Financing our Anthropocene: How Wall Street, Main Street and Central Banks Can Manage, Fund and Hedge Our Global Commons

Development needs to meet the UN SDG have primarily been financed through private sector financing, conventional public sector funding, and philanthropic commitment. However, these sources are not sufficient in scale and speed to meet the pressing finance needs. This book explores how the development of cryptocurrencies based on blockchain distributed ledger technologies has prompted leading central banks to study the potential application of this approach to directly inject purchasing power without dependence on the banking system. It also illustrates how this approach can be utilized to finance the huge multi-trillion dollar annual investment requirements for achieving the Sustainable Development Goals (SDG).

Format: Hardback
Length: 116 pages
Publication date: 17 January 2023
Publisher: Springer International Publishing AG

Development needs to meet the United Nations Sustainable Development Goals (UN SDG) have primarily been financed through private sector financing, conventional public sector funding, and philanthropic commitment. These sources are not sufficient in scale and speed to meet the pressing finance needs. The world community is too busy repairing, stabilizing, and refunding the system to maintain the stability of the existing system. The introduction of a parallel electronic currency specifically designed to finance global commons and a human-centered economy would provide the necessary resources to achieve the UN SDGs while stabilizing the existing monetary system. This book analyses how the development of cryptocurrencies based on blockchain distributed ledger technologies has prompted leading central banks around the world to study the potential application of this approach to directly inject purchasing power without dependence on the banking system. Furthermore, the book illustrates how this approach can be utilized to finance the huge multi-trillion dollar annual investment requirements for achieving the Sustainable Development Goals (SDG). With a Foreword from the President of the Club of Rome.

“This book is where fiction turns into fact.” - World Bestselling Author of ‘The Minister of the Future’ Stan Robinson

“…challenging, innovative, and interdisciplinary… to address the world’s problems.” - Founder and Father of the Quantitative Easing (QE), Prof. Dr. Richard Werner, Oxford University, GB

“The real tragedy of the commons, as this book shows, is that we have allowed the most valuable social resources, our money and legal systems, to be employed for private gain instead of mobilizing them for social goals, not the least to ensure the survival of the human species on this planet.” - Best-selling author of ‘Th.

Weight: 371g
Dimension: 235 x 155 (mm)
ISBN-13: 9783031232848
Edition number: 1st ed. 2023