EARTH SOVEREIGN WEALTH FUND
EARTH SOVEREIGN WEALTH FUND
The Earth Sovereign Wealth Funds is one of the world’s largest Sovereign Wealth Funds, created to restore Mother Earth, and to build a thriving world, with focus on Indigenous Peoples and the disadvantaged communities.
About the Earth Sovereign Wealth Fund
$4.43 trillion in assets from the Earth Sovereign Wealth Fund have been pledged to back the value of the Earth Dollar, and to implement the blockchain-based alternative Living Economic System. The Earth Dollar is anticipated to be one of the world’s largest sovereign asset-backed community currencies. The largest asset class being co-steward by the Earth Sovereign Wealth Fund is called Natural Capital Assets.
The Earth Sovereign Wealth Fund was created through the generous gift of socially conscious organizations and indigenous nations for the benefit of humanity and Mother Earth, with the Indigenous Peoples and the disadvantaged communities being the major beneficiaries of the fund.
We realize that the initial $4.43 trillion from our Earth Sovereign Wealth Fund is still far short of the $100 trillion in funding gap that is needed to achieve the Enhanced Sustainable Development Goals, so we are seeking additional humanitarian partners with dormant, unused, underused, undervalued and new assets to top up the Earth Sovereign Wealth.
The Earth Dollar is expected to be one of the world’s largest sovereign asset-backed community currencies.
How Much Assets Back Each Earth Dollar?
Each Earth Dollar is backed by $30 US of physical assets from the Earth Sovereign Wealth Fund, making the initial ratio of assets backing the Earth Dollar 30-to-1.
The Earth Dollar’s initial value will be debuting at $10 US. Therefore, Earth Dollar is one of the world’s most secured currencies, with 300% assets backing the initial value of the Earth Dollar. Since the entire $4.43 trillion assets are too large to deploy in one offering, we are planning to deploy the assets to back the Earth Dollar in stages, while always keeping the assets-to-value ratio a minimum of 30-to-1.
For the First Token Sale, we will be using $100 billion of assets in the form of Smart Asset Tokens representing precious metals (gold, silver, platinum, palladium, osmium, ruthenium, rhodium and iridium) and Reinsurance Tokens from the Earth Sovereign Wealth Fund to back the sale of the EarthDollar™ Token (an ERC20 Token).
The EarthDollar™ Tokens will be exchangeable directly into Earth Dollars upon activation of the Mother Earth Blockchain Network Platform. In the future, one EarthDollar™ Token will be exchangeable for one Earth Dollar on a 1-to-1 basis.
We feel launching the Earth Dollar in stages is the right way to go. We are starting with $100 billion in assets to back the EarthDollar™ Token and then scaling up to $4.43 trillion in asset backing.
The Earth Dollar and its Living Economic System have the potential to generate $100 trillion in new wealth to fulfill the Enhanced Sustainable Development Goals by 2030, including ending global poverty and restoring the climate.
What is Natural Capital?
Since the largest asset class being co-steward is Natural Capital Assets, let’s explore this asset class and why it is important to the survival of all life on the planet?
Humans derive a wide range of services from natural capital, which is also referred to as ecosystem services. This is what makes human life possible.
The most obvious ecosystem services include the food we eat, the water we drink and the plant materials we use for fuel, building materials and medicines. There are also other less visible ecosystem services such as climate regulation, natural flood defenses provided by forests, the billions of tons of carbon stored by peat lands, or the pollination of crops by insects. We must also include the cultural ecosystem services such as inspiration we get from wildlife and nature.
Earth Dollar is a contributing member of the Natural Capital Coalition. Our aim is to help write new protocols on Natural Capital.
What is the Natural Capital Accounting System?
The Earth Dollar is one of the world’s first currencies pegged to the Natural Capital Assets from the Earth Sovereign Wealth Fund.
The Natural Capital Accounting System makes the invisible values visible. The accounting system for Natural Capital is being steered by the Economics of Ecosystems and Biodiversity (TEEB) and is expected to replace the old U.S. GAAP accounting system by the year 2030 to fulfill the UN Sustainable Development Goals.
Natural Capital Accounting System (NCAS) is the process of calculating the total stocks and flows of natural resources and services in a given ecosystem or region.
It acts as an accounting tool that can help measure the full extent of a country’s natural assets (produced infrastructure, social and human natural resources) and give perspective on the link between the economy, ecology and our environment. Using living trees, fresh water, carbon credits and the treasures of Mother Earth to support the value of the Earth Dollar will reconnect humanity back the Source of Life. War, destruction of the environment, clear-cutting of trees, climate injustice, and other negative human behaviors are destroying our “home”.
The Earth Dollar is designed to increase in value when the environment is clean, the forests are thriving, there is peace, people are healthy, the community is strong, and people treat our home (planet Earth) with respect… bringing sustainable prosperity to everyone on Earth.
Total Economic Value of Nature (on the entire Earth) was estimated to be $145 Trillion USD per year in 2014.According to a study published in the journal "Nature" by Robert Costanza
What is the Total Value of Nature for the Entire Earth?
In an extensive study led by Robert Costanza, thirteen ecologists, economists and geographers estimated the global value of 17 ecosystem services at $145 trillion USD per year updated as of 2014. The results were published in the journal Nature. We believe the 2018 figures will be much higher due to inflation. Standard peer-review reports use a 100 year standard to estimate the value of nature. This figure did not include minerals, oil, fossil fuels, fresh water, the oceans, fishes, marine creatures, or other factors.
The Report on the Value of Nature
NATURAL CAPITAL IS THE FOUNDATION OF ALL OTHER CAPITAL
The world’s stock of natural assets includes geology, soil, air, water and all living things.
Earth Dollar Creates New Wealth on the Blockchain
Earth Dollar and its Living Economic System will prove that we can generate wealth, prosperity, and abundance that never existed before by caring for the Earth. This means we can unleash trillions of dollars of untapped wealth for the benefit of Mother Earth and the future of humanity.
New wealth is generated by modeling the World Bank’s Natural Capital Accounting System on the blockchain. This new wealth generation system changes our current economic system from extraction to restoration. The appreciating natural capital assets have been pledged by the Earth Sovereign Wealth Fund to back the value of the Earth Dollar. When more trees are planted, waters are cleaned and more food is grown, new wealth will be generated.
Earth Dollar represents the largest deployment of natural capital assets on the blockchain, which includes ecological services, natural resources, and social enterprises. These natural capital assets that are part of our World Heritage Sanctuaries are being co-stewarded in partnership with Indigenous Nations and local communities. The sanctuaries are protected from commercial exploitation and is expected to be restored to pristine conditions while lifting the people out of poverty. By incorporating the Natural Capital Accounting System on our blockchain platform, trillions of dollars of dormant assets can be freed up to revitalize global economies and to heal our planet. This is our Living Economic System.
Renewable natural capital assets such as spring water, carbon credits, medicinal plants, and sustainable industries can be monetized to create multiple revenue streams that support and add value to the Earth Dollar.