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The people of Ecuador just made climate justice history. The world can follow

By illuminem briefings 🌎

Sep 04 2023 · 1 min read

Illuminem Voices
ESG · Ethical Governance

illuminem summarizes for you the essential news of the day. Read the full piece on The Guardian enjoy below

🗞️ Driving the news: Voters in Ecuador recently approved a complete ban on oil drilling in Yasuní national park, a crucial biodiversity hotspot spanning 2.5 million acres in the Amazon
• The area houses two non-contacted Indigenous groups and boasts a UNESCO biosphere reserve designation

🔭 The context: This unprecedented decision, originating from a grassroots movement spanning two decades, marks a notable deviation from corporate and government control
• Petroecuador, Ecuador's state oil company, which produced approximately 60,000 barrels daily within Yasuní, must now halt its operations

🌎 Why does it matter for the planet: This bold democratic move could serve as a global blueprint in using democratic processes to address climate issues, promoting the cessation of fossil fuel usage for a sustainable future

⏭️ What's next: The success in Ecuador underlines the importance of preserving democracy worldwide
• However, challenges remain, as evidenced by the efforts in the US and other nations to suppress democratic rights, particularly with regards to environmental protests

💬 One quote: "What the referendum in Ecuador teaches us is that democratic processes when coupled with strong grassroots organizing can produce startlingly effective results." (Steven Robert Donziger, American attorney)

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