We are very mindful of the global issues that we face today and our obligation to take steps whenever possible to address these. With this in mind, Eric Sturdza Investments has elected to continue working with the Eden Reforestation Projects (“Eden”).
Eden’s work seeks to address a number of issues caused by deforestation. Deforestation is a global phenomenon caused by a variety of factors. These factors range from large-scale slash and burn practices, to unsustainable agriculture, to daily community forest destruction.
Regions that are most impacted by deforestation are commonly poverty-stricken and underdeveloped areas. With few options to support their families, often, members of impoverished communities are forced to destroy their local environment to survive, cutting down trees for construction, fuel, heat, and agricultural purposes. While this solves a short-term problem, long-term consequences arise when forests are cut down and not restored. The impact of deforestation is dramatic, causing severe flooding, erosion, and desertification, resulting in even worse long-term environmental issues.
Eden’s approach to tackling deforestation has two key elements:
- Engagement with local communities. Reforestation must present a benefit to the local population. Due to the unsustainable relationship between the land and the people, communities suffering from deforestation are often the same as those living in extreme poverty. It is essential to be committed to and work alongside local villages and communities to achieve a successful and longstanding reforestation effort. Eden has adopted an “Employ to Plant” methodology to benefit the people from the local communities in which they plant. Through steady employment, impoverished villagers can begin to afford daily necessities such as food, shelter, clothing, and medicine.
- Funding – without donors, business partners, and grants, there is little hope for successful and impactful reforestation.
Since Eden’s establishment in 2005, over 443 million trees have been planted, and, as a result of consistent employment, Eden’s employees are now sending their children to school and are able to afford food, clothing, and medical care.
Eden has active projects in Nepal, Madagascar, Haiti, Indonesia, Mozambique and Kenya, and has recently expanded their work into Central America. Their work has a myriad of benefits, both from an environmental and human perspective as depicted below:
We are delighted and proud to be able to support Eden in their efforts to find sustainable and long-term solutions that seek to address the environmental and human impacts caused by deforestation globally.
Our initial donation to Eden led to the planting of 50,000 trees in 2020, our commitment is being reinforced as we move into 2021 and will result in the planting of an additional 65,000 trees. The money will be used by Eden and invested where it is needed most across all of their project nations.
Learn more about the Eden Reforestation Projects at edenprojects.org.
For further information on our commitment to charitable giving please do not hesitate to contact Adam or visit Our ESG Approach section.
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