Skip to main content

Financing our Anthropocene

How Wall Street, Main Street and Central Banks Can Manage, Fund and Hedge Our Global Commons

  • Book
  • © 2023

Overview

  • Includes case studies on the applications of digital finance in central banking
  • Provides a broader understanding on finance and its links to a sustainable pathway
  • Offers recommendations for policy makers and regulators

Part of the book series: Sustainable Finance (SUFI)

This is a preview of subscription content, log in via an institution to check access.

Access this book

eBook USD 109.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 139.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 139.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (10 chapters)

Keywords

About this book

Development needs to meet the UN SDG have primarily been financed through private sector financing, conventional public sector funding and philanthropic commitment. These sources are not sufficient in scale and speed to meet the pressing finance needs. The world community is too busy repairing, stabilizing, and refunding the system to maintain the stability of the existing system. The introduction of a parallel electronic currency specifically designed to finance global commons, and a human-centred economy would provide the necessary resources to achieve the UN SDGs while stabilizing the existing monetary system.

This book analyses how the development of cryptocurrencies based on blockchain distributed ledger technologies has prompted leading central banks around the world to study the potential application of this approach to directly inject purchasing power without dependence on the banking system. Furthermore, the book illustrates how this approach can be utilized to finance the huge multi-trillion dollar annual investment requirements for achieving the Sustainable Development Goals (SDG).

With a Foreword from the President of the Club of Rome.

“This book is where fiction turns into fact.” - World Bestselling Author of ‚The Minister of the Future‘ Stan Robinson

“…challenging, innovative and interdisciplinary… to address the world’s problems.” - Founder and Father of the Quantitative Easing (QE), Prof. Dr. Richard Werner, Oxford University, GB

“The real tragedy of the commons, as this book shows, is that we have allowed the most valuable social resources, our money and legal systems, to be employed for private gain instead of mobilizing them for social goals, not the least to ensure the survival of the human species on this planet.” - Best-selling author of ‚The code of capital’ Katharina Pistor, Edwin B. Parker Professor of Comparative Law and Director, Center on Global Legal Transformation Columbia Law School, USA


Reviews

‚Daring, courageous, out of the box and up to date.‘ - Thomas Lenk, Professor and Director of the Institut for public finance and public management, University Leipzig, Germany

‚To not involve the finance sector in sustainability transformation is akin to multiplying a number with zero in algebra.‘
- Günther Edeltraud, Professor for ecological economics at the University of Dresden, expert reviewer of the IPCC reporting and Director of the Institut for material Flows and Resources at the UN-University (UNU-Flores) on ‚Financing our Anthropocene‘

‚This books promotes a new vision,…. intellectually powerful…‘
- Dragan Djuricin, Fellow WAAS, University of Belgrade, Professor in Economics and management, Chairman Deloitte Adria, Member of multiple boards of multinationals in the financial and banking sector (Messer Tehnogas, Addiko Bank)

' A terrific read…..this book addresses the interconnected crises of our today’s world from a fresh perspective. It outlines how finance, central banks, digitalisation and policy makers can change the course of our misguided economies.' - Raimund Bleischwitz, Scientific Director and Professor at the Leibnitz Center for Tropical Marine Research (ZMT), Bremen, Germany

‚An essential guide to what a different global monetary system could look like that would respond to the challenges of climate change.’ - Stefan Eich, Professor for governance, Georgetown University, USA

‚A really innovative approach, where central banks and regulators lean in, developing new monetary tools to finance our Anthropocene.‘ - Yehuda Kahane, Professor (em.) Former Head of the Institute for Business and the Environment, Coller School of Management and the Porter School of Environmental Studies. Tel Aviv University, Israel

‚….a remarkable innovative idea.’ - Marco Lehmann-Waffenschmidt, Professor and Head of Department for Macroeconomics and managerial economics,University Dresden, Germany

‚….Interesting and thought provoking read.’ - Dusan Vujovic, Former Minister of Finance (2014-2018) Serbia, Prof. Institute of International Politics and Economics in Belgrade, Consultant World Bank and USAID


Authors and Affiliations

  • Full Member Club of Rome, University of applied Science Mittweida, Mittweida, Germany

    Stefan Brunnhuber

About the author

Stefan Brunnhuber is medical director, chief medical officer in Saxonia and professor for sustainability and finance at the University of Applied Sciences Mittweida (Germany). He is a member of the European Academy of Science and Arts (EASA), the Board of Trustees at the World Academy of Arts and Science (WAAS) and Full member of the Club of Rome. He was scientific advisor to the EU-Commission (2009), founding member of the Alma Mater Europeae (2011) and Senator (elected 2015-2020) of the European Academy of Science and Arts (EASA). He currently serves as member of the German federal board of 'Sustainable Finance’ to the German government (2022-)

Bibliographic Information

  • Book Title: Financing our Anthropocene

  • Book Subtitle: How Wall Street, Main Street and Central Banks Can Manage, Fund and Hedge Our Global Commons

  • Authors: Stefan Brunnhuber

  • Series Title: Sustainable Finance

  • DOI: https://doi.org/10.1007/978-3-031-23285-5

  • Publisher: Springer Cham

  • eBook Packages: Business and Management, Business and Management (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023

  • Hardcover ISBN: 978-3-031-23284-8Published: 17 January 2023

  • Softcover ISBN: 978-3-031-23287-9Published: 17 January 2024

  • eBook ISBN: 978-3-031-23285-5Published: 16 January 2023

  • Series ISSN: 2522-8285

  • Series E-ISSN: 2522-8293

  • Edition Number: 1

  • Number of Pages: XIV, 116

  • Number of Illustrations: 1 b/w illustrations

  • Topics: Financial Engineering, Business Ethics, Macroeconomics/Monetary Economics//Financial Economics

Publish with us