{"id":13386,"date":"2023-03-04T10:55:41","date_gmt":"2023-03-04T10:55:41","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=13386"},"modified":"2023-03-04T10:57:37","modified_gmt":"2023-03-04T10:57:37","slug":"eqx-biome-bids-to-implement-a-6bn-economically-successful-protected-area-at-virunga-to-halt-oil-exploration","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/eqx-biome-bids-to-implement-a-6bn-economically-successful-protected-area-at-virunga-to-halt-oil-exploration\/","title":{"rendered":"DR CONGO: EQX Biome Bids to Implement a $6bn Economically Successful Protected Area\u00a0at Virunga to Halt Oil Exploration"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">EQX Biome&nbsp;is looking to halt oil drilling on 28m hectares in the Virunga Park of pristine rainforests &amp; other ecosystems by instead implementing a $6bn Economically Successful Protected Area (ESPA) covering 30% of natural areas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to EQX Biome this is the revolutionary approach to leverage financial markets to protect the world\u2019s remaining biodiversity in the DRC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EQX Biome&nbsp;is looking to halt oil drilling on 28m hectares in the Virunga Park of pristine rainforests &amp; other ecosystems by instead implementing a $6bn Economically Successful Protected Area (ESPA) &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/eqx-biome-bids-to-implement-a-6bn-economically-successful-protected-area-at-virunga-to-halt-oil-exploration\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":13390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7447,7442,11],"tags":[632,11082,1861,11081],"class_list":["post-13386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-central-africa","category-countries","category-top-news","tag-drc","tag-eqx-biome","tag-oil-exploration","tag-virunga-park","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/Virunga-Park-1.jpg?fit=772%2C431&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3tU","jetpack-related-posts":[{"id":4289,"url":"https:\/\/www.oilnewskenya.com\/index.php\/environmentalists-calls-for-end-to-oil-exploration-in-virunga-increase\/","url_meta":{"origin":13386,"position":0},"title":"Environmentalists Calls For End to Oil Exploration in Virunga Increase","author":"","date":"January 25, 2016","format":false,"excerpt":"60 environmental protection groups have signed a moratorium dubbed Global Mobilization for Protection of UNESCO World Heritage against Oil: Save\u00a0Virunga \u00a0calling for a halt to all oil activities in the wider Virunga area. In a joint statement the groups under the name Virunga Alliance called on UNESCO and the governments\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/virunga.jpg?fit=1196%2C751&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/virunga.jpg?fit=1196%2C751&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/virunga.jpg?fit=1196%2C751&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/virunga.jpg?fit=1196%2C751&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/virunga.jpg?fit=1196%2C751&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":1224,"url":"https:\/\/www.oilnewskenya.com\/index.php\/wwf-celebrates-victory-over-soco-international-in-drc\/","url_meta":{"origin":13386,"position":1},"title":"WWF celebrates victory over SOCO International in DRC","author":"Samuel Kamau Mbote","date":"June 14, 2014","format":false,"excerpt":"Statement from WWF WWF celebrates a major victory in protecting Virunga National Park today. Soco International PLC, the London-based multinational oil company, announced that it would end controversial oil exploration inside Virunga. More than 750,000 global activists joined WWF\u2019s campaign that called on Soco to leave Virunga, Africa\u2019s oldest national\u2026","rel":"","context":"In &quot;Oil Politics&quot;","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/virunga_fb_02.jpg?fit=500%2C500&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10564,"url":"https:\/\/www.oilnewskenya.com\/index.php\/climate-activists-oppose-oil-exploration-call-for-a-fossil-free-virunga-in-new-film\/","url_meta":{"origin":13386,"position":2},"title":"Climate Activists Oppose Oil Exploration, Call for a Fossil Free Virunga in new film","author":"","date":"July 2, 2021","format":false,"excerpt":"Climate activists in the Democratic Republic of Congo (DRC) have expressed strong opposition to plans for oil exploration in the Virunga National Park. In a short film dubbed \u2018Fossil Free Virunga\u2019,that was released by 350Africa.org worldwide today, the activists raised concerns with the environmental impacts, as well as the impact\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Virunga-National-Park.jpg?fit=750%2C450&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Virunga-National-Park.jpg?fit=750%2C450&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Virunga-National-Park.jpg?fit=750%2C450&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Virunga-National-Park.jpg?fit=750%2C450&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1052,"url":"https:\/\/www.oilnewskenya.com\/index.php\/soco-to-complete-seismic-in-controversial-drcs-virunga-park-by-june\/","url_meta":{"origin":13386,"position":3},"title":"Soco to complete seismic in Controversial DRC\u2019s Virunga Park by June","author":"Samuel Kamau Mbote","date":"May 16, 2014","format":false,"excerpt":"Soco international will complete the ongoing lake bed seismic survey on Lake Edward on Block V by the end of this quarter according to the latest update by the company. Soco international says the seismic survey represents the Company\u2019s final operational activity onsite Block V under its current work programme\u2026","rel":"","context":"In &quot;Oil Politics&quot;","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/virunga_fb_02.jpg?fit=500%2C500&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4281,"url":"https:\/\/www.oilnewskenya.com\/index.php\/environmentalist-caution-licensing-of-exploration-in-virunga\/","url_meta":{"origin":13386,"position":4},"title":"Environmentalist Caution Uganda&#8217;s Licensing of Exploration in Virunga National Park","author":"","date":"January 21, 2016","format":false,"excerpt":"Over 60 environmental and tourism groups called for UNESCO and the governments of Uganda and the Democratic Republic of Congo to reach a deal to stop new oil drilling licences from being awarded in Virunga National Park and the surrounding area. Groups, including Global Witness, Greenpeace and the Zoological Society\u2026","rel":"","context":"In &quot;Oil Politics&quot;","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/Map_of_region_no_oil_gyser_xg00YaB.width-1280.png?fit=1128%2C635&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/Map_of_region_no_oil_gyser_xg00YaB.width-1280.png?fit=1128%2C635&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/Map_of_region_no_oil_gyser_xg00YaB.width-1280.png?fit=1128%2C635&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/Map_of_region_no_oil_gyser_xg00YaB.width-1280.png?fit=1128%2C635&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/Map_of_region_no_oil_gyser_xg00YaB.width-1280.png?fit=1128%2C635&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":1194,"url":"https:\/\/www.oilnewskenya.com\/index.php\/soco-international-wwf-reach-deal-on-controversial-virunga-national-park\/","url_meta":{"origin":13386,"position":5},"title":"SOCO International, WWF reach deal on controversial Virunga National Park","author":"Samuel Kamau Mbote","date":"June 11, 2014","format":false,"excerpt":"SOCO International plc (SOCO) has agreed with the World Wildlife Fund (WWF) in a joint statement to commit not to undertake or commission any exploratory or other drilling within Virunga National Park unless UNESCO and the DRC government agree that such activities are not incompatible with its World Heritage status.\u2026","rel":"","context":"In &quot;Oil Politics&quot;","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/virunga_fb_02.jpg?fit=500%2C500&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/13386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=13386"}],"version-history":[{"count":3,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/13386\/revisions"}],"predecessor-version":[{"id":13392,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/13386\/revisions\/13392"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/13390"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=13386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=13386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=13386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}