$145 trillion per year of Natural Capital Assets (on Earth) are currently unaccounted for, according to a study published in the journal “Nature” by Robert Costanza. 

These unaccounted-for assets can be easily brought on-chain through the Earth Dollar and the Living Economic System to generate wealth for the common good.

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, freshwater, the oceans, fishes, marine creatures, or other factors.

Abstract of Report can be viewed or purchased here.

In 1997, the global value of ecosystem services was estimated to average $33 trillion/yr in 1995 $US ($46 trillion/yr in 2007 $US). In this paper, we provide an updated estimate based on updated unit ecosystem service values and land-use change estimates between 1997 and 2011.

We also address some of the critiques of the 1997 paper. Using the same methods as in the 1997 paper but with updated data, the estimate for the total global ecosystem services in 2011 is $125 trillion/yr (assuming updated unit values and changes to biome areas) and $145 trillion/yr (assuming only unit values changed), both in 2007 $US.

From this, we estimated the loss of eco-services from 1997 to 2011 due to land-use change at $4.3–20.2 trillion/yr, depending on which unit values are used. Global estimates expressed in monetary accounting units, such as this, are useful to highlight the magnitude of eco-services but have no specific decision-making context. However, the underlying data and models can be applied at multiple scales to assess changes resulting from various scenarios and policies.

We emphasize that the valuation of eco-services (in whatever units) is not the same as commodification or privatization. Many eco-services are best considered public goods or common pool resources, so conventional markets are often not the best institutional frameworks to manage them. However, these services must be (and are being) valued, and we need new, common asset institutions to better take these values into account.

$145 trillion per year of Natural Capital Assets (on Earth) are currently unaccounted for, according to a study published in the journal “Nature” by Robert Costanza. 

These unaccounted-for assets can be easily brought on-chain through the Earth Dollar and the Living Economic System to generate wealth for the common good.

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, freshwater, the oceans, fishes, marine creatures, or other factors.

Abstract of Report can be viewed or purchased here.

In 1997, the global value of ecosystem services was estimated to average $33 trillion/yr in 1995 $US ($46 trillion/yr in 2007 $US). In this paper, we provide an updated estimate based on updated unit ecosystem service values and land-use change estimates between 1997 and 2011.

We also address some of the critiques of the 1997 paper. Using the same methods as in the 1997 paper but with updated data, the estimate for the total global ecosystem services in 2011 is $125 trillion/yr (assuming updated unit values and changes to biome areas) and $145 trillion/yr (assuming only unit values changed), both in 2007 $US.

From this, we estimated the loss of eco-services from 1997 to 2011 due to land-use change at $4.3–20.2 trillion/yr, depending on which unit values are used. Global estimates expressed in monetary accounting units, such as this, are useful to highlight the magnitude of eco-services but have no specific decision-making context. However, the underlying data and models can be applied at multiple scales to assess changes resulting from various scenarios and policies.

We emphasize that the valuation of eco-services (in whatever units) is not the same as commodification or privatization. Many eco-services are best considered public goods or common pool resources, so conventional markets are often not the best institutional frameworks to manage them. However, these services must be (and are being) valued, and we need new, common asset institutions to better take these values into account.

The Earth Dollar is an idea whose time has come. The Earth Dollar is a currency based on love and backed by the health and wellness of Mother Earth. The health and wellness of the Earth are measured by modeling the World Bank’s Natural Capital Accounting System on the blockchain. $5.28+ trillion in Real Assets, including nature-based land assets called Natural Capital Assets have been pledged to back the Earth Dollar to implement the concept.

The Dollar works with the Natural Capital Coalition consisting of over 380 banks, major organizations, and governments around the world. The Natural Capital Accounting System makes natural assets from nature visible, which is lacking in both GDP and GAAP (General Accepted Accounting Principles). 

A Natural Capital Declaration (NCD) was launched at the Rio+20 summit held in Brazil in June 2012. It values previously unaccounted for assets such as living trees, freshwater lakes, rivers, ecosystem services, and bioremediation. So, living trees have value without chopping them down, minerals have value without mining them, and lakes/rivers have value without exploiting them. Also, wildlife has value without killing it, and bees have value for pollination.

The idea of Natural Capital Assets being valuable is going mainstream. Water futures started trading on the Chicago Mercantile Exchange in December 2020.

On January 21, 2021, His Royal Highness Charles, The Prince of Wales formed a Natural Capital Investment Alliance to invest billions of dollars in natural capital opportunities. 

In March 2021, the United Nations adopted the SEEA Ecosystem Accounting at its 52nd session as a framework to integrate natural capital in economic reporting. 

In September 2021, the New York Stock Exchange (NYSE) announced a partnership with the Intrinsic Exchange Group (IEG) to list up to $125 trillion annually in Natural Asset Companies (NACs) publicly. NACs are a new category of organizations like the Earth Dollar which holds Natural Capital Assets. 

On December 21st, 2021, the Mexican Ministry of Finance announced they are creating a new cryptocurrency backed by $3.6 trillion of Natural Capital Assets similar to the Earth Dollar. The Earth Dollar is an idea whose time has come.

The Earth Dollar is an idea whose time has come. The Earth Dollar is a currency based on love and backed by the health and wellness of Mother Earth. The health and wellness of the Earth are measured by modeling the World Bank’s Natural Capital Accounting System on the blockchain. $5.28+ trillion in Real Assets, including nature-based land assets called Natural Capital Assets have been pledged to back the Earth Dollar to implement the concept.

The Dollar works with the Natural Capital Coalition consisting of over 380 banks, major organizations, and governments around the world. The Natural Capital Accounting System makes natural assets from nature visible, which is lacking in both GDP and GAAP (General Accepted Accounting Principles). 

A Natural Capital Declaration (NCD) was launched at the Rio+20 summit held in Brazil in June 2012. It values previously unaccounted for assets such as living trees, freshwater lakes, rivers, ecosystem services, and bioremediation. So, living trees have value without chopping them down, minerals have value without mining them, and lakes/rivers have value without exploiting them. Also, wildlife has value without killing it, and bees have value for pollination.

The idea of Natural Capital Assets being valuable is going mainstream. Water futures started trading on the Chicago Mercantile Exchange in December 2020.

On January 21, 2021, His Royal Highness Charles, The Prince of Wales formed a Natural Capital Investment Alliance to invest billions of dollars in natural capital opportunities. 

In March 2021, the United Nations adopted the SEEA Ecosystem Accounting at its 52nd session as a framework to integrate natural capital in economic reporting. 

In September 2021, the New York Stock Exchange (NYSE) announced a partnership with the Intrinsic Exchange Group (IEG) to list up to $125 trillion annually in Natural Asset Companies (NACs) publicly. NACs are a new category of organizations like the Earth Dollar which holds Natural Capital Assets. 

On December 21st, 2021, the Mexican Ministry of Finance announced they are creating a new cryptocurrency backed by $3.6 trillion of Natural Capital Assets similar to the Earth Dollar. The Earth Dollar is an idea whose time has come.

THE NAME

The word “Economy” comes (from the Ancient Greek word οἰκονομία (oikonomía), which means ‘management of a household, administration’; from οἶκος (oîkos) ‘household’, and νέμω (némō) ‘distribute, allocate’) is an area of the production, distribution and trade, as well as consumption of goods and services by different agents.

The Earth Dollar team from an indigenous point of view considers Mother Earth to be our home. Since the present-day Extractive Economic System generates wealth based on war, death, exploitation, and destruction of our homes as the basis of our present-day global economy. We call the Extractive Economic System, the Dead Economy; even the name mortgage comes from the French word meaning death pledge.

THE LIVING IS THE POLAR OPPOSITE OF THE EXISTING ECONOMY

As explained earlier, the Living Economic System is the polar opposite of the present-day parasitic Extractive Economic System.

The Living Economic System generates new wealth, prosperity, and abundance by protecting, restoring, and revitalizing Mother Earth, and all life that dwells on her. 

The Living Economic System is an alternative system built on the blockchain and will run parallel to the Extractive Economy.

The Living Economy is the polar opposite of the existing Extractive Economy. While the existing Extractive Economy generates wealth by destroying the Earth, the Living Economy will generate wealth by restoring it. This will create a counterbalance to the existing Extractive Economic System. 

THE NAME

The word “Economy” comes (from the Ancient Greek word οἰκονομία (oikonomía), which means ‘management of a household, administration’; from οἶκος (oîkos) ‘household’, and νέμω (némō) ‘distribute, allocate’) is an area of the production, distribution and trade, as well as consumption of goods and services by different agents.

The Earth Dollar team from an indigenous point of view considers Mother Earth to be our home. Since the present-day Extractive Economic System generates wealth based on war, death, exploitation, and destruction of our homes as the basis of our present-day global economy. We call the Extractive Economic System, the Dead Economy; even the name mortgage comes from the French word meaning death pledge.

THE LIVING IS THE POLAR OPPOSITE OF THE EXISTING ECONOMY

As explained earlier, the Living Economic System is the polar opposite of the present-day parasitic Extractive Economic System.

The Living Economic System generates new wealth, prosperity, and abundance by protecting, restoring, and revitalizing Mother Earth, and all life that dwells on her. 

The Living Economic System is an alternative system built on the blockchain and will run parallel to the Extractive Economy.

The Living Economy is the polar opposite of the existing Extractive Economy. While the existing Extractive Economy generates wealth by destroying the Earth, the Living Economy will generate wealth by restoring it. This will create a counterbalance to the existing Extractive Economic System. 

We have just completed an initial evaluation of the Real Assets backing the Earth Dollar. The Real Assets backing the Earth Dollar come mainly from private asset owners, including real estate assets (residential properties, and commercial properties), land, precious metals (in-ground assets of gold, silver, platinum, palladium, and rhodium), Natural Capital Assets (carbon credits, spring water, graphite, and titanium), commodities (hemp) and more assets are in negotiations.

Additional assets are being held in reserve, consisting of the above, plus the fruits of the land (ufructus) from our World Heritage Sanctuaries.

Note: within the World Heritage Sanctuaries, the fruits of the land (everything underground, on the ground, and in the air) are being insured against ecological damage. In the case of the World Heritage Sanctuaries, the insurance policies back the value of the Earth Dollar. No land has been pledged to back the Earth Dollar in the World Heritage Sanctuaries.

$5.28 trillion+ of Real Assets are being used to back the Earth Dollar Token Sale and the remaining assets are being held in reserve for future use.

The initial evaluation was calculated by economists using the Benefit Transfer Method (BTM) and cross-referenced with existing public data with the best available peer-reviewed ecological economics research from over 100 sources. 

Each Earth Dollar Token sold will initially be backed by $30 USD of physical assets with intrinsic value. In Year 3, the Earth Dollar is expected to be convertible to Real Assets such as physical “Numismatic” limited edition collectible commemorative coins made from 99.99% Pure Gold, Silver, Platinum, Palladium, and Rhodium designed by various artists, unique real estate and luxury homes, carbon-credits, one-of-a-kind luxury supercars, tailored hemp products, fresh spring water, etc. linked to NFTs, after the exchange value of the Earth Dollar against the USD exceeds $50 USD. Part of the Platinum Group Metals mined will be used to mint the collectible coins with partners such as Northwest Mint, and other coin issuers.

To convert to physical assets, first, you have to exchange the Earth Dollar for the Smart-Asset Tokens you want on an allied exchange and then exchange the Smart-Asset Tokens for Real Assets. 

We have just completed an initial evaluation of the Real Assets backing the Earth Dollar. The Real Assets backing the Earth Dollar come mainly from private asset owners, including real estate assets (residential properties, and commercial properties), land, precious metals (in-ground assets of gold, silver, platinum, palladium, and rhodium), Natural Capital Assets (carbon credits, spring water, graphite, and titanium), commodities (hemp) and more assets are in negotiations.

Additional assets are being held in reserve, consisting of the above, plus the fruits of the land (ufructus) from our World Heritage Sanctuaries.

Note: within the World Heritage Sanctuaries, the fruits of the land (everything underground, on the ground, and in the air) are being insured against ecological damage. In the case of the World Heritage Sanctuaries, the insurance policies back the value of the Earth Dollar. No land has been pledged to back the Earth Dollar in the World Heritage Sanctuaries.

$5.28 trillion+ of Real Assets are being used to back the Earth Dollar Token Sale and the remaining assets are being held in reserve for future use.

The initial evaluation was calculated by economists using the Benefit Transfer Method (BTM) and cross-referenced with existing public data with the best available peer-reviewed ecological economics research from over 100 sources. 

Each Earth Dollar Token sold will initially be backed by $30 USD of physical assets with intrinsic value. In Year 3, the Earth Dollar is expected to be convertible to Real Assets such as physical “Numismatic” limited edition collectible commemorative coins made from 99.99% Pure Gold, Silver, Platinum, Palladium, and Rhodium designed by various artists, unique real estate and luxury homes, carbon-credits, one-of-a-kind luxury supercars, tailored hemp products, fresh spring water, etc. linked to NFTs, after the exchange value of the Earth Dollar against the USD exceeds $50 USD. Part of the Platinum Group Metals mined will be used to mint the collectible coins with partners such as Northwest Mint, and other coin issuers.

To convert to physical assets, first, you have to exchange the Earth Dollar for the Smart-Asset Tokens you want on an allied exchange and then exchange the Smart-Asset Tokens for Real Assets. 

$5.28+ Trillion in Real Assets with intrinsic value is being tokenized to back the Earth Dollar. Real Assets include real estate assets (residential properties, and commercial properties), land, precious metals (in-ground assets of gold, silver, platinum, palladium, and rhodium), Natural Capital Assets (carbon credits, spring water, graphite, and titanium), commodities (hemp) and more. This will support the implementation of the Living Economic System.

This will help usher in a new alternative Living Economy and “Natural Capital Standard” centered on the health and wellness of the Earth. 

The Living Economic System is being created by modeling the World Bank’s Natural Capital Accounting System on the blockchain. This will allow the generation of new wealth, prosperity, and abundance by keeping fossil fuels in the ground, and by protecting, restoring, and revitalizing the Earth.

The Living Economic System changes our current economic system from extraction to restoration. When more trees are planted, waters are cleaned, more forests are protected, increase in biodiversity, and more food is grown, new wealth will be generated.

The Earth Dollar represents the largest deployment of Natural Capital Assets on the blockchain. The Earth Dollar will prove that we can generate new wealth, prosperity, and abundance by caring for the Earth.

The Living Economic System is designed to unleash trillions of dollars of new wealth, prosperity, and abundance to reinvigorate the global economy. 

This is done by registering, tracking, insuring, tokenizing, and monetizing trillions of dollars of Real Assets, including unused, untapped, underused, dormant, new, restored, and in-ground assets. Real Assets include real estate assets, land, precious metals, Natural Capital Assets, commodities, and more. If you are an asset owner, contact us to help you monetize your assets.

Note: Some of the Natural Capital Assets are part of our World Heritage Sanctuaries being co-stewarded in partnership with Indigenous Nations and local communities. The sanctuaries are protected from commercial exploitation by insurance policies; the insurance policies back the value of the Earth Dollar, not the land so they can never lose it.

$5.28+ Trillion in Real Assets with intrinsic value is being tokenized to back the Earth Dollar. Real Assets include real estate assets (residential properties, and commercial properties), land, precious metals (in-ground assets of gold, silver, platinum, palladium, and rhodium), Natural Capital Assets (carbon credits, spring water, graphite, and titanium), commodities (hemp) and more. This will support the implementation of the Living Economic System.

This will help usher in a new alternative Living Economy and “Natural Capital Standard” centered on the health and wellness of the Earth. 

The Living Economic System is being created by modeling the World Bank’s Natural Capital Accounting System on the blockchain. This will allow the generation of new wealth, prosperity, and abundance by keeping fossil fuels in the ground, and by protecting, restoring, and revitalizing the Earth.

The Living Economic System changes our current economic system from extraction to restoration. When more trees are planted, waters are cleaned, more forests are protected, increase in biodiversity, and more food is grown, new wealth will be generated.

The Earth Dollar represents the largest deployment of Natural Capital Assets on the blockchain. The Earth Dollar will prove that we can generate new wealth, prosperity, and abundance by caring for the Earth.

The Living Economic System is designed to unleash trillions of dollars of new wealth, prosperity, and abundance to reinvigorate the global economy. 

This is done by registering, tracking, insuring, tokenizing, and monetizing trillions of dollars of Real Assets, including unused, untapped, underused, dormant, new, restored, and in-ground assets. Real Assets include real estate assets, land, precious metals, Natural Capital Assets, commodities, and more. If you are an asset owner, contact us to help you monetize your assets.

Note: Some of the Natural Capital Assets are part of our World Heritage Sanctuaries being co-stewarded in partnership with Indigenous Nations and local communities. The sanctuaries are protected from commercial exploitation by insurance policies; the insurance policies back the value of the Earth Dollar, not the land so they can never lose it.