According to the Hanoi-based Prosperity Initiative, a shift toward more bamboo production by small scale farmers in Vietnam could bring 750,000 people out of poverty by 2020. It could also help circumvent worldwide demand for timber as a building material.
Due to its many benefits, bamboo has been touted as an environmental miracle crop. It’s a significant carbon sink, it grows fast, is more termite-resistant than timber, and can be used for everything from food to clothing material to scaffolding for building construction.
But are environmentalists being bamboozled? Despite its benefits, increased bamboo production could raise a lot of concerns too.