The Future We Need

Natural resources, esp minerals, a shared inheritance. Royalty is compensation for sale of minerals, not revenue.

[The Future We Need @thefutureweneed]

Minerals are a shared inheritance. It is our duty to ensure future generations inherit at least as much as we did. If we fulfill our duty, we may enjoy the fruits of our inheritance. A loss is a loss to all of us and all our future generations.
https://t.co/RwNZhxysYg

[Rahul Basu @rahulbasu]

@LizWebsterSBF Norway isn't building national wealth, it is converting its shared inheritance of oil into other forms of wealth that earn a real return. UK consumed the family silver.
@thefutureweneed
https://t.co/m1QDdpdsR5

[Equal Right @EqualRightOrg]

As the world arrives in Belém for COP30, Equal Right will be on the ground advocating for Cap and Share, Cash for Conservation and Basic Income for a Just Transition.

Our event agenda for the blue and green zones is below. If you're in Belém, please join us!

[Equal Right @EqualRightOrg]

Ahead of #COP30, we are launching out “Basic Income for a Just Transition” Paper, showing how unconditional cash can drive #ClimateJustice across 5 key #UNFCCC workstreams.
Read the paper here: https://t.co/3SyGzVlE25
#JustTransition #LossAndDamage #ClimateFinance

[Red Argentina de Ingreso Ciudadano @RedAIC]

Redaic es firmante junto con @EqualRightOrg @GiveDirectly @coolearth @BasicIncomeOrg
@ProjectDeepUCT @UBI4ALL_ @UBILabNetwork
@thefutureweneed @RCC_RDC de "Basic Income for a Just Transition". Ingreso ciudadano y cambio climático. Descarga aquí:
https://t.co/VzsOWsmVHB

[Goenchi Mati @GoenchiMati]

A different take on our talk at @MuseumOfGoa

[Goenchi Mati @GoenchiMati]

A report in @HeraldGoa on our talk at @MuseumOfGoa

[Equal Right @EqualRightOrg]

Today our Exec. Director @DrPatrickBrown attended a panel hosted by @fossiltreaty & chaired by former Irish President Mary Robinson. The discussion emphasised the need for collective action on #ClimateJustice & Ireland’s role as a global leader in addressing climate challenges 🌍

[The Future We Need @thefutureweneed]

Inter-State Dispute Settlement (ISDS) is an important process by which losses to foreign extractors get protections that can lead to severe issues. This short report quite eye-opening.
@GoenchiMati @goafoundation @PWYPtweets @_YLNM
https://t.co/loc7FfjMab

[The Future We Need @thefutureweneed]

Discounting is super important when we consider future generations. Basically, discounting treats future generations as lesser than the present generation, violating intergenerational equity.
@GoenchiMati @goafoundation
https://t.co/qKDbYk4wnX

[The Future We Need @thefutureweneed]

For the @UN #SummitoftheFuture, here's an imp paper by Dr. Edith Brown Weiss, where she revisits the Planetary Trust, the origin of the discussion on intergenerational equity in international environmental law. Our legal work is based on these ideas.
https://t.co/JUbgR8xKk5

[The Future We Need @thefutureweneed]

Current practices of natural resource extraction burden indigenous communities and deny future generations of their rightful share. Yet minerals are needed for development. How do we reconcile this?
@PWYPtweets @goafoundation @rights_mineral @_YLNM
https://t.co/GvalnU3Yne

[Intergenerational Foundation @inter_gen]

How do we share resources across the generations. Here are some ideas for #EarthDay2024

https://t.co/oABna6vTJF

[India Development Review @idr_online]

#Environment | Simon Taylor, Saswati Svetlana, Mike McCormack, Patrick Bond, and Rahul Basu explain how current practices of natural resource extraction burden indigenous communities and deny future generations of their rightful share. https://t.co/xgUTT1A1eJ

[The Future We Need @thefutureweneed]

Quebec's Generations Fund invests money they get from hydro, minerals, alcohol taxes, etc to help pay off Quebec's enormous govt debt. How? The Generations Fund earns a return higher than Quebec's cost of debt.
@CommonWealth_ca @inter_gen @goafoundation
https://t.co/oPizxq9PDo

[Common Wealth 🍁 @CommonWealth_ca]

Thrilled to welcome @rahulbasu, Research Director at @goafoundation, as our guest speaker on Feb 1st, 2024, 12 PM Eastern!

🌍 Join us for a crucial discussion on safeguarding Canada's mineral wealth for future generations.

Register here → https://t.co/CQSNqd49ge

[Floyd Marinescu 🔰 @floydmarinescu]

This is a common wealth heist of epic proportions.

[Floyd Marinescu 🔰 @floydmarinescu]

Norway taxes oil profits 78% and companies still earn a fair return.

In contrast, Canada is on track to lose 77% of our natural resource wealth to private extraction. That's about $1 trillion lost that could've been invested in sovereign wealth funds to benefit Canadians.

[The Future We Need @thefutureweneed]

Important leverage point. @GoenchiMati @goafoundation @rights_mineral

[Intergenerational Foundation @inter_gen]

Our first article is on:
Championing the Future: The Role of the United Nations in Protecting the Interests of #futuregenerations
by @SalinasLeyvaC for @nxtgenfellows on Intergenerational Fairness Day 16 November 2023

https://t.co/BII9CZTFPq

#intergenerationalfairnessday

[The Future We Need @thefutureweneed]

In solidarity. @goenchimati @goafoundation @rights_mineral

[Intergenerational Foundation @inter_gen]

It's Intergenerational Fairness Day
partnering with
@GenSqueeze (Canada)
@gengerecht (Germany)
@thinkforwardaus (Australia)
@NxtGenFellows (UnitedNations) Partnership for Future Generations in Africa,
@millionGen (Netherlands)
Future Design (Japan) &
@BIFYA_Berkely (USA)

[The Future We Need @thefutureweneed]

The brilliant Guy Standing.
@goafoundation @goenchimati @rights_mineral @PWYPtweets @DeepSeaConserve

[UBI Works 🇨🇦 @ubi_works]

At the 2023 Basic Income Earth Network Congress in Seoul, Professor Guy Standing delivered a truly visionary keynote — Building a Commons Capital Fund: Common Dividends as Basic Income.

"If one wanted to preserve the commons, revive the commons, and if one wanted to deal with the problems of rentier capitalism and uncertainty? I believe... that we need to produce a system of common capital funds.

The common capital funds should be built on the principles that those who are taking from the commons, who are making profits from our commons, should compensate the commoners. And those who are polluting the commons, diminishing our commons, should be compensating those who are suffering as a consequence...

Common dividends and this commons capital fund would be important parts of the fiscal route to enabling us to live a better type of life, working and commoning and indulging in real leisure. That's a vision for all of us, I think."

Watch his keynote at BIEN 2023: https://t.co/gQAuul5TUP