This story got buried among all my browser tabs. Johann Hari of the Independent wrote about a proposal to save a chunk of the Ecuadoran rain forest. The intriguing twist about the Ecuadoran situation is, the area to be preserved sits on top of 20% of the country's proven oil reserves.
More information is available in a Washington Post piece from 2009.
The conservation effort would be small relative to Brazil's enthusiastic deforestation efforts, but carrying it out would be better than not. Unfortunately, Ecuador's president is under intense pressure to let oil companies open the area up.
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