by Matthieu Le Quang
The Yasuní-ITT (Ishpingo-Tambococha-Tiputini) Initiative consisted of leaving the oil underground in a part of Yasuní National Park in the Ecuadorean Amazon, one of the most biodiverse regions in the world. The financial compensation was to be invested in renewable energy, protection of biodiversity, and conservation of 44 protected areas. This initiative proposed a change of imaginaries. One of its most important contributions was questioning the fundamental role of oil in our capitalist and productivist society. With this project, which was linked to the National Plan for Living Well, Ecuador was moving toward a post-petroleum-based society and the pursuit of better living standards through bio-knowledge.
