On 12th session of #BhutanDialogues which was scheduled on 8 November (the second Thursday of the month) from 4:00 pm at UN House, Kawajangsa, Thimphu.
On the conversation between
our host, Dr Karma Phuntsho, the Founder and President of Loden
Foundation and our speaker, Daniel Spitzer, the Chairman/CEO of #MountainHazelnuts, Bhutan
Daniel Spitzer is the Chairman/CEO, Mountain Hazelnuts Group, Bhutan. Since the early 1990’s, Daniel has founded and led
companies in Asia that have successfully combined financial objectives
with social and environmental goals, including Mountain Hazelnuts
(MH) and Plantation Timber Products Group (PTP).
In a unique public-private-community partnership MH
is planting 10 million hazelnut trees on degraded mountainsides to
rehabilitatr fragile ecosystems and sequester CO2. In the process tens
of thousands of mountain farmers have the opportunity to generate
income. MH is Bhutan’s first 100% FDI and its shareholders include the
IFC (of the World Bank Group) and Asian Development Bank.
MH draws on the PTP model, which engaged 700,000
farmer partners growing trees on deforested mountains and vulnerable
river regions in Sichuan China that served as raw material for PTP’s
sustainable forest products. PTP built state-off-the-art factories, then
established 1,000+ retail stores, and well-recognized brands to
generate strong cash flow.
Earlier in his career, Daniel was Partner in a US$
10 billion private equity fund that invested in Asian companies. Daniel
received a Masters from Stanford University and a BA from University of
California, Berkeley. Daniel is been a regular lecturer at Stanford
Graduate School of Business, focusing on entrepreneurship and social
impact. He and his wife have a son and daughter, both of whom grew up in
Asia and now have international careers.
For more detail on this session click on the You Tube and audio link given below: