CNBC
Ecuador wants to monetize its biodiversity - while still drilling for oil
* Ecuador seeks to balance biodiversity protection with oil and mining via green finance.
* Plans include debt-for-nature swaps, green bonds, and biodiversity credits.
* New oil tenders and illegal mining pose ongoing environmental challenges.
Ecuador aims to protect its biodiverse ecosystems while extracting oil and minerals, sparking protests. It uses debt-for-nature swaps and plans green bonds to fund conservation. New oil exploration tenders face Indigenous opposition. Illegal mining remains a major concern. At its first Bio Summit, Ecuador introduced biodiversity credits to monetize nature beyond carbon metrics. Regenerative cacao projects also aim to restore degraded land and fund conservation.
November 14, 2026 at 1:00 AM