NEW OIL AND MINING PROJECTS BANNED FROM COLOMBIA PORTION OF THE AMAZON
Although it makes up 40% of the South American nation, Colombia only has 6% of the Amazon rainforest. Colombia has declared that it will forbid new mining and oil operations in its section of the Amazon rainforest and intends to transform the region into a reserve for renewable natural resources in an effort to preserve its biodiversity, especially in light of climate change.
During the 30th session of the United Nations Climate Change Conference (COP30), the announcement was made. 186,487 square miles of the Amazon ecosystem will be safeguarded by this project. Out of the nine nations that share the Amazon rainforest—Brazil, Bolivia, Peru, Ecuador, Venezuela, Guyana, Suriname, and French Guiana—Colombia is now the first to protect the entire rainforest inside its borders.
Colombia's minister of environment and sustainable development, Irene Velez Torres, stated, "Colombia has agreed to take the first step." The totality of Colombia's share of the Amazon biome has been declared a renewable natural resource reserve, making us the first nation in the Amazon basin to do so. As a result, 286 mining project applications and 43 oil project applications have been put on indefinite hold.