Earth Sovereign Wealth Fund


 

The Earth Sovereign Wealth Funds will be one of the world’s
largest sovereign wealth funds. The fund is being established
by the Earth Dollar to implement the Living Economy which
restores Mother Earth and builds a thriving world, with a focus
on helping Indigenous Peoples and disadvantaged communities.

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Earth Sovereign Wealth Fund


 

The Earth Sovereign Wealth Funds will be one of the world’s largest sovereign wealth funds. The fund is being established by the Earth Dollar to implement the Living Economy which restores Mother Earth and builds a thriving world, with a focus on helping Indigenous Peoples and disadvantaged communities.

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THE EARTH SOVEREIGN WEALTH FUND

 

The Earth Sovereign Wealth Fund is being established by the Mother Earth Constitution to revitalize global economies. In particular, the Earth Sovereign Wealth Fund will benefit the Earth, humanity, and the Living Economy. In particular, during times of crisis – such as the ongoing Covid-19 pandemic crisis – sovereign wealth funds have been called upon to play an important role in helping to stabilize both national economies and the global financial system.

The Earth Sovereign Wealth Fund is a private sovereign investment fund comprised of surplus reserve money generated by the Earth Dollar, the Mother Earth Constitution, Free Nations (an abbreviation for Free Nations United to Heal Our Mother Earth) – an indigenous federation of nations, and Mother Earth Nation – a borderless nation for peace (“Sovereigns”).

Surplus reserve money can come from a variety of sources. Some sources are surplus reserves from Sovereigns’ natural resource revenues, trade surpluses, currency reserves, bank reserves that may accumulate from budgeting excesses, foreign currency operations, money from privatizations, and transfer payments.

The Earth Sovereign Wealth Fund’s targeted purpose is to fulfill the Enhanced Sustainable Development Goals, including ending global poverty, restoring the climate to pre-industrial conditions, revitalizing the Earth, supporting decentralization and blockchain technologies, which will include keeping the Living Economy healthy and strong.

THE EARTH SOVEREIGN WEALTH FUND

The Earth Sovereign Wealth Fund is being established by the Mother Earth Constitution to revitalize global economies. In particular, the Earth Sovereign Wealth Fund will benefit the Earth, humanity, and the Living Economy. In particular, during times of crisis – such as the ongoing Covid-19 pandemic crisis – sovereign wealth funds have been called upon to play an important role in helping to stabilize both national economies and the global financial system.

The Earth Sovereign Wealth Fund is a private sovereign investment fund comprised of surplus reserve money generated by the Earth Dollar, the Mother Earth Constitution, Free Nations (an abbreviation for Free Nations United to Heal Our Mother Earth) – an indigenous federation of nations, and Mother Earth Nation – a borderless nation for peace (“Sovereigns”).

Surplus reserve money can come from a variety of sources. Some sources are surplus reserves from Sovereigns’ natural resource revenues, trade surpluses, currency reserves, bank reserves that may accumulate from budgeting excesses, foreign currency operations, money from privatizations, and transfer payments.

The Earth Sovereign Wealth Fund’s targeted purpose is to fulfill the Enhanced Sustainable Development Goals, including ending global poverty, restoring the climate to pre-industrial conditions, revitalizing the Earth, supporting decentralization and blockchain technologies, which will include keeping the Living Economy healthy and strong.

EXPECTED SIZE OF THE EARTH SOVEREIGN WEALTH FUND

 

The Earth Sovereign Wealth Fund is expected to have assets of $1,000,000,000,000+, within 5 years of its launch. The Earth Sovereign Wealth Fund, once fully operational will be comparable to the Norway Government Pension Fund Global and the China Investment Corporation.

The amount of money in the Earth Sovereign Wealth Fund will be substantial. The Earth Sovereign Wealth Fund will be investing directly in sustainable industries that support the Living Economy and help fulfill the Enhanced Sustainable Development Goals.

EXPECTED SIZE OF THE EARTH SOVEREIGN WEALTH FUND

 

The Earth Sovereign Wealth Fund is expected to have assets of $1,000,000,000,000+, within 5 years of its launch. The Earth Sovereign Wealth Fund, once fully operational will be comparable to the Norway Government Pension Fund Global and the China Investment Corporation.

The amount of money in the Earth Sovereign Wealth Fund will be substantial. The Earth Sovereign Wealth Fund will be investing directly in sustainable industries that support the Living Economy and help fulfill the Enhanced Sustainable Development Goals.

ABOUT SOVEREIGN WEALTH FUNDS

 

Sovereign wealth funds (SWFs)  have been created by many different types of governments, democratic and autocratic, and are managed in many different structures, ranging from central banks to independent financial corporations.

One of the reasons that sovereign wealth funds have attracted more attention recently is their size.  The largest funds are very large. Sovereign wealth funds manage assets of more than $6 trillion, and public sector pension funds worldwide almost triple this figure. With a long-term investment horizon, these investors have great potential to contribute to sustainable development through investment in relevant sectors, such as infrastructure, agriculture, and healthcare.

Examples of governments that have established funds using oil revenues include Norway, Kuwait, Qatar, and the state of Alaska. Chile, Botswana, and Kiribati have established sovereign wealth funds based on their revenues from the sales of copper, diamonds, and phosphate. SWFs typically take a longer-term approach, where international equities, commodities, and private fixed income securities are used to achieve the long-run strategic and financial goals of a sovereign.

Some developed nations have established sovereign wealth funds using social security or government pension fund surpluses and contributions from taxes and other government revenues. 

These types of funds invest in a wide range of domestic and foreign assets to supplement the financing of social security or government pension programs.  Countries with this type of fund include France, Australia, and New Zealand. 

Other sovereign wealth funds have been established to make profitable use of foreign exchange accumulated as the result of trade imbalances or foreign exchange intervention.  Countries with this type of fund include Singapore, Korea, and China.

The Government Pension Fund Global, also known as the Oil Fund, was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector. It has over US$1 trillion in assets, including 1.3% of global stocks and shares, making it the world’s largest sovereign wealth fund. In May 2018 it was worth about US$195,000 per Norwegian citizen. The Norwegian government is free to use up to three percent of the fund’s volume annually for social purposes – that number currently amounts up to $33 billion.

ABOUT SOVEREIGN WEALTH FUNDS

 

Sovereign wealth funds (SWFs)  have been created by many different types of governments, democratic and autocratic, and are managed in many different structures, ranging from central banks to independent financial corporations.

One of the reasons that sovereign wealth funds have attracted more attention recently is their size.  The largest funds are very large. Sovereign wealth funds manage assets of more than $6 trillion, and public sector pension funds worldwide almost triple this figure. With a long-term investment horizon, these investors have great potential to contribute to sustainable development through investment in relevant sectors, such as infrastructure, agriculture, and healthcare.

Examples of governments that have established funds using oil revenues include Norway, Kuwait, Qatar, and the state of Alaska. Chile, Botswana, and Kiribati have established sovereign wealth funds based on their revenues from the sales of copper, diamonds, and phosphate. SWFs typically take a longer-term approach, where international equities, commodities, and private fixed income securities are used to achieve the long-run strategic and financial goals of a sovereign.

Some developed nations have established sovereign wealth funds using social security or government pension fund surpluses and contributions from taxes and other government revenues.

These types of funds invest in a wide range of domestic and foreign assets to supplement the financing of social security or government pension programs.  Countries with this type of fund include France, Australia, and New Zealand.

Other sovereign wealth funds have been established to make profitable use of foreign exchange accumulated as the result of trade imbalances or foreign exchange intervention.  Countries with this type of fund include Singapore, Korea, and China.

The Government Pension Fund Global, also known as the Oil Fund, was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector. It has over US$1 trillion in assets, including 1.3% of global stocks and shares, making it the world’s largest sovereign wealth fund. In May 2018 it was worth about US$195,000 per Norwegian citizen. The Norwegian government is free to use up to three percent of the fund’s volume annually for social purposes – that number currently amounts up to $33 billion.

HISTORY OF SOVEREIGN WEALTH FUNDS

 

The first sovereign wealth funds were established alongside the initial oil strikes in the Persian Gulf states in the 1950s—the Kuwaiti Investment Board, for example, began in 1953 to manage the “excess” oil revenues Kuwait was expected to garner in the coming years. The next wave of funds was established during the oil boom of the 1970s.

Oil exporters such as the United Arab Emirates, Saudi Arabia, and Alberta used their SWFs as a way to absorb excess liquidity that could potentially overheat their economies. Recently, another oil and natural resources boom—alongside a massive buildup of foreign exchange reserves among non-commodity exporters—has spurred a new group of countries to establish sovereign wealth funds.

These countries, including South Korea, Venezuela, Iran, and Algeria, are much more geographically and economically diverse than their older counterparts. Many of these newer funds represent countries that are not commodity exporters, are not necessarily facing excessive financial liquidity, and are oftentimes still quite economically underdeveloped—a far cry from the “overabundance” scenarios that spurred the first two rounds of sovereign funds. Additionally, in the last ten years, the scope and size of all sovereign funds have changed.

(Source: Davies, Steve. “UNI Sindicato Global y los fondos de capital de inversión.” Policy brief prepared for the 10th Meeting of the UNI World Executive Committee. New Delhi, India, September 2007.)

HISTORY OF SOVEREIGN WEALTH FUNDS

 

The first sovereign wealth funds were established alongside the initial oil strikes in the Persian Gulf states in the 1950s—the Kuwaiti Investment Board, for example, began in 1953 to manage the “excess” oil revenues Kuwait was expected to garner in the coming years. The next wave of funds was established during the oil boom of the 1970s.

Oil exporters such as the United Arab Emirates, Saudi Arabia, and Alberta used their SWFs as a way to absorb excess liquidity that could potentially overheat their economies. Recently, another oil and natural resources boom—alongside a massive buildup of foreign exchange reserves among non-commodity exporters—has spurred a new group of countries to establish sovereign wealth funds.

These countries, including South Korea, Venezuela, Iran, and Algeria, are much more geographically and economically diverse than their older counterparts. Many of these newer funds represent countries that are not commodity exporters, are not necessarily facing excessive financial liquidity, and are oftentimes still quite economically underdeveloped—a far cry from the “overabundance” scenarios that spurred the first two rounds of sovereign funds. Additionally, in the last ten years, the scope and size of all sovereign funds have changed.

(Source: Davies, Steve. “UNI Sindicato Global y los fondos de capital de inversión.” Policy brief prepared for the 10th Meeting of the UNI World Executive Committee. New Delhi, India, September 2007.)

THE EARTH DOLLAR

 

The Earth Dollar is a currency based on LOVE and backed by the health and wellness of Mother Earth (Natural Capital Assets). The Earth Dollar was created for the love of the Earth and all life that dwells on her. Since love is difficult to quantify, up to $5.28+ trillion in Real Assets, including nature-based land assets called Natural Capital Assets have been pledged on-chain to back the Earth Dollar in order to restore the Earth and the climate, while simultaneously ending global poverty. The Earth Dollar provides liquidity to reinvigorate the global economy ravaged by the impact of the COVID-19 pandemic, climate change, unsustainable cities, the extinction of species, joblessness, poverty, rising cancer, and disease rates, and other crises without putting an extra debt burden on countries and taxpayers.

The initial assets pledged consist of platinum group metals (gold, silver, platinum, palladium, rhodium, carbon credits, spring water, etc.), along with residential properties, and commercial properties, Natural Capital Assets, real estate assets, manufactured assets, and creative assets via NFTs. These are only the initial Assets pledged to back the Earth Dollar; we expect even more assets in the future.

Earth Dollar will be a Carbon-Negative Asset-Backed Private Community Currency of the Earth Dollar Association and Utility Currency to pay for nodes, decentralized CPU Power, decentralized GPU Power and decentralized Storage Space on the Mother Earth Supercomputer (& Blockchain) (aka as the Mother Earth Supercomputer (aka Mother Earth OS)), one of the world’s fastest decentralized supercomputers which can process up to 1 million transactions per second to run the Living Economic System, DApps, real-time games, telecommunications, smart-contracts, IoT and more.

THE EARTH DOLLAR

 

The Earth Dollar is a currency based on LOVE and backed by the health and wellness of Mother Earth (Natural Capital Assets). The Earth Dollar was created for the love of the Earth and all life that dwells on her. Since love is difficult to quantify, up to $5.28+ trillion in Real Assets, including nature-based land assets called Natural Capital Assets have been pledged on-chain to back the Earth Dollar in order to restore the Earth and the climate, while simultaneously ending global poverty. The Earth Dollar provides liquidity to reinvigorate the global economy ravaged by the impact of the COVID-19 pandemic, climate change, unsustainable cities, the extinction of species, joblessness, poverty, rising cancer, and disease rates, and other crises without putting an extra debt burden on countries and taxpayers.

The initial assets pledged consist of platinum group metals (gold, silver, platinum, palladium, rhodium, carbon credits, spring water, etc.), along with residential properties, and commercial properties, Natural Capital Assets, real estate assets, manufactured assets, and creative assets via NFTs. These are only the initial Assets pledged to back the Earth Dollar; we expect even more assets in the future.

Earth Dollar will be a Carbon-Negative Asset-Backed Private Community Currency of the Earth Dollar Association and Utility Currency to pay for nodes, decentralized CPU Power, decentralized GPU Power and decentralized Storage Space on the Mother Earth Supercomputer (& Blockchain) (aka as the Mother Earth Supercomputer (aka Mother Earth OS)), one of the world’s fastest decentralized supercomputers which can process up to 1 million transactions per second to run the Living Economic System, DApps, real-time games, telecommunications, smart-contracts, IoT and more.

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.