Group items tagged

The identification, ongoing protection and presentatiosn of cultural values is paramount. This includes cultural sites and their traditional knowledge (sometimes referred to as intellectual and cultural property rights) such as food and medicine resources. They want to be able to hunt and gather their traditional foods and other resources, while managing impacts which have the potential to impair these activities through disturbance and habitat destruction. Other important aspirations relate to the future of Rainforest Aboriginal people's communities and their survival into the 21st century. Many Rainforest Aboriginal people want to get more involved in cultural tourism because it means they can present their culture and benefit economically. One of the most heart-felt aspirations Rainforest Aboriginal people have is to get secure title to their traditional lands to ensure the integrity and survival of their cultures.  

Microfinance is the provision of financial services to low-income clients, including consumers and the self-employed, who traditionally lack access to banking and related services. More broadly, it is a movement whose object is "a world in which as many poor and near-poor households as possible have permanent access to an appropriate range of high quality financial services, including not just credit but also savings, insurance, and fund transfers."[1] Those who promote microfinance generally believe that such access will help poor people out of poverty

Traditionally, banks have not provided financial services, such as loans, to clients with little or no cash income. Banks incur substantial costs to manage a client account, regardless of how small the sums of money involved. For example, the total profit for a bank from delivering 100 loans worth $1,000 each will not differ greatly from the revenue that results from delivering one loan of $100,000. But the fixed cost of processing loans of any size is considerable as assessment of potential borrowers, their repayment prospects and security; administration of outstanding loans, collecting from delinquent borrowers, etc., has to be done in all cases. There is a break-even point in providing loans or deposits below which banks lose money on each transaction they make. Poor people usually fall below that breakeven point. In addition, most poor people have few assets that can be secured by a bank as collateral. As documented extensively by Hernando de Soto and others, even if they happen to own land in the developing world, they may not have effective title to it.[2] This means that the bank will have little recourse against defaulting borrowers. Seen from a broader perspective, the development of a healthy national financial system has long been viewed as a catalyst for the broader goal of national economic development (see for example Alexander Gerschenkron, Paul Rosenstein-Rodan, Joseph Schumpeter, Anne Krueger ). However, the efforts of national planners and experts to develop financial services for most people have often failed in developing countries, for reasons summarized well by Adams, Graham & Von Pischke in their classic analysis 'Undermining Rural Development with Cheap Credit'.[3] Because of these difficulties, when poor people borrow they often rely on relatives or a local moneylender, whose interest rates can be very high. An analysis of 28 studies of informal moneylending rates in 14 countries in Asia, Latin America and Africa concluded that 76% of moneylender rates exceed 10% per month, including 22% that exceeded 100% per month. Moneylenders usually charge higher rates to poorer borrowers than to less poor ones.[4] While moneylenders are often demonized and accused of usury, their services are convenient and fast, and they can be very flexible when borrowers run into problems. Hopes of quickly putting them out of business have proven unrealistic, even in places where microfinance institutions are active.[citation needed] Over the past centuries practical visionaries, from the Franciscan monks who founded the community-oriented pawnshops of the 15th century, to the founders of the European credit union movement in the 19th century (such as Friedrich Wilhelm Raiffeisen) and the founders of the microcredit movement in the 1970s (such as Muhammad Yunus) have tested practices and built institutions designed to bring the kinds of opportunities and risk-management tools that financial services can provide to the doorsteps of poor people.[5] While the success of the Grameen Bank (which now serves over 7 million poor Bangladeshi women) has inspired the world, it has proved difficult to replicate this success. In nations with lower population densities, meeting the operating costs of a retail branch by serving nearby customers has proven considerably more challenging. Hans Dieter Seibel, board member of the European Microfinance Platform, is in favour of the group model. This particular model (used by many Microfinance institutions) makes financial sense, he says, because it reduces transaction costs. Microfinance programmes also need to be based on local funds. Local Roots Although much progress has been made, the problem has not been solved yet, and the overwhelming majority of people who earn less than $1 a day, especially in the rural areas, continue to have no practical access to formal sector finance. Microfinance has been growing rapidly with $25 billion currently at work in microfinance loans.[6] It is estimated that the industry needs $250 billion to get capital to all the poor people who need it.[6] The industry has been growing rapidly, and concerns have arisen that the rate of capital flowing into microfinance is a potential risk unless managed well.[7]

Tropical rainforests have supported humans since ancient times. Although forest life cannot be described as easy, these peoples have built their lives around the surrounding forest and its systems. Consequently, they are a great storehouse of the knowledge about the forest. They know the medicinal properties of plants and understand the value of the forest as an intact ecosystem. As forests fall, these indigenous peoples lose their homes and culture. Conflicts with settlers, who also bring disease and domestic animals, has resulted in the decline of the native population in many areas.

What Can I Do? As an individual, many people feel that there is little they can do to stop a problem as big as tropical deforestation. This type of pessimist thinking needs to be stopped, replace pessimism with optimism and many solutions will arise! Recycling paper can slow rates of annual deforestation. The largest component of solid waste by weight in the US is paper and paperboard (EPA, 1998). Roughly 40% of municipal solid waste is paper; each year about 71.8 million tons are generated (EPA, 1998). From an environmental or economic standpoint, it makes sense to recycle; not only can money be saved, but also trees. Valuable landfill space is prolonged; for every ton of recycled paper, three cubic yards of landfill are saved (EPA, 1998). Purchase items that carry the Forest Stewardship Council (FSC) image (Figure 11). The FSC, founded in 1993, is an international, non-profit association, that issues certificates for well managed forests; economic, social, indigenous, and environmental interests are all taken into account. To be classified as a well managed forest, the forest's ecosystem can not damaged, only low volumes of trees are expelled, and impacts on plant and animal life are limited (Greenpeace, 2001B).

Over 2000 tropical plants have been identified as having anti-cancer properties (RIC, 2000B). One of these plants may lead to a breakthrough in the treatment of cancer. Over 25% of the world's modern drug originally came from rainforests (RIC, 2000B). Many contraceptives, stimulants, and tranquilizers commonly used today originated in tropical rainforests. In 1987, a tree compound that was 100% effective against the HIV-1 virus was found in a Malaysian gum tree (Rainforest Alliance, 1999). When research biologists were sent back to get more samples from the tree, it had already been cut down. Unfortunately, no tree found since has produced the same compound (Rainforest Alliance, 1999). If deforestation continues at current rate humankind may lose the cure to two of the world's most fatal diseases.