I was inspired today to learn from the company principals of Planting Empowerment, a social enterprise devoted to reforestation in the Darien Province of Panama, that they were the first Kiva project in Panama and met their capital goals within days of launching their campaign! Proceeds are already being put to work to increased production of plantains which will contribute to a long-term investment in building out community reforestation while also providing a source of near term employment.
In considering how and why investors can value risk and opportunity when investing together with Indigenous Peoples, the UN has recently released draft guidelines to inform investors when considering the historically significant UN Declaration of the Rights of Indigenous People. When investing for good with Indigenous People, this document and the process it represents are an essential reference.
Attached is an excellent report by Darin Wahl examining the Bio-Cultural Resilience Tool from an in-depth perspective. The report focuses on the evaluation of existing impact assessment tools.
BRT Report Assessment of Tools
Bio-cultural tools were the main topic at one of today’s panels at SOCAP. The topic of the panel was Creating an Operating System for the Good Economy with Indigenous People. The main focus was fisheries, the ecosystems of oceans, and the indigenous people whose lives depend on the fishing industry. The excellent panel included Alloysius Attah from Farmerline in Ghana, Dune Lankard from Copper River Wild Salmon Company in Alaska, Lisa Monzon from the Packard Foundation in California, and Shaun Paul as the moderator.
A shared interest in fostering business practices that foster conservation practices with indigenous people is what brought this panel together. The discussion focused on new collaborative approaches to catalyze business practices and investment that harness pioneering technological and social innovations that build resilience tools in relation to the fisheries industry.
Alloysius Attah discussed how Farmerline has developed a voice-activated mobile phone tool that gives rural farmers in Ghana the opportunity to enhance access to markets, improves access to financial services, and create a high mobile phone penetration in rural households. According to Alloysius “there are more mobile phones than people in Ghana” which creates an incredible opportunity to reach every rural farmer in Ghana with this important bio-cultural tool that creates social good. Farmeline has been working with the Bio-Cultural Resilience Tool and more information on the partnership can be found here.
The other tool that was discussed at the panel was traceability. In relation to the fisheries industry, how can we make sure the fish are coming from a sustainable supply-chain and not from devastated ocean resources or caught in a way that supports over-fishing? Dune Lankard is working on a solution to this problem by labeling the fish shipment boxes with a bar code and number that will bring the customer to a website that tells the story of where the fish came from, and the fishermen that caught it. This tool will stop the mass mislabeling of fish which in turn will help prevent over-fishing. Lisa Monzon works with the major companies around the world that buy seafood (such as Wal-Mart) and has been working with these companies to change fishing policies in North America, Europe and Japan. She also works with these companies on issues such as traceability, where the focus is on supply-chains creating a sustainable fishing industry worldwide.
This panel showed that bio-cultural tools are being used at every level to build economic, social, cultural, and ecological resilience benefiting priority conservation areas with indigenous people.