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Feb
15

THE TFD SYSTEM AND THE KLIMAFORUM09 PEOPLE'S DECLARATION

Post By gaia1 in Climate crisis

          The final version of the  Klimaforum09  People's Declaration emerged at the very end of the Copenhagen Summit on Climate Change in December 2009, also known as  COP 15 after the Conference of Parties that had signed the UN Framework Convention  on Climate Change at the Rio Earth Summit in June 1992. During the  Summit’s tumultuous second week when  many of the leaders of the 192 nations had arrived and the negotiations had almost completely failed except for the emergence of the weak Copenhagen Accord, the People’s Declaration was a remarkable achievement by several thousands of civil society organizations (CSOs).

 

          There are many areas of agreement of the Declaration with the Tierra Fee & Dividend system. Most notable are its views on the need and urgency of transitions to sustainable societies and of system change, its demand of recognizing the historical fact of ecological indebtedness and its associated obligation for compensation, its views on the refutation of the cap-and-trade system and its market orientation and technology centeredness, its views on TNCs and the need for their regulation and, last but not least, its views on the need to de-globalize by focusing  more on local communities using the principle of subsidiarity according to which economic and social decisions are to be made on the lowest possible levels of social organization.

 

           However, there are main and minor differences between the Declaration and the TFD system. The main difference is that the TFD system adds an institutional innovation to the Declaration by its establishment of a carbon-based monetary architecture with its international reserve currency of the Tierra and its de-carbonization monetary standard that form the basis of debit and credit carbon accounts in the nations’ balance of payments. This addition would strengthen the financing for mitigation and adaptation measures. It would integrate the presently proposed funding under the COP and the funding for the MDGs and other UN programs for sustainable development. Thus, it would institutionally tackle the funding for restoring both the global financial and ecological imbalances that have to be considered together. 

 

          Though the Declaration applies the subsidiarity principle in its efforts to de-globalize the presently TNC dominated corporate globalization process, the TFD system places the development of sustainable communities within the concept of bioregionalism and frugal trade, thus enhancing the Declaration’s conception of sustainable local communities. This enhancement is also effected by the TFD system’s planning framework of contextual sustainability and its adoption of the Earth Charter which, to my great surprise, was not even mentioned in the 7 page Declaration.

 

          While the Declaration’s main strategy is to build a movement of the worldwide citizen movements to push for the Great Transition to sustainability, the TFD system presents the proposal of the UN Commission on Monetary Transformation and the Climate Crisis, as a practical step to bring the UN climate process forward.