SEED-IDEA – Securing Our Commons: New Forms of Financial Engineering to Secure Our (Global) Commons and Mobilise Trillions of Private Sector Liquidity

Given that 85% of our global wealth is privatised already and we have a lot of liquidity on the capital market, we need to look carefully at how we can generate the money we need without privatising the rest of our planet. Countries that have the possibility to print their own currency with a low convertibility rate require so called liquidity lines, in form of Central Bank Currency Swaps (CBCS) or repurchasing agreements (Repo) with central banks that provide a currency with a high convertibility rate. [...]we could start going direct: in addition to taxpayers' money and private equity for start-ups, SMEs and corporates, we could support central banks to provide additional liquidity to fund our common future.1 The World Bank, the IMF (via Special Drawing Rights), regional development banks (EIB, ADB, etc.) and IGOs such as the WHO would suddenly have enough upfront funding to tackle the next crisis, to implement disaster management responses, to start investing in pre-schooling, hospitals and universities, to reforest the Sahara, to create nature reserves around the world and to invest in renewables.