Brilliant article, let's make it viral. we should not leave the future of the health of our plannet in the hand of banks, such as FMO. These kind of investments only destroy the rights of our children to a just future.
I see similar dynamics here with the previous article about the Tropical Forests Forever Facility. The proposition that forest conservation can be done in a neoliberal financial system favoring fossil fuel, extraction, profitability and efficiency, is nothing more than the arrogant path dependency of western capitalistic mindset. It's stunning how they could just ignore the impacts over indigenous groups and local communities.
Thank you! The Joint Statement highlights all the important points, but just briefly mentions fertilizers. You start with an intact, old-growth tropical forest. You cat that down and it is sent off for possibly illegal hardwoods. Most of the available essential minerals of that land, such as phosphorus, potassium and nitrogen, was tied up in the that original vegetation. Very little except perhaps slash returns to the land. So now you plant a tree crop, then take that away. Perhaps, if you're lucky, you can get one more crop, but each is diminished unless you bring in lots of fertilizer! And in rainy tropics, this soil depletion is greater. How can this possibly be a good investment for a bank?
Brilliant article, let's make it viral. we should not leave the future of the health of our plannet in the hand of banks, such as FMO. These kind of investments only destroy the rights of our children to a just future.
I see similar dynamics here with the previous article about the Tropical Forests Forever Facility. The proposition that forest conservation can be done in a neoliberal financial system favoring fossil fuel, extraction, profitability and efficiency, is nothing more than the arrogant path dependency of western capitalistic mindset. It's stunning how they could just ignore the impacts over indigenous groups and local communities.
Thank you! The Joint Statement highlights all the important points, but just briefly mentions fertilizers. You start with an intact, old-growth tropical forest. You cat that down and it is sent off for possibly illegal hardwoods. Most of the available essential minerals of that land, such as phosphorus, potassium and nitrogen, was tied up in the that original vegetation. Very little except perhaps slash returns to the land. So now you plant a tree crop, then take that away. Perhaps, if you're lucky, you can get one more crop, but each is diminished unless you bring in lots of fertilizer! And in rainy tropics, this soil depletion is greater. How can this possibly be a good investment for a bank?