Scientists and academics from various countries will discuss a roadmap to achieve the “decarbonization” of the Galapagos Islands and achieve the goal of the energy transition in harmony with the development of the local population and tourism, its main economic activity. The “Sustainable and Inclusive Decarbonization Summit of the Galapagos Islands” will gather from Monday […]
Tag: Ecuador
The European Union develops the I Investment Forum in Ecuador
Representatives from the public and private sectors and from international cooperation explored the various investment perspectives and their impact on Ecuador during the I Investment Forum of the European Union (EU) in the Andean country, which is part of the Global Gateway strategy. During the welcome to the Forum held in Quito, the Minister of […]
The oil future of Ecuador, at stake with an unprecedented national consultation on the Yasuní
Ecuador faces a crucial moment for the future of its Petroleumone of the great pillars of his economy, that is at stake with the unprecedented national referendum to prohibit the exploitation of Block 43-ITT, Deposit located under the Amazon jungle of the National Park Yasunione of the world epicenters of biodiversity. Of the around 480,000 […]
The “Mountain of Light”, a “living laboratory” of some 30,000 plants in Ecuador
What one day was wild mountainfull of undergrowth and bushes, has been transformed into a “living laboratory” with about 30,000 floors planted with different species and varieties on about 40 hectares in the Pablo Arenas parish, in the Ecuadorian province of Imbabura. Known once as the hill of “San Juan”this elevation of 2,240 meters of […]
Ecuador achieves historic debt swap for conservation of the Galapagos Islands, what is it about?
Ecuador has taken an unprecedented step in Financial Diplomacy for the Conservation of its biodiversity, it has done so by executing the largest transaction in the history of mankind: the debt-for-conservation swap, specifically for the Galapagos Islands. Ecuador exchanged approximately US$1.63 billion of existing debt for a new loan of US$656 million. This loan is […]
Ecuador: Constitutional Court gives way to tax reform but refuses to create free zones
The Constitutional Court of Ecuador approved on Friday a bill with a substantial tax reform and denied another that proposed the creation of free zones as poles of economic development in the country. Both were sent by the president William Lassowhich governs from the dissolution of the National Assembly with the counterweight of the highest […]
Government of Ecuador denies having ceded sovereignty of the Galapagos Islands with a debt swap
The government of Ecuador denied this Saturday that the recent exchange of debt made to allocate money to the conservation of Galapagos Islands implies a loss of sovereignty over the Ecuadorian archipelago, through the creation of the escrow Galapagos Life Fund (GLF). In response to a journalistic publication that indicated a possible loss of sovereignty […]
Chelsea sign Kendry Páez, a 16-year-old Ecuadorian prospect who made his debut against Corinthians
Through an official note, Chelsea announced this Monday that it has reached an agreement to sign Kendry Páez, from Independiente del Valle. The 16-year-old prospect will move to English football in 2025 when he comes of age. “Péez turned heads by scoring on his debut for the club this year, becoming the youngest ever debutant […]
The company Rainforest Ecuador rejects the accusations of dispossession of land from peasants
The company Rainforest Environmental Services Ecuador (RFEE) rejected the accusations of an alleged threat of dispossession of land to farmers of the communes of Selva Alegre and Quichinche, located respectively in the municipalities of Otavalo, province of Imbabura; and San José de Minas, province of Pichincha. Last Saturday, based on a statement from the VILLAGE […]
Ecuador: Lasso announces that he will not stand for re-election
The president of Ecuador, the conservative William Lassoannounced this Friday that he will not stand for re-election in the extraordinary general elections, whose first round will be held on August 20. In a statement from the Carondelet Palace, seat of the Presidency, Lasso stated that he will not be the presidential candidate of the CREO […]