6 Reasons why you should use bamboo in your next CSR project
What is bamboo?
3 points to note here:
- Bamboo is one of the fastest growing and a naturally renewable tree like grass (It’s not a tree)
- With 1200 different species of bamboo in existence, highly adaptable to high humid regions
- Bamboo is able to grow in Southeast Asia, Africa, Latin America, and in the southern regions of the USA. Certain varieties can also grow in colder climates like the UK and Northern America.
Now we know something about the plant bamboo, here are 6 reasons on why investing your CSR funds in this plant generates enormous value
1. Stronger than Steel: With Bamboo tensile strength of 28,000 PSI (steel being only 23,000 PSI), it is considered as the super material for the 21st century.
2. Wide area of usage:
3. A booming sector with employment opportunities:
Bamboo sector provides employment to over 35 million people and generates annual revenue of 15B $. China is leading the global bamboo business marketplace with close to 50% share
With India being the 2nd largest reserves of bamboo in the world, leveraging it can improve employment & income generation for the rural community, especially in North East India.
4. Great for the environment:
Research has shown that bamboo can absorb as much as 12 ton of carbon dioxide per hectare per year. That’s a lot of carbon subtraction.
As compared to an equivalent tree mass, bamboo produces 35% more oxygen
5. The fastest growing plant in the world:
Bamboo grows at the rate of 3 feet (90 cms) every day & to full maturity within 1 to 5 years depending on variety
6. An antidote to soil erosion & improves soil health:
Since bamboo plants only have shallow roots which regrows by itself, it helps to create a fibrous network underground to hold the soil together and develop the microenvironment beneath the surface.
In short, leverage the social, economic, and environmental advantages of Bamboo to drive socio-economic development at the bottom of the pyramid and get the maximum outcome from your CSR project