On Monday, Colombia’s constitutional court announced
a permanent ban on all mining and oil exploitation activities in Colombia’s
high-altitude paramo ecosystems. This decision to invalidate this part of the
country’s 2014 National Development Plan means that approximately 350 mining
titles that had been grandfathered into the Development Plan have since been
revoked. Reuters
called the Court’s ruling a “historic decision” in defense of natural resources
and local autonomy.
El
Espectador noted that the court’s ruling also decentralized the process of
granting licenses for projects of strategic national importance. Now, regional
governments, in addition to the National Authority for Environmental Licenses,
will be in charge of authorizing licenses.
Environmental leaders in Colombia celebrated
the court’s decision. Opposition senator Iván Cepeda Castro lauded the
announcement, saying, “With the Constitutional Court’s sentence, we have
protected Colombia’s paramos.” El
Tiempo however warned that the job is not yet complete. The Colombian
government still needs to finish the demarcation of the country’s 28 paramos.
Thanks to the Court’s decision, the Von Humboldt Institute’s job of determining
the precise extent of the paramo ecosystems has gained even more importance.
In oil-related news, Colombian weekly Semana
reported that, if international oil prices hold steady at their current level
of $30 per barrel, Colombia’s oil reserves would run out much faster than
anticipated. Official projections place Colombia’s oil reserves at 6.8 years,
but with the lower oil prices, Colombia’s oil reserves that are still
economically viable will last just 4.9 years.
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