Ecological Economy South of the Orinoco

With about 37.5 million hectares of forest cover south of the Orinoco, the region has enormous potential for climate regulation services. The 7.2 million hectares currently committed to the Orinoco Mining Arc, represent around $1,465 million/year in opportunity cost, based on an estimated value of the global unitary climate regulation of the tropical forest of $2,044/ha/year (Groot et al. 2012).

Impacts of illegal mining on indigenous peoples of the Venezuelan Amazon

All the damage caused by illegal mining in the Venezuelan Amazon begins with the occupation of indigenous territories. The occupation per se, constitutes a serious violation of indigenous people’s territorial and socio-cultural rights3, as it manifests itself through the alteration of the ancestral ways of life by which the 19 indigenous groups of this region have lived.

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