Press Release: Women Leaders for Peace – International Women’s Day for Peace and Disarmament

May 24, 2017 – Women in peace and disarmament processes elevate the prospect of their success: The recipients of the Right Livelihood Award and members of the World Future Council released a statement today – Women Leading for Peace – to commemorate the International Women’s Day for Disarmament and Peace.
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May updates from the WFC!

https://www.facebook.com/wfc.goodpolicies https://twitter.com/Good_Policies https://www.linkedin.com/company/world-future-council


NEWSLETTER
MAY 2017
Donate Now (https://www.worldfuturecouncil.org/donate/)
MAKING A DIFFERENCE
MEANS MAKING DECISIONS
Dear Friends & Supporters,

If we’re talking about a global change, we must not forget that everyone should be on board to make it happen. In this month’s Newsletter, we are not only presenting the official launch of the F20 Platform - but we are also giving examples of somewhat underestimated change-makers with a surprisingly big impact: Climate vulnerable countries committing to 100% Renewable Energies, and students making sustainable shopping decisions.

Whether in politics, business or in private life: Decisions we make today will have consequences for many generations to come!
Jakob von Uexkull, Alexandra Wandel & Stefan Schurig
The Management Board
F20 PLATFORM OFFICIALLY LAUNCHED (http://www.foundations-20.org/news.html)
http://www.foundations-20.org/news.html
Foundations take a stand: Bridging the gap between the 20 most important industrial countries and emerging economies (G20), the private and financial sector as well as civil society, the F20 Platform's objective is to support the implementation of the Agenda 2030, climate projects, and the deployment of renewable energies. The F20 platform, consisting of more than 30 foundations from eight countries, was launched officially this month. In total, the foundations represent a capital in the double-digit billion range (US dollars).
FIND OUT MORE (http://www.foundations-20.org/news.html)
FINANCING 100% RE IN CLIMATE VULNERABLE COUNTRIES (https://www.worldfuturecouncil.org/financing-100-re-in-cvf-countries/)

The great outcome of COP22 in Morocco 2016 was that 48 members of the Climate Vulnerable Forum (CVF) committed to implementing 100% Renewable Energy in their countries. But how can this transition be financed considering their developing country statuses? WFC Staff Dr. Matthias Kroll and Anna Leidreiter propose an efficient apporach to finance 100% RE, involving G20 members to avoid further debt burdening of vulnerable countries.
https://www.worldfuturecouncil.org/world-future-forum-10th-annual-meeting-world-future-council-bregenz/https://www.worldfuturecouncil.org/bregenz-declaration-call-collective-consciousness/READ THE FULL ARTICLE (https://www.worldfuturecouncil.org/financing-100-re-in-cvf-countries/)
SHOPPING & SUSTAINABILITY: SCHOOL EVENT IN HAMBURG (https://www.worldfuturecouncil.org/shopping-and-sustainability-event/)

For most young people, the way they dress is an important form of self-expression, and therefore a vital part of their identity - but their impact as consumers is oftentimes overlooked. How is a young person able to make sustainable decisions as a consumer? WFC Project Manager Samia Kassid went to speak in front of an international student audience in Hamburg, to talk about child rights, child labour and sustainable shopping.
READ FULL REPORT (https://www.worldfuturecouncil.org/shopping-and-sustainability-event/) https://www.worldfuturecouncil.org/de/frieden-und-abruestung/
UPCOMING EVENTS
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Policy Debate on Cross-Border Cooperation for Renewable Energy in Brussels
Tuesday, 6 June, 2:00 - 6:00 pm
MORE INFOS (https://www.worldfuturecouncil.org/driving-regional-cooperation-for-renewables-european-union/) │ REGISTER NOW (https://docs.google.com/a/worldfuturecouncil.org/forms/d/e/1FAIpQLSeQ-Maw5ODHNzNcRbIlj9jSGJhykFWbjfNV5mPWzZVL93WAZg/viewform)
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Charity Concert in Berlin, Germany
Monday, 4 September, 7:00 pm
MORE INFOS (https://www.berlinerfestspiele.de/en/aktuell/festivals/musikfest_berlin/programm_mfb/mfb17_programm_gesamt/mfb17_veranstaltungsdetail_201821.php)
LATEST VIDEOS
Recently, we published an excerpt from Dr. Auma Obama's inspiring speech on the importance of the WFC's work at this year's World Future Forum in Bregenz. Watch the video (https://www.youtube.com/watch?v=8Iquq19rzPo)
Developing their new Children's Act, Zanzibar gave children a parttaking in decision-making. We visited the Zanzibar Youth Council to hear their story. Watch the video (https://www.youtube.com/watch?v=85B1PeeXwpo) BRAND NEW PUBLICATIONS Our new report about debt and assets helps to understand the balance of global wealth and debt by illustrating the important distinction of the individual and the macroeconomic perspective on the economy. Read more (https://www.worldfuturecouncil.org/debt-asset-macroeconomic-perspective/) Financial institutions and governments are keen to stress that regulation should not unnecessarily burden the financial sector. How can the public interest be effectively protected and strengthened? Read more (https://www.worldfuturecouncil.org/financial-market-reform-strengthening-public-interest/) An increasing number of refugees worldwide are women and children. How can we better protect these women and girls from violence? This report highlights some exemplary practices and initiatives. Read more (https://www.worldfuturecouncil.org/protecting-refugee-women-and-girls-from-violence/) Want to make a difference in 2017? Become a WFC Supporter! We give a voice to future generations and stand up for their rights by providing policy tools to empower millions of people around the world. Become a supporter to make the world a more sustainable place. MORE INFORMATION (https://www.worldfuturecouncil.org/supporter/) Contact us World Future Council Lilienstraße 5-9 Hamburg 20095 Germany info@worldfuturecouncil.org (mailto:info@worldfuturecouncil.org) About this newsletter

Shopping and Sustainability: Erasmus+ project to raise awareness in young people

WFC Project Manager Samia Kassid and Tina Stridde from Cotton made in Africa talk to students about child rights, child labour and sustainable shopping

If we talk about future generations, we must talk about young people. They are the decision-makers of the future – but what is oftentimes forgotten, they are decision-makers today as well: For most children, teenagers and young adults, the way they dress is an important form of self-expression, and therefore a vital part of their identity. But due to lack of awareness – and, very possibly, lack of funding – affordable clothes are most often the first choice. So how is a young person, who is not familiar with the production chain of the textile industry, and the various forms of exploitation within this chain, able to make sustainable decisions as a consumer?

Read more

Policy Roadmap for 100% Renewable Energy and Poverty Eradication in Tanzania

HBS Report Study Cover

Abstract

In November 2016 at the UN COP22 in Marrakesh/ Morocco, 48 countries committed to strive to meet 100% domestic renewable energy production as rapidly as possible while working to end energy poverty, protect water and food security, taking into consideration national circumstances. These 48 countries are among the most vulnerable countries and are united as the Climate Vulnerable Forum (CVF). Tanzania is one of these countries.

This report suggests concrete political measures and outlines necessary governmental action to operationalize the target. It captures reflections, experiences and concrete recommendations articulated by Tanzanian stakeholders to scale up Renewable Energy (RE) while spurring sustainable development and eradicating poverty in the East African country.

April news from the WFC!

NEWSLETTER
April 2017
Jetzt Spenden (https://www.worldfuturecouncil.org/de/spenden/)
RÜCKBLICK AUF EIN ERFOLGREICHES
WORLD FUTURE FORUM 2017
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Liebe Freunde und Unterstützer des WFC,
wir dürfen auf ein sehr produktives World Future Forum 2017 zurückblicken, das mit einer wegweisenden Veröffentlichung geschlossen hat -- der Bregenzer Erklärung. Sie geht die größten Herausforderungen unserer Zeit an: Unter anderem stehen der Einsatz für 100% Erneuerbare Energien, die Umleitung von Rüstungsausgaben zugunsten nachhaltiger Projekte und der Schutz von Kinderrechten auf der Agenda. Unsere Ratsmitglieder und Mitarbeiter arbeiten mit großem Engagement dafür, diese und andere Ziele umzusetzen. Denn wir sind der Überzeugung, dass die Antworten auf die Fragen und Herausforderungen unserer Zeit bereits existieren. Also warum mit Problemen leben, die man lösen kann?
Jakob von Uexkull, Alexandra Wandel & Stefan Schurig
WFC Vorstand
BREGENZER ERKLÄRUNG: RATSMITGLIEDER RUFEN ZU EINEM GEMEINSAMEN BEWUSSTSEIN AUF

Oben: WFC Ratsmitglieder beim World Future Forum 2017 im Festspielhaus Bregenz.
„Wenn wir den Kurs nicht ändern, steuern wir auf nie dagewesene Gefahren und Konflikte zu, die – in absehbarer Zeit – sogar das Ende der menschlichen Zivilisation bedeuten können.“, erklärte Jakob von Uexküll auf der Pressekonferenz, die das jährliche World Future Forum eröffnete. Ähnlich drastisch formuliert der World Future Council seine Einschätzung der aktuellen Lage in seiner „Bregenzer Erklärung“. Bei dem Gipfeltreffen diskutierten die 50 Persönlichkeiten aus Politik, Wissenschaft, Wirtschaft und Kultur im Bregenzer Festspielhaus das Arbeitsprogramm für 2017/18.
LESEN SIE DIE GESAMTE BREGENZER ERKLÄRUNG (https://www.worldfuturecouncil.org/de/bregenzer-erklaerung-aufruf-zu-einem-gemeinsamen-bewusstsein/)
EINE ZUKUNFT MIT 100% ERNEUERBAREN ENERGIEN (https://www.worldfuturecouncil.org/policies-improve-access-work-people-disabilities-awarded-vienna/)

Der neue „REN21 Erneuerbare Energien“-Report zu den Möglichkeiten und Herausforderungen der Umstellung auf 100% erneuerbare Energien wurde nun veröffentlicht. 114 anerkannte Energieexperten aus aller Welt stellen ihre Sicht der Dinge dar. 70 Prozent von ihnen sind der Meinung, dass eine globale Energiewende machbar und realistisch ist.
MEHR (ENGLISCH) (https://www.worldfuturecouncil.org/policies-improve-access-work-people-disabilities-awarded-vienna/) https://www.worldfuturecouncil.org/de/frieden-und-abruestung/
VERANSTALTUNGSHINWEIS
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Diskussion zur grenzüberschreitenden Kooperation für erneuerbare Energien, Brüssel
Dienstag, 6 Juni, 14:00 - 18:00 Uhr
MEHR INFOS (ENG) (https://www.worldfuturecouncil.org/driving-regional-cooperation-for-renewables-european-union/) │ REGISTRIERUNG (https://docs.google.com/a/worldfuturecouncil.org/forms/d/e/1FAIpQLSeQ-Maw5ODHNzNcRbIlj9jSGJhykFWbjfNV5mPWzZVL93WAZg/viewform)
FUTURE POLICY AWARD 2017: DESERTIFIKATION BEKÄMPFEN

Trockengebiete bedecken über 30% der Erdoberfläche, Tendenz steigend. Sie sind von exzessiver Ausbeutung und Klimavariabilität bedroht. Durch die Ausbreitung der Wüsten ist der Lebensraum von 135 Millionen Menschen in Gefahr. In diesem Jahr sollen mit dem Future Policy Award Initiativen ausgezeichnet werden, die Desertifikation und Landverödung erfolgreich bekämpfen. Unsere Suche nach den besten Gesetzen und Initiativen hat bereits begonnen.
MEHR LESEN (https://www.worldfuturecouncil.org/de/p/2017-desertifikation/)
QUALIFIZIERUNG UND WIRTSCHAFTLICHE EMANZIPATION

Wie kann man das Recht auf berufliche Bildung, Ausbildung und Beschäftigung, wie in Artikel 7 des UN-Übereinkommens für die Rechte von Menschen mit Behinderungen beschrieben, gewährleisten? Welche innovativen Verfahrensweisen und Praktiken existieren bereits? Diese und andere Fragen wurden bei einer Nebenveranstaltung der 34. ordentlichen Sitzung des UN-Menschenrechtsrates in Genf diskutiert.
ZUM ARTIKEL (ENGLISCH) (https://www.worldfuturecouncil.org/un-human-rights-council-skills-development)
INTERNAT. GLOBAL COMPACT AWARD
FÜR DR. AUMA OBAMA
http://www.presseportal.de/pm/31385/3610332
WFC-Ratsmitglied sowie Initiatorin und Vorstandsvorsitzende der Sauti Kuu-Stiftung, Dr. Auma Obama erhält den Internationalen Global Compact Award für ihren engagierten Einsatz für eine nachhaltige, langfristig wirksame Entwicklungszusammen-arbeit. Sie wird den Preis im Oktober 2017 entgegennehmen.
ZUM PRESSEBERICHT (http://www.presseportal.de/pm/31385/3610332)
DR. MICHAEL OTTO ERHÄLT DEN DEUTSCHEN CSR-PREIS 2017
http://www.ottogroup.com/de/newsroom/meldungen/Dr-Michael-Otto-erhaelt-Deutschen-CSR-Preis-2017.php"
Dr. Michael Otto, WFC-Ehrenratsmitglied, Unternehmer und Vorsitzender des Aufsichtsrats der Otto-Gruppe wurde am 4. April mit dem renommierten „Deutschen CSR-Preis für herausragendes CSR-Engagement“ (CSR-Award) ausgezeichnet.
ZUR STELLUNGNAHME (http://www.ottogroup.com/de/newsroom/meldungen/Dr-Michael-Otto-erhaelt-Deutschen-CSR-Preis-2017.php)
DR. IBRAHIM ABOULEISH WIRD 80

Der World Future Council gratuliert Dr. Ibrahim Abouleish: Das WFC-Ratsmitglied, "Right Livelihood Award"-Preisträger (http://www.rightlivelihoodaward.org/laureates/ibrahim-abouleish-sekem/) und Gründer & Vorsitzeder von SEKEM (http://www.sekem.com/en/about/founders/dr-ibrahim-abouleish/) wird in diesem Jahr 80. 1977 gründete Dr. Abouleish in Ägypten die Entwicklungsinitiative SEKEM - das erste ganzheitliche Unternehmen für die Entwicklung biodynamischer landwirtschaftlicher Methoden. Er ist zudem Gründer der Heliopolis Universität und Träger des Bundesverdienstkreuzes. Dr. Abouleish zeichnet sich durch seinen vorbildlichen Dienst in Sachen nachhaltiger Entwicklung aus.

“Nachhaltige Entwicklung gehört zu den größten Aufgaben der Menschheit und bedeutet, dass wir heute die Grundlagen schaffen müssen, die auch unseren zukünftigen Generationen ein würdevolles Leben ermöglichen.” Dr. Ibrahim Abouleish
MEHR ÜBER IBRAHIM ABOULEISH (https://www.worldfuturecouncil.org/de/p/dr-ibrahim-abouleish/) https://www.worldfuturecouncil.org/de/frieden-und-abruestung/
AKTUELLE PUBLIKATIONEN (https://www.worldfuturecouncil.org/media-room/publications/)

Eine wachsende Zahl von Flüchtlingen weltweit sind Frauen und Kinder. Wie können wir diese Frauen und Mädchen besser vor Gewalt schützen? In diesem Bericht stellen wir einige beispielhafte Praktiken und Initiativen vor.
Mehr erfahren (https://www.worldfuturecouncil.org/de/gefluechtete-frauen-und-maedchen-vor-gewalt-schuetzen/)

Die Rüstungsindustrie nutzt ihre Macht, um die Militärausgaben der Regierungen hoch zu halten. Diese Studie präsentiert Ideen, wie Entscheidungsträger überzeugt werden können, dieses Budget zu nutzen, um nachhaltige Programme zu finanzieren.
Mehr erfahren (ENG) (https://www.worldfuturecouncil.org/move-nuclear-weapons-money/)

3 Milliarden Menschen weltweit nutzen traditionelle Brennstoffe. Abholzung, Bodenerosion und Verlust der Biodiversität sind die verheerende Folge. Dieser Bericht bewertet verschiedene Wege zu nachhaltigen Lösungen - und die damit verbundenen Herausforderungen.
Mehr erfahren (ENG) (https://www.worldfuturecouncil.org/beyond-fire-achieve-sustainable-cooking/)
Dauerhaft Helfen durch regelmäßiges Spenden!
Werden Sie WFC-Förderer
Wir geben zukünftigen Generationen eine Stimme und kämpfen für ihre Rechte, indem wir politische Rahmenbedingungen für Millionen von Menschen verbessern und so nachhaltiges Handeln fördern. Mit einer Spende können Sie uns dabei helfen – und sehr viel Gutes bewirken.
WEITERE INFORMATION (https://www.worldfuturecouncil.org/de/foerderer/) EN
Kontakt
World Future Council
Lilienstraße 5-9 Hamburg
20095 Germany
info@worldfuturecouncil.org (mailto:info@worldfuturecouncil.org)

Financing 100% Renewable Energy in CVF Countries with G20 central banks approved ‘Green Climate Bonds’

A comment by Dr. Matthias Kroll, Chief Economist in the Future Finance department at the World Future Council, and Anna Leidreiter, Senior Programme Manager – Climate, Energy and Cities.

With the landmark Paris Agreement adopted in December 2015, governments committed to endeavour to keep global warming below 1.5 °C and set a deadline for net zero greenhouse gas emissions in the second half of this century. This historic agreement signals what lies ahead: the unprecedented and complete decarbonisation of the energy systems, transforming it to 100% renewable energy within the next few decades.
And it is indeed the most climate vulnerable countries that are pioneering this global transformation. In the Marrakech Vision, which was adopted at the 2016 Forum meeting at COP22, the 48 members of the Climate Vulnerable Forum (CVF) paved the way to unprecedented climate action, striving to meet 100% domestic renewable energy production as rapidly as possible. To implement these actions, the developing countries advocate for an “international cooperative system” and for “attaining a significant increase in climate investment in […] public and private climate finance from wide ranging sources, including international, regional and domestic mobilization.” However, the question remains:

How can we unlock the needed money at scale and speed?

For developing nations, such as the Climate Vulnerable Forum members, that do not have yet the necessary domestic industry, implementing 100% RE means in a first phase importing the technology from industrialised countries. Hence there is a high demand for the related foreign currencies. For this, according to common trade practice, a developing country has to raise its exports to the applicable industrialised countries or running into debt to gain the needed currencies. However, this is not only time consuming but also implies a future debt burden in a nondomestic currency and the related current account problems. Therefore it is not an option for implementing the Marrakesh Vision, in particular the transformation to 100% RE.

Using private capital is only possible if there is already sufficient financial return to cover interest and reimbursement costs of the provided credits. But the bulk of the needed RE-Investments in most of the 48 developing countries have – under the current conditions – too little commercial profitability for dealing with private credits.

Thus, one way to accelerate RE-Investments would be to improve economic conditions by using grants from public money from the industrialised countries (e.g. for debt guarantees or feed-in tariffs). However, to reach the goal of the Paris agreement by matching public grants with private capital, yearly sums considerable larger than 100bn from national budgets are needed, which still seems very questionable. Especially since previous experiences with getting financial commitments from taxes or semi-public funds – such as from emissions trading – also tell us that the sums provided regularly fall short of what has been promised. Thus, the crucial question is: How can CVF members gain the necessary large scope of financial grants from industrialised countries for the rapid implementation of a domestic 100% RE infrastructure?

Establishing a new grant system by issuing standardised ‘Green Climate Bonds’ to the G20 central banks

An alternative way could be the involvement of the central banks of the G20 or other industrialized countries. Central banks can never become insolvent in their own currency due to their monopoly of issuing the legal tender – even if they purchase non-performing assets. The economic potential of central banks was witnessed during the bank bailout, leaving no apparent reason why they should not contribute to saving the climate with a fraction of the funds previously used. The proposal is therefore that central banks of G20 countries would continue doing what most of them have done to combat the effects of the financial crisis: Buying bonds to create new liquidity. So, instead of talking about “QE for the banks” we should focus on “QE for the climate”.

Creating a win-win situation

To finance the transformation to 100% Renewable Energy in the 48 CVF countries, G20’s central banks would buy standardised “Green Climate Bonds” issued by MDBs, the GCF or any other appointed financial institution engaged in climate finance, and finance concrete RE investment projects in the concerned developing countries, rather than investing in existing financial assets.

The standardised Green Climate Bonds should have a perpetual duration and would ideally only bear small, if any, interest rates. Due to their very long term, Green Climate Bonds would become permanent assets of the central banks and thus form the foundation of regular money creation. This would ensure that the CVF countries are at the receiving end of new and virtually non-repayable money, with which they can increase the profitability of many existing climate protection investments. When G20’s central banks buy new Green Climate Bonds, and record this in their balance sheets, they also gain a new monetary policy tool. The advantage of this new tool is that it leads directly to the purchase of new goods and services in their own countries. The real economy is thus stimulated without a need for the usual detour of credit creation by private banks. This means that no new debtors and creditors need to be found. The new money is created, debt-free. If CVF countries purchase new RE equipment in industrialized countries, the new money will be channel back into the system of the industrialised nation’s banks, and their reserves at the central bank would rise.[1]

From vision to action: how to realise this innovation?

To benefit from the new grant system from the G20 states, the CVF states have to develop a national roadmap which describes how to reach a domestic 100% RE production and the related infrastructure (e.g. grids and energy storage) in the quickest way. This roadmap has to indicate how many RE investments are already profitable, how many RE investments could be initiated if there is a credit guarantee from G20 states and how many RE investment is needed which requires an additional grant to gain profitability. By defining the profitability, it has to be taken into account that the price for the RE electricity is in line with the SDG goal of an affordable energy access for all. A key principle in designing these roadmaps should be ‘money only against performance’ (e.g. generating RE electricity and feed it into the grid).

The completed roadmap has to indicate the needed amount of grants and the needed currencies for importing the RE equipment from the industrialised countries (in the long term, production of RE equipment should also take place in the CVF countries). Then the involved MDBs, GCF or other appointed financial institutions issue standardised ‘Green Climate Bonds’ with perpetual maturity and sells the bonds to the related central banks which are the producer of the currency. The central banks pay for the Bonds with new money in their own currency and the MDBs or other financial institutions could finance the grants for the 100% RE transition in a perpetual way.

The amount of the new Green Climate Bonds which are purchased by the central banks has to be in line with the normal long term increase of the money supply. This ensures that the central banks could continue with operating their usual monetary policy in an independent way. To prevent any currency imbalances the central banks should among themselves accept the new standardised ‘Green Climate Bonds’ as a new kind of exchange reserves.

The benefit for the G20 states of such a new grant system is that it financed an additional demand from the CVF states (which would otherwise not happen), which leads to more domestic employment, higher revenues and increasing tax receipts. The G20 states could now transfer a huge amount of financial means to the CVF states to improve the local energy infrastructure, stimulate the domestic economy, stabilise the overall political situation and prevent global climate change without burden their national budget.

The benefit for the CVF states is that they can build up a renewable energy based economy without the needs to get foreign currency in advance by increasing their exports and without falling in debt at foreign creditors. Reliable energy supply would boost socio-economic development, provide access to those who are currently excluded and therefore can lift people out of poverty . With the new generated (domestic) renewable energy they could also substitute the import of coal, oil and natural gas. The saved foreign exchange can help financing sustainable development. Further, building the domestic renewable energy infrastructure, jobs particularly in installations and maintenance as well as regional demand for RE industry will be created.

The time is now

Therefore, CVF members are recommended to submit a proposal to the G20 which demonstrates how the G20 members could channel financial means for the 100% RE transition to the CVF states without a burden of their national budget.
If the RE investments reach the profit zone (due to credit guarantees or financial grants), it is also possible to engage private capital for co-financing. This could increase the amount of financial means in a significant scale.
This proposal is feasible also if some G20 states join. If central banks of only a few G20 countries (and other advanced economies) commit themselves to purchase the new standardised Green Climate Bonds, the grand system could start on a smaller level related to size of the participated countries.

 


 

 

[1] Should excess reserves result, the banks could reduce these reserves by lowering their refinancing at the central bank. The money supply would thus fall again. Banks would reduce their reserves at the central bank, which they do not need to refinance credit creation, and thereby reduce the money supply, because of the endogeneity of the money supply. The Bank of England has recently identified this as the correct description of monetary policy practice. cf. Bank of England: “Money creation in the modern Economy”, in: Quarterly Bulletin, Vol. 54, No. 1, 2014, Q1. The effect of the endogeneity of the money supply is especially important when central banks buy more Green Climate Bonds (for a short period of time as start up financing) than needed for actual money creation

Media Contacts

World Future Council
Dr. Matthias Kroll
Chief Economist – Future Finance
matthias.kroll@worldfuturecouncil.org

Anna Leidreiter
Senior Programme Manager – Climate, Energy and Cities
anna.leidreiter@worldfuturecouncil.org

 

WFC_-_Financing_the_1_5_limit_Policy_Brief_4_2015-Thumbnail

More about Financing the Green Climate Fund

Reaching the 1.5°C limit will have to involve upscaling and accelerating the move towards 100 percent renewable energy (RE). Therefore, investments from 1.5 to $2 trillion per year are necessary. To trigger sums of RE-investments (including private capital) on such a large scale, a large involvement of public grants (at least 300bn per year) will be necessary.

The only promising way to receive yearly public grants on that scale is the involvement of central banks (CBs) as the producer of all legal tender. CBs should purchase standardized ‘Green Climate Bonds’ to channel the so created new money to the Green Climate Fund, Multilateral Development Banks or other dedicated financial institution which are involved in climate finance. No additional debt burden of public budget is needed and CBs gain a new monetary tool to stimulate the economy in a direct way.

The proposed study demonstrates how the new money flows would be financing the global RE-transition.

UN Human Rights Council: Skills development and economic empowerment for all

Geneva, 17 March 2017How to assure the right to vocational education and training as well as employment as enshrined in article 27 of the UN Convention on the Rights of Persons with Disabilities? Which innovative practices and policies exist, and how to best cooperate to implement them and scale them up? Which ways forward to enhance further the inclusion of persons with disabilities in the implementation processes of the 2030 Agenda for Sustainable Development?
Read more

SHAPING THE FUTURE FOR 100% RENEWABLE ENERGY

114 renewable energy experts from around the world share their views on achieving 100% renewable energy by 2050

More than 70% of the experts interviewed for the new REN21 Global Future Report consider a global transition to 100% renewable energy to be both feasible and realistic. Especially European and Australian experts most strongly support this view. There is an overwhelming consensus that renewable power will dominate in the future, with many noting that even large international corporations are increasingly choosing renewable energy products either from utilities or through direct investment in their own generating capacity. In fact, the report highlights as well that numerous companies, regions, islands and cities have set 100% renewable energy targets already, proving that it is a matter of political will. Nearly 70% of those interviewed expect the cost of renewables to continue to fall, beating all fossil fuels within 10 years’ time. Wind and solar photovoltaic are in fact already cost-competitive with new conventional generation in most OECD countries. Countries as diverse as China and Denmark are demonstrating that GDP growth can be decoupled from increasing energy consumption. Read more

World Future Council publishes “Bregenz Declaration” at World Future Forum

Hamburg, 5 April 2017 – After the World Future Forum 2017 in Bregenz, Austria, the World Future Council now publishes its “Bregenz Declaration”. The Councillors from governments, parliaments, civil society, indigenous peoples, academia, the arts and business regard climate change and nuclear weapons as mayor thread for humanity.
Read more

The Bregenz Declaration – A Call to our Collective Consciousness

The World Future Council and all participants of the World Future Forum 2017 in Bregenz (c) Kongresskultur Bregenz. Photo by: Dietmar Mathis

We, the World Future Council commit to take action for systems change.

We commit ourselves to support the regeneration of our societies, our economies, our agriculture, our cities, our humanity and our Mother Earth, at this fragile moment in time when systems are disintegrating and degenerating.

Today, everyone’s actions – and failures to act – can decide the future of humanity.

 

 

If you, like us, believe this time of breakdown is and can be a time of breakthrough;

if you are willing to commit yourselves, as are we, to be the transformation that we know is possible;

if you, like us, see the compelling need for regenerative change –

join us.

Read more