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Children & Money With Sinhasi

14 November 2023

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Children & Money With Sinhasi

Financial Advice for Your Teens with Umpteen Knowledge

In the world of digital media and knowledge, kids approach their parents for answers when it comes to finance. While parents of teenagers discuss other social aspects of status, alcohol,…

14 November 2021

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Children & Money With Sinhasi

Are we too Critical of our Children’s ability to plan their Finances?

All of us have heard our parents exhorting us to save. They tell us to save for the future, for the unknown, and for our own good. They have seen…

12 July 2021

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Children & Money With Sinhasi

Why don’t we educate our kids about finance early?

As a parent, we always want the best for our children. This doesn’t necessarily mean we want them to have the best clothes, toys or coolest games. It means we…

24 March 2021

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Children & Money With Sinhasi

Teaching Kids to Save through a Monthly Allowance

Children are the most important part of any society. As parents, we have a responsibility to teach them many things in life including money management. We also need to enlighten…

24 February 2021

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Children & Money With Sinhasi

Children’s Education in USA: Dealing with the Currency Risks

22 January 2018

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Children & Money With Sinhasi

Children and Money: The Basics

These days, all we see is doting parents ready to bow down to whims and fancies of their demanding kids. We might understand this emotionally as our need to provide…

CONFERENCE HIGHLIGHTS

The Sinhasi Social Impact Initiative – Conference-1 began by emphasizing the pivotal role in holistic financial and life plans. It paid tribute to a conservation pioneer, emphasizing the pressing need for individuals and corporates to integrate nature conservation with climate change awareness in their social responsibility agenda. The event urged the marriage of traditional wisdom with modern science for sustainable wildlife conservation.

Experts highlighted the importance of grassroots engagement and genuine collaboration with local communities, particularly in the context of elephant conservation. There was a call to reevaluate elephant captivity practices, shifting towards more humane models. The significance of preserving existing forests for the future was strongly emphasized, along with the need for financial commitment to conservation.

Curated initiatives and NGOs showcased innovative approaches, including ecological agriculture, wildlife rescue, and tech-based solutions for elephant-human conflict. The afternoon session underscored the integration of traditional knowledge with scientific methods for sustainable conservation. It advocated for democratizing conservation efforts and the re-evaluation of 'Fortress Conservation' approaches. The success of the Forest Rights Act with indigenous tribes in the Biligiri Rangaswamy Temple Tiger Reserve was highlighted, showcasing the power of community participation in conservation.

The conference concluded with a call to action for effective communication in conservation efforts. It stressed the significance of understanding one's audience and employing emotional storytelling alongside factual information. The need for optimism, action, and social mobilization were emphasized in addressing environmental challenges. Overall, the conference provided a comprehensive perspective on the vital intersection of nature conservation, climate change, and societal responsibility.

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Ms. Mimi Partha SarathyWatch video

Founder & Managing Director, Sinhasi Consultants

Welcome Address Context Setting

As you know , we at Sinhasi are holistic financial planners and investment advisors providing end to end financial solutions in planning and executing 360 degree life plans. We are curators of the best investment solutions for our clients with customization and objectivity , and with the underlying credo to PROTECT , ENRICH AND NUTURE our clients and their financial goals. This led to the birth of the Sinhasi Social Impact Initiative Program as part of the Social Responsibility of all our Life plans.

We begin this program with The Sinhasi Social Impact Initiative Conference – 1 which is on wildlife, nature, and climate change is a tribute to the late M.A. Parthasarathy, a pioneer in nature and conservation discussions. This conference aims to address critical issues related to wildlife and nature preservation, emphasizing the need for integrating traditional wisdom with modern science.

Sinhasi, a financial planning and investment solutions company, founded this initiative as part of their social responsibility commitment. They stress the importance of giving back to wildlife, nature, and climate change as CSR in India has played a significant role in areas like education, healthcare, and rural infrastructure, helping India become the fifth largest economy and potentially the third largest in the world. The conference seeks to sensitize individuals and corporations to these crucial environmental concerns and make them a vital part of their social responsibility agenda.

Sinhasi Consultants are holistic financial planners and investment advisors providing end to end financial solutions in planning and executing 360-degree life plans.
And the Sinhasi Social Impact Initiative Program was started as part of the Social Responsibility of all our Life plans.
Sinhasi Social Impact Initiative Conference 1 focusses on wildlife, nature, and climate change.
This conference pays tribute to the late M.A. Partha Sarathy, a pioneer in nature and conservation discussions.
Sinhasi, a financial planning company, initiated the conference as part of its CSR commitment.
Showcased curated initiatives and NGOs working in the space of wildlife conservation and environmental protection.
The conference also emphasizes the importance of integrating traditional wisdom with modern science for sustainable wildlife and nature conservation.
Aims to sensitize individuals and corporations to environmental concerns and make it an important part of their social responsibility agenda.

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Prof. R. Sukumar Watch video

Senior Ecologist - National Science Chairperson at the IISc, Bangalore

Setting the Context for the Conference

Professor Sukumar, a senior ecologist and nationally recognized scientist, introduced the conference celebrating the legacy of Mr. M.A. Parthasarathy. He began by expressing his deep connection with the late Mr. Parthasarathy, tracing their acquaintance back 50 years during the launch of Project Tiger in 1973. Professor Sukumar then highlighted the core theme of the conference, which centers on the importance of having a platform for dialogues among individuals and corporates about the imperative of social responsibility to wildlife conservation and nature preservation.

He emphasized that he has been an observer, practitioner, and contributor to wildlife conservation in India for over five decades. He stressed the complexity of conservation efforts, emphasizing the need for a holistic approach that considers various paradigms, including conflict resolution, habitat preservation, and sustainable development. Professor Sukumar shared insights from the late Mr. Parthasarathy's manifesto, which advocated for the protection of biodiversity, environmental education, human rights, and the integration of traditional knowledge into conservation actions. He underlined the importance of recognizing and incorporating indigenous knowledge systems into modern conservation practices. In summary, Professor Sukumar's introduction highlighted the conference's significance in fostering discussions with all stakeholders around holistic conservation approaches and the importance of embracing traditional wisdom and social responsibility in preserving India's natural heritage.

Long-time association and respect for the late Mr. M A Partha Sarathy dating back to Project Tiger in 1973.
Core conference theme: dialogue among individuals corporates and stakeholders on the importance of social responsibility in wildlife and nature conservation.
Advocates a holistic approach to conservation, considering conflict resolution, habitat preservation, and sustainable development.
Spoke about the importance of the late Mr. Parthasarathy's manifesto and stressed protection of biodiversity, environmental education, human rights, and integrating traditional knowledge into conservation actions.
Advocated for a shift from the traditional protected area-based conservation model to a landscape-based approach.
Mentioned the success of the Sathya Mangalam Forest Division outside of protected areas in terms of elephant and tiger conservation.
Highlighted the need to consider development models that prioritize sustainability and coexistence over exclusive conservation.

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Mr. Ravi Singh Watch video

Secretary General and CEO at WWF-India

Raising Awareness and Finance in Conservation

Mr. Ravi Singh, the Secretary-General, and CEO of WWF India, participated in the conference celebrating the legacy of Mr. M.A. Parthasarathy. Mr. Singh, who transitioned from a banking career to conservation leadership, discussed the importance of merging finance and sustainability in addressing critical environmental challenges.

He highlighted the need for long-term financial commitment in wildlife conservation and climate change initiatives, stressing the significance of shifting professionals from various sectors, like banking, into environmental leadership roles. Mr. Singh acknowledged the global significance of these efforts and emphasized that sustainability and business sustainability are intertwined. He discussed the interdependence of water supply, industrial operations, and technological advancements, emphasizing the crucial role of nature in supporting human activities.

Mr. Singh expressed optimism about India's growing understanding of the importance of nature conservation and its role in global leadership. He called for raising awareness among individuals, especially corporate professionals, about the urgency of addressing climate change and biodiversity loss. He spoke about WWF's commitment to addressing these challenges and underscored the need for collective action to safeguard the environment for future generations.

Shifted from banking to environmental conservation leadership.
Stresses the need for long-term financial commitment to wildlife and nature conservation efforts.
Highlights the interdependence of water supply, industrial operations, and nature.
Calls for raising awareness among corporate professionals about climate change, environmental problems and biodiversity loss.

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Mrs. Suparna Ganguly and Dr. Sheila Rao Watch video

Founder Trustees – CUPA – WRRC, Bangalore

Captive Elephants and Rescue & Rehabilitation Of Wild Animals

Ms. Suparna Ganguly, the co-founder and president of Wildlife Rescue and Rehabilitation Center (WRRC) and founding trustee of CUPA, along with Dr. Sheila Rao, the honorary secretary and trustee of WRRC, discussed the rescue and rehabilitation of wild animals. WRRC, founded in 1999, addresses the welfare of urban wildlife suffering due to urbanization and development. They highlighted their work in rescuing and rehabilitating various animals, including snakes, lorises, tortoises, and parakeets, emphasizing the need for awareness and support for wildlife conservation.

Moreover, they shed light on the pressing issue of captive elephants in India and the challenges they face, such as inadequate and inhumane living conditions and training methods. The speakers stressed the importance of involving the Forest Department and implementing better policies to ensure the welfare of captive elephants. They also emphasized the need for proper mahout training and mental health support for those working with elephants.

Additionally, they challenged the notion that keeping elephants in captivity is essential for cultural or religious reasons, citing studies that revealed devotees do not necessarily miss the presence of elephants in temples. They advocated for rethinking the way elephants are kept in captivity and exploring different more humane models that prioritize the animals' well-being, mimicking natural conditions as much as possible.

In conclusion, Mrs. Ganguly and Dr. Rao highlighted the urgent need to address the welfare of elephants and other wildlife in captivity, calling for awareness, government involvement, and improved policies to create a more humane and sustainable future for these majestic animals.

Discussed the importance of rescue and rehabilitation of wildlife because of rapid urbanization.
Highlights issues related to captive elephants in India.
Emphasizes the need for involving the Forest Department and improving policies for more human care for captive elephants.
Challenges the notion of keeping elephants in captivity for cultural or religious reasons.

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Mr. Avinash Krishnan Watch video

Wildlife Biologist, Director – A Rocha India

A forest in Bangalore City - Bannerghatta 560083 – Forgotten Forests, Fragile Fences

Mr. Avinash Krishnan, the Director of Conservation Science and CEO of A Rocha India, delivered a presentation on the conservation challenges faced in the Bannerghatta National Park landscape, located in Bangalore city , India. He highlighted the rich biodiversity of the area, including elephants, leopards, tigers, and numerous other species. Avinash discussed the pressing issues of human-elephant conflict, degraded habitats, and the need for wildlife corridors.

His organization is actively involved in various conservation projects, including empowering local women, restoring ecosystems, and improving farming practices. Avinash emphasized the importance of citizen engagement and collaboration among organizations and institutions in preserving this unique natural heritage, inviting people to contribute their time, resources, and expertise to support these efforts to Bannerghatta National Park . Ultimately, he called for an integrated, holistic approach to conservation, emphasizing the need for collaborative action to protect Bannerghatta and its invaluable ecosystems.

Discusses conservation challenges in the Bannerghatta Bannerghatta National Park landscape in Bangalore.
Emphasized the importance of Bannerghatta National Park as the main carbon emission absorber for all Bangalore citizens and corporates and the importance of this forest in Bangalore city for Bangaloreans to enjoy a wonderful climate.
Highlights human-elephant conflicts and degraded habitats.
Emphasizes citizen engagement and collaboration among organizations for conservation in the Bannerghatta National Par ecosystem.
Calls for an integrated, holistic approach to conservation.

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Ms. Harshitha Venkatesh Watch video

Project Lead - B.PAC

Urban Forestry - Greening Bangalore City

Ms. Mimi Partha Sarathy, who is also a member of the Bangalore Political Action Committee (BPAC), discussed the organization's inception and mission. BPAC was founded a decade ago to address the pressing issue of unmanaged garbage in Bangalore. Kiran Mazumdar-Shaw and Mohan Das Pai spearheaded this initiative, rallying support from major companies like Infosys and Wipro. BPAC has since evolved into a dynamic platform promoting civic engagement with a focus on public-private participation to tackle a range of urban issues in Bangalore. As a nonpartisan, not-for-profit citizen group, BPAC has proven that it's possible to be political and neutral simultaneously while working solely within Bangalore's urban limits. Their unique model has garnered interest from other cities keen on emulating their success.

Ms. Harshita, representing BPAC, highlighted their various initiatives, including the B-CLIP program, civic leadership training, and advocacy work. BPAC operates under six key verticals, with a strong emphasis on environmental sustainability through the B.GREEN initiative. Their presentation underscored the critical importance of fostering urban sustainability as Bangalore's population burgeons, and green spaces dwindle. BPAC's dedication to awareness-raising, eco-friendly practices, and community engagement for environmental sustainability reflects their commitment to being the change they want to see in the city. The organization encourages active participation from citizens, political leaders, and government authorities, making it a driving force for positive change in Bangalore.

Discusses the inception and mission of the Bangalore Political Action Committee (BPAC).
Highlights BPAC's initiatives, including the B-CLIP program and B.GREEN initiative.
Focuses on greening Bangalore through B.GREEN initiative.
Emphasizes the importance of fostering urban sustainability and community engagement at a local level for environmental sustainability.

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Dr. Siddappa Setty Watch video

Ethnobotanist, Professor - Ashoka Trust for Research in Ecology and the Environment – ATREE

The success of Forest Rights Act with the Soliga Tribes in BRT Tiger Reserves

Dr. Siddappa Setty, an ethnobotanist and professor at Atree, shared insights into the rights, livelihoods, and conservation efforts of the Soliga tribal community in the Biligiri Rangaswamy Temple (BRT) Tiger Reserve. He highlighted the importance of integrating traditional ecological knowledge into conservation efforts and described how the Soliga community's deep understanding of their forest environment contributes to sustainable resource management. Dr. Setty emphasized the significance of land tenure in empowering local communities and showcased initiatives like participatory resource monitoring, sustainable non-timber forest product (NTFP) harvesting, organic farming, and enterprise development. He also discussed the challenges posed by invasive species like Lantana and the need for evidence-based conservation practices. Overall, Dr. Setty's presentation emphasized the importance of community participation and co-management in preserving biodiversity and improving livelihoods in the BRT Tiger Reserve.

Emphasized integrating traditional ecological knowledge in conservation efforts.
Showcased initiatives: participatory resource monitoring, NTFP harvesting, organic farming, enterprise development. Advocated evidence-based conservation practices.
Stressed community participation and co-management for biodiversity preservation and improved livelihoods in BRT Tiger Reserve.
Shared his experience in the Biligirirangan Hills (BRT) where the FRA has been successfully implemented for over 2,000 families.
Advocated for trust and cooperation between local communities and the Forest Department to manage forests effectively.
Mentioned that workshops and education were crucial in helping communities understand and engage with the FRA.

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Mr. Vance G Martin Watch video

Internationally renowned Nature Conservationist & Former President of The WILD Foundation, Boulder, Colorado

A Global Perspective to RE-WILDING for Conservation

Vance Martin, an internationally renowned nature conservationist and former president of the Wild Foundation, delivered a presentation on global conservation and rewilding. He emphasized the need to protect whatever nature we have today and then restore wild nature, suggesting that science indicates at least 50% of ecosystems should be preserved for the Earth to continue providing life support.

Martin highlighted the importance of reciprocity in the relationship between humans and nature, urging us to give back to what sustains us. He introduced the concept of rewilding, focusing on health, heritage, and hope as its core principles. Additionally, he discussed the Global Rewilding Alliance's work and the inclusion of indigenous rights in conservation efforts. Martin also touched upon the role of wildlife in carbon sequestration, a concept often overlooked in climate models. His presentation offered a message of positivity, hope, and the transformative power of rewilding.

In a Q&A session, Martin further emphasized rewilding as a source of hope, health, and heritage, connecting humans with their wild origins and promoting reciprocity with nature. He discussed the importance of giving people a positive answer and restoring their relationship with the environment. Overall, Vance Martin's presentation highlighted the significance of rewilding as a pathway to a more sustainable and hopeful future.

Emphasizes the need to protect and restore wild nature.
Introduces rewilding as a pathway to a more sustainable future.
Discusses the Global Rewilding Alliance's work and the inclusion of indigenous rights in conservation.
Highlights the role of wildlife in carbon sequestration.

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Mrs. Swarna Ramki Watch video

Managing Trustee – Conservation India | Co-Founder – Wildlife for Cancer

Effective Information Data Systems and Campaigns for Focused Conservation Efforts

Mrs. Swarna Ramki, managing trustee of Conservation India, shared insights into the organization's journey and its commitment to facilitating nature conservation through reliable information and support. She highlighted the challenge of effectively communicating conservation efforts, emphasizing the birth of Conservation India over 15 years ago as a solution to the lack of a central repository for conservation information in India. The organization evolved into an enabler of wildlife conservation, collaborating with diverse stakeholders, running impactful campaigns, and advocating for policy changes.

Mr. Vikram, a long-term volunteer with Conservation India, discussed the successful Amur Falcon campaign, underscoring the importance of understanding local politics, policy, and procedures in conservation work. He introduced CI's comprehensive framework for initiating, planning, collaborating, enabling, and monitoring conservation projects. The presentation stressed the significance of patience, perseverance, and collaboration in conservation, urging generous contributions to support these vital efforts. Conservation India stands as a beacon in the realm of wildlife conservation, harnessing effective communication and collaboration to protect India's rich biodiversity for future generations.

Shares insights into Conservation India's journey and mission.
Discusses the challenge of effectively communicating conservation efforts.
Discussed success stories in effective campaigns – The Amur Falcons in Nagaland & The Narcondam hornbill in the Andamans
Highlights Conservation India's role as an enabler of wildlife conservation through collaboration and advocacy.

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Mr. Paul Spencer Sochacazewski Watch video

Former Communications Director WWF International, Author and communications consultant, Geneva, Switzerland

Paul Spencer Sochaczewski, a writer, conservationist, and communications advisor, discussed the importance of effective communication in conservation during his presentation. He emphasized the need for optimism, action, and social movements in addressing environmental challenges. He pointed out the achievements in conservation, such as multinational treaties and the inclusion of nature's rights in national constitutions.

Paul highlighted the complexities of conservation communication, including the challenge of framing environmental issues and avoiding fake narratives. He stressed the significance of knowing one's audience, creating intimacy, and finding the right balance between factual communication and emotional storytelling. In addition, he touched on the four motivators for direct marketing in conservation:

Greed: Promoting benefits or rewards for supporting conservation efforts, such as winning a lottery , tax benefits or exclusive privileges.
Exclusivity: Offering unique opportunities or recognition to
donors, making them feel special and valued. Fear: Highlighting the potential negative consequences or threats to nature and the environment if support is not provided.
Guilt: Evoking feelings of responsibility or moral obligation to contribute to conservation, emphasizing the impact of individual actions on the planet.

He also addressed the issue of glitzy or sensationalized communication in contrast to the seriousness of environmental problems, urging for a balance that sensitizes and educates the public. Overall, Paul Spencer emphasized the role of effective communication and marketing strategies, including these four motivators, in engaging people in conservation efforts and raising awareness about environmental issues.

Emphasizes the importance of effective communication in conservation.
Calls for optimism, action, and social movements in addressing environmental challenges.
Discusses the complexities of conservation communication.
Highlights the four motivators for direct marketing in conservation.

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