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miércoles, 21 de junio de 2023

NO MORE THE STUPID ECONOMIC MODEL

 




NO MORE THE STUPID ECONOMIC MODEL

South America is an extremely fortunate continent in having a prodigious source of extractable reserves that include oil, diamonds, gold, silver, antimony, copper, and iron, and are world-class deposits. In fact, South America is the most resource-rich continent. South America has a total area of ​​about 6,878,000 square miles (17,814,000 square km), or about one-eighth of the Earth's land area. For comparison, Russia is smaller since Russia is 17,125,192 km2 (6,612,074 square miles. But South America is much richer in resources and its climate is incomparable. I could list the countries that are number one in certain resources, and there are several, but If we put together the countries of South America we are practically number one in everything: gold, silver, diamonds, oil, production of fruits, oils, etc. But unfortunately, we are the most mismanaged country because the elite keeps us that way.

In the particular case of Ecuador, everything is being given away and in fact, subsidized so that everything is stolen. Ecuador receives absolutely no benefit from the extraction of its gold or silver, quite the contrary, it ends up costing 9% of its GDP to subsidize the robbery. The culprits are: Rafael Correa who handed over the country's resources at 3% royalties. Lenin Moreno and Guillermo Lasso have been equally irresponsible for not doing anything to remedy the disastrous situation and of course, the way they do it is a dollarization scheme.

It is sad that most people do not seem to understand that the use of the dollar is not free. Like most Americans who completely ignore that the Federal Reserve system is a Ponzi scheme. A usurious system where the "corporation" created by international bankers that are not "federal" nor is it "reserve", creates money out of thin air and charges 9% seigniorage and 3% for printing, to the American people, although almost 90% of dollars it's digital, Americans don't do anything about it. Thanks to the fact that most US representatives in Congress and the Senate depend on US corporations to pay for their campaigns in the plutocracy circus otherwise known as "US democracy". 

In Ecuador, it is worse since Ecuador not only pays 12% of GDP but needs to create bonds that pay around 8% interest and up to 3% to put them on the market. Ecuador ends up paying 23 cents for every dollar. If Argentina, Venezuela, and any other country accept dollarization, that is what they will face and why the zionist are using every method to force dollarization in Argentina and Venezuela (analysis of the same federal reserve declares it so) So all the production of gold and silver leaves the country of Ecuador at a cost to the country. In the future, someone is going to call Ecuador the country of idiots. Because they don't do anything about it. And for the record, it was Rafael Correa's Honoris Causa Estupidis that started the process of giving the resources away for 3% royalties. 



The dollarization agreement requires Ecuador to pay 12% of its GDP for using the dollar. 9% seigniorage and 3% for printing value. To this add 3% inflation. Tacitly, Ecuador needs to sell its resources for at least 15% in order not to lose, otherwise, it is subsidizing the theft of its resources. At 3% Ecuador, is giving away all its gold and silver. Nothing short of thievery. For this reason, although an enormous amount of wealth comes out of the country, it is increasingly falling into poverty. Of course, every time Ecuador has even tried to assert its constitution the manipulated international courts with puppet judges of the zionist elite have handed millions of dollars in fines. Now do you understand why the elite tries to dollarize Venezuela, Argentina, and other nations?

While there is untapped mineral potential, geologists believe the country has as much copper as Peru. Ecuador seems ignorant of its resources or at least how to manage them to benefit its people. And for starters, Ecuador needs to immediately correct giving away its gold and silver. It must charge at least 18% royalties and that is what every country in South America must do. Let us do it. How many cars are Tesla and BYD going to sell if we stop selling them Lithium?. Let us make an agreement with our African brothers and both continents to impose at least 18% royalties. Let us welcome a world of change. 

But it's worse. Case in point, China is taking the mountains because those are lands that are loaded with rare earth and minor metals. China is taking all the soil by the ton, a mechanism that they also adopted under treasonous Rafael Correa, ex-leader of the fake and false socialism aka Camelot Project. The Chinese don't bother to refine or extract the gold, but they load tons of rare earth and pay minuscule amounts for it when they are essential structural materials needed for the deployment of renewable technologies, such as wind turbines and solar panels. The Chinese of course are also taking $25 billion in fisheries off the coast of South America. Yet between 2017 to 2021, The United States was too busy adulating their petulant spoiled brat sociopath conman Donald Trump to realize what really goes on in the world.  Trump of course was too busy selling his best con game, no taxes for the Zionist wealthy elite and more taxes for his followers but thank god they are too stupid to realize it.  So no surprise that the Chinese take $5 billion on fisheries from Ecuador and pay nothing for it, just as they pay nothing for all the tons of rare earth they steal. While there is growing demand amid global decarbonization. But Ecuador receives absolutely nothing of this and both the fugitive Correa, the fugitive Moreno and the inept Lasso do not seem to have learned the value of the rare earths that leave Ecuadorian ports daily.

But Ecuador is not a beneficiary of its resources at all. Ecuador is not winning anything. Everything goes to the powers that be. And therefore if this continues, the country must answer these questions:

 If Aurelian resources declared that there was much more than double the gold and silver in Fruta Norte and Lundin in the agreement signed with Correa declared less than half of the real reserves and at the same time only pays 3% royalties. Ecuador is being robbed in every way thanks to the bisexual that lives in Belgium. Ecuadorians are being entertained with absurd politics and ideologies, the perfect tool used by the Zionist puppet masters. While the so-called political leaders have been inept and grossly ignorant in doing nothing, the Ecuadorian people do nothing about it either. I denounced that years ago https://cambiorealamerica.blogspot.com/2019/08/como-roban-los-recursos-del-ecuador.html



I have not heard Yaku Pérez say anything, although he claims to be wise about it. Nor have I heard that George Soros's puppet, Mr. Lelo Andrés Arauz, a man who in his own words said that he "wants to be president but does not want to be a candidate" and considers himself an expert in "money laundering" But Goerge Soros funded organizations have him as a scholar. Less have I heard from Luisa Gonzales, whose only fame in Ecuador was as the only female lover of Rafael Correa. So her talents are not in economics or politics, so no statement beyond saying that her counselor will be the fugitive who started this calamity. Nor have I heard Fernando Villavicencio comment on the matter, quite the contrary, his whole agenda is to be the defender of the dollar, something so stupidly absurd as no man can be the defender of a currency with gazillion dollars in debt. Apparently, he does not understand what dollarization is either. But in Ecuador, they give him credit for all my research. But it is I who have been writing to prosecutors and the State Department for years and alerting them to various criminal acts. Certainly, Villavicencio has looked for evidence, but regarding the dollar he has never said anything.

When will the enormous damage caused by the extraction of these raw materials in the areas of Paquisha, Mayaycu, and all the mining areas where the Chinese operate be evaluated? And where they steal all the rare earth.

What is going to be the amount of payments to local communities and ecologies for the damage caused?

What is the extractive economic model of Ecuador? Certainly letting everything be stolen for less than inflation value is not an economic model that will benefit anyone. Worst someone who pays 23 cents to use the zionist green bills. 

How is Ecuador going to prevent everything continues to be stolen?

Ecuador will have to file lawsuits for fraud against Lundin because if Aurelian Resources, which started the exploration of Fruta Norte, said that there were over 11.9 million ounces of gold, it is incredible that in the signature with Rafael Correa, it is mentioned that there are only 5 million ounces of gold, that is fraud in any nation. But despite several attempts to get a response from the government of Guillermo Lasso to stop the exploitation. I have never been able to communicate. A scandal that will cause an enormous drop in Lundin's shares. As happened when I sent this report to the IDB, they took away the programs from the Guayaquil bank and granted them to Banco Pichincha. No! It wasn't for anything Villavicencio did or said https://cambiorealamerica.blogspot.com/2021/11/una-conspiracion-criminal.html

Then the government must conduct an audit of the rare earth that exist in the soils that China is stealing every single day and a trial for environmental damage. A complaint will be filed in the United States Congress and Senate and a lawsuit will be filed and I plan to create a national defense center that will take action to prevent further exploitation.

In Ecuador, there is very little worthwhile legislation in the national assembly that has been created for the good of the country in economic aspects and it is largely the irresponsibility of the puppets of the world elite such as the leader of false socialism Rafael Correa. An individual who can barely speak English or French but claims to have obtained a Ph.D. and Master's degree in those countries. His party created lots of laws, none to protect the country from these predatory ways that multinationals use to exploit our nations. Believe it or not, Rafael Correa made laws that make it legal to carry drugs and laws that claim that there is no crime if the thief steals less than $500 dollars, but since he was such a good puppet for the multinationals he is always given interviews in the zionist media. I demand that specific laws and measures be formulated where the country receives at least 15% of royalties.

At the same time, the country must invest in the refinement and processing of Ecuadorian lands of rare earth and minerals such as silver, applying specific laws that govern the supply of raw materials.

The OECD Due Diligence Guidance for Responsible Mineral Supply Chains provides an important source of reference and these should be fully applied for responsible corporate management of supply chains and resource extraction in Ecuador. Whoever does not comply with these rules and measures must be imposed the necessary fines and the necessary trials must be followed so that China makes the necessary repairs of all the rare earths that they have stolen. While these non-binding guidelines highlight important considerations regarding human rights abuses and conflict, they do not include any environmental considerations of mining extraction and the enormous impact it has caused directly to communities in the Sierra and the Oriente.

In order to benefit the country, Ecuador must immediately invest in drone production and assembly factories, electric vehicles, and other high-tech industries. In this way, Ecuador will be able to benefit somewhat from its own resources. Otherwise, Ecuador is only a beneficiary of destruction and theft. Here my plan https://cambiorealamerica.blogspot.com/2023/03/un-carro-electrico-ecuatoriano.html

The electric vehicle (EV) industry is a very clear example of the ineffectiveness of the leaders of our countries. It is quite evident that since South America is the one that has the resources that precisely feed the new high technologies, then it is the South American countries that must first demand that they own at least 49% of the shares of the corporations that exploit their resources and demand that said companies put their mega factories in Ecuador, Peru, Chile, Argentina, Bolivia, and Colombia because it is obvious that these lithium supply chains, and all the necessary resources for EV's, drones, solar panels, wind turbines come from and are powered with South American resources and over 50% of those resources exist only in South America.

And precisely because they are resources which extraction is harmful and for now they only contribute to environmental and social degradation through the extraction and transportation of raw materials. The transformation of our economies becomes imperative. When the reality is that, if Chile, Bolivia, Argentina, Ecuador, Colombia, Venezuela, and Peru come together, the entire electric car industry, all electric motors, solar panels, and wind turbines will come to a halt. It is important to wake up from mental lethargy. The reason the world elite manipulated fake socialism to turn off the taps on Venezuela's million barrels of oil supply was to control oil prices. Now the Latin American countries must then use mechanisms of their own to take the initiative, make demands, and control the price of their resources. Without lithium, copper, the salts, from Bolivia, and all the minerals from Chile, Peru and Ecuador, Argentina, and Brazil, Elon Musk's cars will cost $180,000. Elon Musk can literally go bankrupt. Latin countries must know by now that if he was stupid enough to waste on an app (Twitter) some great Argentinian and Ecuadorian programmers can do better. (write to me for collaboration and investment. I will make the investment) Just for the heck of it just follow these parameters and let us create a much better app to use in Latin America and make Twitter useless. Follow the link if you are a programmer and you will agree. If all Latin countries prohibit the use of Tik tok and Twitter then we must have our own app. Let us do it. SOLUCIONES PARA UN MEJOR FUTURO: Better app than Twitter (cambiorealamerica.blogspot.com)


Just as an exercise if all the South American countries announce together a joint mission to even discuss the adoption of new rules in every single country, I assure you that just the fear that they will get no lithium and resources will drive prices much higher in a heartbeat and people will stop buying Tesla cars. And the same will happen with Warren Buffet's BYD, his stock will crash. You may not believe me? So, I challenge the ministers of Chile, Argentina, and Bolivia to see what happens if they were to announce that a joint study is to be carried out to establish the same lithium exploitation rates and royalties by all South American nations, or at least in the lithium triangle countries and you shall see what happens in the Wall Street casino. What drives that casino is FEAR. Understand that. Let us drive them crazy. I bet you Jack Ma will agree. 

Therefore, we must start the process and demand that companies such as Ford, GM, and the Chinese companies BYD, Xpeng, NIO, and others set up factories in our countries. It will be demanded that the mega factories of batteries and consumer cars for Latinos should be built in South America. I have about 32 inventions that will make a mighty profit if anyone cares to invest in my inventions in all south american countries Prohibit the importation of all EVs until factories are built and a minimum investment of $44 million happens in all Latin countries.  Invite Volkswagen, Mercedes Benz, and BMW to be the first to invest in our countries just to give them a curb ball. It is not possible that Latin America should continue with a stupid economic model by the zionist. 

It is not possible that Ecuador is losing 12% on every ounce of gold and silver, while at the same time, Elon Musk is making billions. Has anyone wondered if Elon Musk has invested in our countries? Latin America should suspend Twitter in all Latin American nations until it invests at least the same amount that Elon Musk invested in Twitter.   And if they are smart in our countries, they will bet on options that day. Make the announcement in a coordinated way and they will make money while the shares of Twitter, Tesla, and all the EV companies go to hell. Because remember when Rafael Correa bought Ecuador's debt? If he bought pennies on the dollar, do you know who told him to do what he did then? I did! If it is done in coordination and with certain algorithms, the Latin countries will make millions the moment the shares fall and will make another few million when they make a deal, because without lithium and without all the resources of South America all those companies, those technologies will crumble. South America can no longer be used as the backyard of the elite. Elon Musk and Warren Buffet (main shareholders of BYD) should have invested in Latin America, not only pretending to sell their cars and insurance. The least we can do is to extend the same courtesy that he affords to the first amendment of the US Constitution, we shall prohibit the use of Twitter just as he kicks anyone out of his little empire. 

And yet, the electric vehicle industry is producing huge profits for rich countries, while lithium-rich countries are increasing the rate of poverty for failing to seize the lucrative opportunity to capitalize on battery production and electric vehicle manufacturing; The global market for cathodes for lithium-ion batteries is estimated to rise to $70 billion by 2024 and over $120 billion by 2027. Imagine that $70 billion is the total debt of Ecuador while all the gold and silver from Ecuador are being stolen.  It is nothing short of fraud. It is a shame that the Bretton Woods agreement no longer is functional and yet the  IMF (Illuminati Monetary Fund) and the BIS (Bank Illuminati System) central bank of all central banks continue to use it to devalue the currencies of our nations. BUt since Latin American countries accept the fraudulent manipulation of the puppet master nothing is being done about it. 

The puppet presidents shall be ashamed and tried for treason. Today, more than 50 percent of the world's lithium resources are concentrated in the Lithium Triangle region of Chile, Argentina, and Bolivia. It is crazy that poverty exists in our countries when without South America the industries that produce the most economic benefit for rich nations fill the accounts of Elon Musk and Warren Buffet while the cities even in the United States are crumbling.  That would not be possible in a rational world. While Peru and Ecuador have enough copper to build electric motors that will allow the union of our nations to allow the integral development of our nations and therefore the unification of efforts and joint investment is needed by adopting unified laws. All nations must adopt at least 18% royalties and 15% taxation. The extractive experiences of these countries, particularly Chile and Argentina, are useful examples of sustainable mining in Ecuador. The Federal Reserve owned by zionist bankers shall return at least $60 billion dollars that were collected from Ecuador since the year 2000 by fraud as they presented themselves as the Federal Reserve and are a corporation owned by Zionists and they are neither Federal nor has any reserves. It s a Ponzi scheme, a Usury system. If we come together on that day we will put a stop to the huge profits of Elon Musk and Warren Buffet and our nations will be able to earn their share.

With one of the world's largest lithium reserves, Chile is responsible for exporting 40 percent of global demand. Bolivia has resources in quantity, and Argentina equally. In the country's Salar de Atacama region, an area within the Lithium Triangle, lithium mining uses about 65 percent of the region's water to pump brines from drilled wells. Lithium extraction involves pumping out substantial amounts of water, to avoid all that damage and invented systems that use ocean water. Otherwise, the devastation is extremely worrying because of its devastating effects on local environments. Chile is the only country in the world where water resources and management are controlled exclusively by the private sector. Sociedad Química y Minera de Chile (SQM) owns the water rights in the Salar de Atacama region. This commodification of water and the lack of protection of land and indigenous rights dates back to Chile's 1980 Constitution, promulgated under the military dictatorship of Augusto Pinochet. As a result, the lithium industry has also overwhelmed the local agricultural sector by limiting water supplies and polluting waterways, causing concern within scientific communities who report that lithium extraction-related activities are "one of the causes major causes of local environmental degradation" in the Atacama region. promulgated under the military dictatorship of Augusto Pinochet. As a result, the lithium industry has also overwhelmed the local agricultural sector by limiting water supplies and polluting waterways, causing concern within scientific communities who report that lithium extraction-related activities are "one of the causes major causes of local environmental degradation" in the Atacama region. promulgated under the military dictatorship of Augusto Pinochet. As a result, the lithium industry has also overwhelmed the local agricultural sector by limiting water supplies and polluting waterways, causing concern within scientific communities who report that lithium extraction-related activities are "one of the causes major causes of local environmental degradation" in the Atacama region.

It is not that it only affects indigenous populations. It affects us all and we must come together Latino investors and environmentalists to fight have fought for greater collaboration between the private sector, the government, and local authorities to guarantee fresh water for local consumption and agricultural activities. The Atacama Popular Council, which represents 18 indigenous communities, has fought to reclaim rivers, streams, and grasslands to protect their habitats, which have been greatly reduced in the past decade. Diego Hernández, president of Chile's mining society, Sonami, believes that local water monitoring is deficient, noting that "the government does not have a hydrological model of the entire aquifer" and arguing that the state " You should be able to make informed decisions based on technical data. But in Chile, we have more rules and laws than money to enforce them.” As a result, both companies working in the area, Albemarle and SQM, independently monitor groundwater levels.

In Argentina, the extractive experience differs from that of Chile, where mining companies have faced other obstacles. Political instability, volatile monetary policies, and a lack of clear fiscal rules have impeded companies' decision-making on new long-term projects and foreign investment in their mining industry. Additionally, the lack of reliable infrastructure to power mining equipment, as well as opposition from local communities and environmental groups have further impacted the growth of the industry. Several cases of social opposition in Argentina have exemplified the state's inability to control or monitor the performance of extractive companies, creating a fundamental distrust of mining companies in society. The best way to solve that and avoid so much corruption is for mining companies to distribute at least 10% of the shares to the people and for 15% to be invested by the state and pay 7% dividends. Notable cases include the Alumbrera Ltda. lawsuit for gold extraction in Alpachiri, Tucumán, and the cyanide contamination of the Potrerillos River in 2015, which implicated the Canadian Barrick Gold and the Chinese firm Shandong Gold. But for all this, the Federal Reserve is desperate to do in Argentina what it did in Ecuador. Dollarize them to steal everything for nothing. Tucumán and the cyanide contamination of the Potrerillos River in 2015, which implicated the Canadian Barrick Gold and the Chinese firm Shandong Gold. But for all this, the Federal Reserve is desperate to do in Argentina what it did in Ecuador. Dollarize them to steal everything for nothing. Tucumán and the cyanide contamination of the Potrerillos River in 2015, which implicated the Canadian Barrick Gold and the Chinese firm Shandong Gold. But for all this, the Federal Reserve is desperate to do in Argentina what it did in Ecuador. Dollarize them to steal everything for nothing.

 

In addition, there is no legal framework that regulates the extraction of lithium in Argentina, since the exploitation is still framed in the general mining laws. Under current legislation, the exploration, extraction, and commercialization of lithium is in the hands of transnational companies. Thus, since state and local provinces have little to no involvement in the value chains of any lithium derivatives, extraction offers little benefit to the state beyond the corporate taxes paid by these corporations, unlike in Chile. or Bolivia, whose governments force extraction as a national business. Therefore, the unification of our nations is necessary, and in all our countries at least 18% of royalties of any mineral be paid.

 

Since 2015, after Correa gave away gold and silver for just 3% royalties. Ecuador has done nothing to stop the theft of its resources, far from it, it has adjusted outdated fiscal policies to attract investment for its mining industry. But they have made the theft worse because President Guillermo Lasso's authorization to expand crude production through joint venture agreements with oil companies marks his first step in reactivating the country's energy sector. Ecuador's hydrocarbon and mining industries offer the Ecuadorian government a great opportunity for economic growth and development. But as long as there are no rational laws, everything will continue to be given away. At least that was the idea, However, Rafael Correa drove his followers to stop any possibility of a functional government and Lasso declared "muerte cruzada" which put an end to the corrupt and inept assembly and after elections of a few familiar clowns in Ecuadorian politics they will elect a new puppet. 

Using the electric vehicle industry as an example, technological advances within the industry are improving product efficiency and mitigating the environmental impact caused by resource extraction. Read my plan for a South American electric car, where all countries come together to make it happen and that will be a great boost for our economies. https://cambiorealamerica.blogspot.com/2023/03/un-carro-electrico-ecuatoriano.html

 By 2035, recycled batteries could account for more than a fifth of the lithium and 65 percent of the cobalt needed to make new batteries. As value chains become less dependent on extractivism, investment in Ecuador should be directed toward building infrastructure such as the development I am proposing for Imbabura that promotes value-added activities such as end-stage battery production and battery recycling. https://riquezacomunitaria.blogspot.com/2019/09/proyecto-de-desarrollo-para-la.html

 

If Elon Musk preferred to invest $44 billion in Twitter instead of investing in Argentina, Chile, Brazil, Peru, and Ecuador, then the least that should be done in South America is to ban the use of Twitter and we will see what happens when the shares of Twitter fall. Twitter will lose millions of users. Until Elon Musk invests an equal amount in South America, it is necessary to show that it is South America that can decide the future of the world. Without our countries, all these industries cannot exist. If you want Lithium batteries, and you want to keep your electric cars current, you must invest or face the consequences. Countries like the United States and China must provide a minimum of one hundred billion to prevent climate change and mitigate the effects of El Niño. We must demand climate financing from the BIS,https://cambiorealamerica.blogspot.com/2023/06/proyectos-que-deben-hacerse-para-evitar.html

I dare say that if they would have built my project years ago there would have been no immigration issues in the USA Plan Integral de Desarrollo: Plan Integral de Desarrollo Parte 1 (desarrolloeintegracion.blogspot.com)

We are facing the effects of El niño and the damage will be in the billions, to avoid massive migration to the United States and Europe, which is something that will happen after the catastrophe that comes with El niño and they must help now since later it will be very difficult and migration will occur in direct proportion to the rains, floods, and damage projected by the same climate change center in the United States.

Both USAID, IDB, and the US Department of State should expedite the delivery of climate finance plans to create the opportunity to overcome the challenges facing domestic value added specified in the latest UNCTAD report. in electric vehicle battery value chains. Value-added activities can also reduce Ecuador's dependence on external price shocks, as the bulk value of raw materials used in EV battery production is determined by international markets.

 

Any development related to hydrocarbons or renewable technology must comply with environmental requirements and respect local interests. As COP26 demonstrated, indigenous traditional knowledge and stewardship of land and forest rights are indispensable and cost-effective solutions to address climate change.

It is sad and unfortunate that Ecuador as it was born and as a government acts irresponsibly. Logically, given the announced catastrophe, elections should be postponed or suspended so that a functional government can create strategic plans to face the crisis and mitigate the damage in an orderly and organized manner. Otherwise, Ecuador is for now with a government that cannot operate because it is about to say goodbye to satisfy the whims of its shadow president in the name of political terrorist Rafael Correa Delgado. Although Lasso in his economic plan that the filthy assembly never approved was at least a semblance of trying to operate with dignity as:

Governments must control or audit mining operations that take place in their countries. And either the false courts that multinationals operate by imposing sanctions in favor of Chevron or any multinational must be repudiated and have no jurisdiction in our countries or Let us a court system to impose sanctions on all the multinational companies and let us send a team of auditors to Switzerland and put into question what Latin courts the Rothschild's wealth and audit the BIS.

States must establish clear fiscal policies and a solid regulatory framework to guarantee government revenue from mining activities and attract foreign investment with a minimum of 18% royalty payments and no less than 49% investment from the people and the state government.

Governments must establish legal accountability mechanisms that promote corporate transparency and penalize companies that do not comply with regulations. And bring to trial the fraudulent people who have lied about the true resources that exist in the mines

National authorities and local stakeholders need to work together to reach a proper consensus on environmentally friendly and sustainable mining legislation.

Governments must provide increased funding to build stronger institutions, administrative processes, mining infrastructure, and human capital so that best practices in natural resource exploitation prevent local degradation and meet constitutional requirements.

Diversifying revenues generated in Ecuador's extractive sector into value-added activities would mitigate environmental degradation and promote a greener, long-term industrial growth plan that meets global climate commitments, undoing the country's historical reliance on fiscal policies procyclical dependent on commodity exports. To ensure this, climate finance serves as a crucial international mechanism that can place Ecuador, and the countries most vulnerable to the adverse effects of climate change, at the forefront of a green technological revolution. However, until this is realized, responsible hydrocarbon mining will more immediately satisfy Ecuador's urgent demand for higher tax revenues. 

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