World Bank Fight: Interim victory for rainforests & rivers
The Washington Post reports January 25th:…In a blow to plans set by World Bank President Jim Yong Kim, the United States recently approved an appropriations bill that orders the bank’s U.S. board member to vote against any major hydroelectric project…The measure also demands that the organization undertake “independent outside evaluations” of all of its lending…The amendments apply to all international financial institutions, including regional ones such as the Inter-American Development Bank and the African Development Bank. See Foundation Earth thank you letter to Senator Leahy, list of our friends signing March 24th WB letter, and actual bill language.
Canadian Report Card
Foundation Earth, with help from the Council of Canadians, produced a report card to grade Canada & Prime Minister Harper against a short list of bold steps being taken by countries worldwide to achieve a healthy, truer cost, economy and a cleaner planet. Canada, once a leader on many fronts, has fallen under the current national leadership. Read the Report Card here: Canadian Report Card
Global Ecological Mega-Concerns
Download Garvin Boyle’s detailed assessment of Global Ecological Mega-Concerns, presented at the Ecological Economics Conference in June 2013 and hosted by the U.S. Society for Ecological Economics in Burlington, VT, here: Mega-Concerns Posters
An Interview with Randy Hayes: The Vision Behind a True Cost Economy
Watch the unabridged, full-length interview with Foundation Earth founder Randy Hayes at summerrayne.net: The vision behind a true cost economy with Randy Hayes. Later in the month, it’ll be featured on Huffington Post and Elephant Journal, so keep your eyes peeled!
Don’t have time to watch the whole interview? Click here for an excerpt (“Not all technologies are neutral”).
Thanks for tuning in!
Security Exchange Commission (SEC) Disclosure Project
The SEC Disclosure Project addresses the urgent need to restructure the economy’s rules toward a True Cost Economy as a key step to a cleaner planet and a healthier economy. Specifically we propose that the US Securities and Exchange Commission (SEC) should require companies to disclose their pollution externalities in annual public filings. This will provide critical environmental information to the public, leading to responsible changes in the economy. Hope best emanates from bold, comprehensive, credible, and achievable plans, commensurate with the scale of the problem. With the vision of a True Cost Economy and better disclosure rules, a well-informed public can take corrective steps. See the Center for Economic Ecology for more information.
Canadian Report Card
Foundation Earth, with help from the Council of Canadians, produced a report card to grade Canada against a short list of bold steps being taken by countries worldwide to achieve a more true cost economy and a healthier planet. This is the second in a series entitled “The Economic Rethink: Who Does It Well?”. The first was circulated at the Rio+20 Earth Summit in June 2012 in Brazil.
Canada, once a leader on many fronts has fallen under the current national leadership. The report provides fuel to pressure opinion leaders and policy makers in Canada to wake up to what must happen to seriously address the needs of nature and humanity’s future via a true cost economy!
A True Cost Economy incorporates carrying-capacity considerations and accurate feedback systems to reduce and eliminate ecological destruction to the planet’s life support systems. This economic approach is viable and solves real problems. It replaces the current system of what is effectively a form of cheater economics. The hidden pollution costs of an unregulated industrial economy are in the trillions of dollars. That is the cheat. The Canadian report card will help people know what specific bold solutions need to be pursued.
Chile halts construction of huge gold mine, by Paulina Abramovich
Global warming talk heats up, revisits carbon tax, by Seth Borenstein
Economy has reached ecological limit, by Kathleen A. Culver
Spring Meetings of the World Bank Group and the International Monetary Fund, Washington, D.C.
5th North American Gross National Happiness Conference, Happiness & Wellbeing: Building a National Movement, Burlington, VT
Fourth International Conference on DeGrowth, for Ecological Sustainability and Social Equity, Leipzig, Germany.
Annual Meetings of the World Bank Group and the International Monetary Fund, Washington, D.C.
Welcome to Foundation Earth!
Extreme weather events are on the rise. The biosphere is becoming spastic. Economic instability is widespread and growth is stalling globally. In the next few years opinion leaders will increasingly wake up to what needs to happen to seriously address the needs of nature and humanity’s future. Are we ready?