KANSAS CITY, Mo., Dec. 8, 2016 /PRNewswire/ -- The Seven Pillars Institute for Global Finance and Ethics (SPI) was on the shortlist of winners for the prestigious Prospect Think Tank Awards 2016. The judges cited SPI's work on financing climate change mitigation through eco-tourism. Prospect Magazine made the announcement of winners and finalists in the Speaker's rooms inside the British House of Commons noting, "The Seven Pillars Institute was cited for its deft work on eco-tourism."
The Prospect Think Tank Awards stretches back to 2001. They are an annual recognition of influential work by think tanks across the globe. The competition is intensely competitive with submissions from top-level think tanks in the US, UK and EU. SPI was competing with major names such as the Peterson Institute, Rand Corporation, Third Way and Freedom House, all based in Washington D.C. SPI is headquartered in Kansas City, Missouri and attracts researchers from across the world.
SPI published the cited research "Financing Ecotourism Ventures to Support Climate Change Mitigation. What Should the Financial Sector Be Doing in Regards to Climate Change?" in its biannual journal Moral Cents. The article prescribes how the finance sector can contribute to climate change mitigation and adaptation through eco-tourism schemes.
The President of SPI, Dr. Kara Tan Bhala, said, "I wish to thank Prospect Magazine for recognizing our work. We extend our gratitude to supporters and the researchers who contribute their time and energy with a shared heartfelt belief in the mission of Seven Pillars Institute."