economic studies that were done for the Yasuni National Park, and also read following readings. Then write your comments and insights for the questions from 1 to 3

Ecuadorian Yasuni National Park

READING TASKS:
Read the attached PDF ‘Uploaded 2-Yasuni Slides’ about the economic studies that were done for the Yasuni National Park, and also read following readings. Then write your comments and insights for the questions from 1 to 3.
 Article: Watts, J. (2013). Ecuador approves Yasuni national park oil drilling in Amazon rainforest. The Guardian, 16 August.
 Video: Democracy Now (2009). “Keep the Oil in the Soil”: Ecuador Seeks Money to Keep Untapped Oil Resources Underground. Youtube, 11 December.
 Video: The Guardian (2012). Yasuni national park: ‘We want to give it as a gift for humanity’, Youtube, 4 September.

Questions:
1. How effective are economic instruments in the fight to protect biodiversity?
2. What were the range of economic instruments proposed in the case of Yasuni?
3. Why did the Solidarity Fund fail and would other economic instruments have succeeded?

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