Wednesday, August 04, 2010

Ecuador's 'Amazon bonds': how to raise $3.6bn for doing nothing - Telegraph
Ecuador is seeking $3.6bn (£2.2bn) from rich countries - in return for doing nothing for a decade.
...
The unusual deal is part of a new United Nations initiative to persuade energy-rich countries not to drill for oil and gas in environmentally sensitive areas.

Ecuador is now expected to send delegations to potential donors, including Middle Eastern nations, to increase its capital.

Previous plans to drum up money for an Amazon fund have ended in failure.
I'm decided to offer a one-day-only sale on the same product for only $2.7 billion--you can save 25%!

No comments: