17th U Thant Distinguished Lecture

H.E. Mr. Rafael Correa Delgado, President of the Republic of Ecuador.

President Correa’s presentation addresses critical issues facing the Latin American region from environmental, financial and socio-political perspectives.

Latin American countries have undergone changes in their political systems, and Ecuador is no exception. Meanwhile, the financial crisis affecting the world and Latin American economies highlights the need for restructuring within the finance sector.

Yet amidst these formidable challenges, there are clear signs of progress with implications for effecting positive change within the region. The innovative Yasuni–Ishpingo Tambococha Tiputuni (Yasuni ITT) initiative, which seeks to preserve the biologically diverse Yasuní National Park (named a UNESCO Biosphere Reserve in 1989), is an example of an instrument that opens new paths of cooperation for developing countries.