
- Carbon standard 1 WeblinksND
- Carbon standard 1 Expiry dateND
- Carbon standard 2none
- Carbon standard 2 ProgressND
- Carbon standard 2 Publication dateND
- Carbon standard 2 WeblinksND
- Carbon standard 2 Expiry dateND
- Carbon standard 3none
- Carbon standard 3 ProgressND
- Carbon standard 3 Publication dateND
- Carbon standard 3 WeblinksND
- Carbon standard 3 Expiry dateND
- Source of informationhttp://theredddesk.org/countries/initiatives/yasuni-ishpingo-tambococha-tiputini-project; http://www.redd-monitor.org/2013/08/22/ecuador-plansto-drill-for-oil-in-the-yasuni-national-park/; http://en.wikipedia.org/wiki/Yasun%C3%AD-ITT_Initiative
Community level intervention
- Any monetary benefits?ND
- Monetary benefit typeND
- Monetary benefit detailND
- Provides employment?ND
- Are there non-cash benefits?ND
- Economic activities - typeND
- Is there tenure clarification?ND
- Is there environmental education?ND
- Is there forest access restriction or control/monitoring of deforestation?ND
- Is there forest enhancement?ND
- Is there community infrastracture improvement?ND
- Is there other community benefits?ND