Global Development Impacting Ethiopia’s Frankincense Trees
Global Development and Its Role
Global development is at the forefront as Ethiopia faces a crisis with its frankincense trees. The wellness industry in the West is fuelling a demand for this ancient resin, putting pressure on local ecosystems.
The Economic Impact on Local Gatherers
- Western demand leads to short-term profit for some.
- However, the local economy suffers as gatherers see minimal returns.
Environmental Consequences
The consequences of this demand are alarming:
- Deforestation: Trees are being harvested faster than they can regenerate.
- Endangered species: Frankincense trees are becoming endangered, threatening local biodiversity.
- Loss of tradition: Sustainable practices are being neglected.
Urgent Action Needed
To address these critical issues, an emphasis on corporate social responsibility and the well-being of local societies is paramount. Global development should prioritize sustainable practices that protect both people and the environment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.