BY 2050, WE COULD SEE 1 BILLION PEOPLE WITHOUT A HOME OR PASSPORT
Nations and networks are not investing enough in the future, to prepare for the coming changes in the way much of humanity will live. Even if we are able to successfully prevent a majority of the worst outcomes expected by science, a large and growing body of people will be stateless, homeless, and without proven identity to move freely and safely in the world.
Why can't this challenge be treated as the greatest opportunity of all time? And why would there not be at least one, if perhaps not multiple capital banking resources devoted to financing the social impact entrepreneurial outcomes needed to solve for the way we must live in the future? And why would we not do that in a way that ordinary individuals can participate in the same way their grandparents did?
WHAT WE HAVE IN PLACE WILL NOT MEET OUR GOALS
Government
Too dysfunctional
Venture capital approaches to social impact has been growing but it is not enough to meet the situation. If impact capital remains high risk as it is now, then investing in humanity will remain high risk as well.
"We have evolved incredible financial genius in the last several hundred years and in all that transformation we have somehow boxed saving humanity into a category of high risk."
~Daniel Matalon ~
A FEASIBLE WAY TO ADDRESS CAPITAL RISK
Modeled on bank deposit insurance
designed for all of us to use safely
A new impact insurance program
Creating more available capital means creating more protection for it, and in this case, the intent is do so inside a program that results in more projects of social impact moving forward to implementation.
Protecting innovation means building an insurance pool for it. This means creating a new global impact deposit insurance corporation (a GIDIC) that can offer ordinary depositors and bond holders, of small and large size accounts, to enjoy 100% capital protection while their funds are held, regardless of the outcome of the projects that are funded from it.
There is not a lack of money to be issued. There is a lack of safety. We only need to insure its release.
ORDINARY CITIZENS HAVE POWER
Conflicts rise when people feel powerless.
People want to be engaged and involved in the solutions ESPECIALLY when their survival is on the line