Earlier we have discussed the ECO currency, now here is an explanation video.

The ECO currency is an alternative currency to express environmental value. People who conduct labor in support of the environment receive ECO’s from a global fund, which is financed via a micro bank tax on global financial transactions.

The idea for the ECO currency originates from the hypothesis that an important factor in our environmental crisis is the disconnect between the economic ecology and the environmental ecology: Environmental values are easily destroyed because they go unnoticed within the economical system. The aim of the ECO currency is to make environmental value explicit in economical terms. Would the rain forest still be destroyed if we could pay people to let the trees stand?

If you want to stay up to date on the project, there is always a Facebook page.

The video was made by Marcel van Heist, Jop Japenga and Billy Schonenberg. Voice: Sean Lynch, Music: Armand Amar. Coaching by Koert van Mensvoort & Luna Maurer.

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  • Great Post :D Thought you might like my machinima film, To The Venus Project http://www.youtube.com/watch?v=i8eYZkAuxsI Bright Blessings elf ~

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  • Check out The Venus Project's Resource Based Economy. It makes the most sense.

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  • I wish that carbon-saving-currency, will not be applied to forest already grown up. The industry should pay to grow new forest, from small seeds, or branches, than buying already working Carbon consuming forest.

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