| Launch of our Index at the World Commons Forum in Salzburg on September 29-30 2009 |
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Financing the Commons - that will be the major issue of the presentation of the Global Commons Index and the Global Commons Fund at the World Commons Forum 2009 in Salzburg: - How to use methods of Asset Management to develop the Commons Are Commons assets? Looking back on centuries of exploiting limited natural resources the answer might be "No". Looking forward to widen the Commons by renewables, social and private Commons, the answer may be: "Yes!" The Commons finance dilemma is obvious. Only by exploiting existing Commons the taxes and private contributions can be generated to finance the protection of Commons. One solution: Composing a Commons portfolio to intermediate between existing, developing and future Commons.Two instruments will be proposed: 1) The composition of a National Commons Product as a total of natural, social and private public goods. That will be a serious challenge for the volatile and monetary current GDP. A Global Commons Index will enter the international index benchmarks. The index is looking for national and regional partners to measure their local commons. 2) The launch of a Global Commons Funds consisting of different asset classes such as real estate, stocks, private equity, credit and microcredit, state securities, bonds and development aid. The first fund will raise Sfr 10 billion and finance the development of local commons in three continents. The Commons Fund is looking for local projects to fund. |