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This voluntary initiative came from Green economy policies, practices and initiatives
Description/achievement of initiative
Approved in December 2009, the national environmental policy of Ecuador is based on three main areas: institutional management of environmental issues, consideration of the physical limits of ecosystems and social participation.
Source: UNCSD Secretariat (2010) Questionnaire for the Member States on Experiences, Success Factors, Risks and Challenges with Regard to Objective and Themes of UN Conference on Sustainable Development (UNCSD)
The National Environmental Policy's main objective is to determine the economic value of strategic renewable resources (air, water, soil and biodiversity) in order to prior low impact productive activities and accurate
sustainable mechanisms. Furthermore this policy considers the determination of resources' economic value as a good strategy to make policy makers, entrepreneurs and population consider resources and environment an important issue.