This is the first of a series of scenarios. The starting standpoint we took was that a currency should be backed up by ‘real’ value. In the past this used to be the case with gold. Gold has some good properties which make it very valuable as a trading currency, and has been used as this for over 4000 years in a almost all cultures.It is not possible to get more through manipulation, and is thus a very good way to measure wealth.
In principle however gold has no ‘true’ value, and we made a scenario where ‘environmental value’ is the backing of the currency. In essence this means that for every dollar printed, there should be an amount of ‘environmental value’ added. The full scenario with explanations can be viewed as a pdf here.
These are the principle stakeholders in this scenario.
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