Nobel Prize Winner Links Peace and Prosperity

grameen.jpgA couple years ago the Nobel Peace prize was awarded to Wangari Muta Maathai. It was the first time the prize had been awarded to someone whose primary work was in the field of environmental studies and sustainable development and it symbolizes the relationship between a healthy ecology and thriving peace and democracy.
This year, the prize is equally significant: Grameen Bank founder Muhammad Yunus has been awarded the prize for 2006. The Grameen Bank popularized the concept of micro-lending – giving out many small, high risk loans to people of very limited means in Bangledesh which has been profoundly instrumental in bringing thousands of people out of poverty. WIth the revolutionary work of the Grameen Bank (and other microlending instututions that have followed it) countries like Bangladesh, India, and Egypt have a a much more thriving middle class, and entrupreneurial sector which is the key to stable democracy, society and indeed a healthy environment.

Nick Aster is a new media architect and the founder of TriplePundit.com

TriplePundit.com has since grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place.

Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He was instrumental in the creation of TreeHugger.com, managing the technical side of the publication for 3 years as well as an active consultant for individuals and companies entering the world of micro-publishing. He earned his stripes working for Gawker Media and Moreover Technologies in the early days of blogging.

Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.