The Global 4C Risk Mitigation Policy is a climate mitigation policy that aims to manage systemic risks and provide climate finance at the...
The Global 4C Risk Mitigation Policy is a climate mitigation policy that aims to manage systemic risks and provide climate finance at the global scale for attempting to stay below 2°C of global warming this century. The policy project is called 'Global 4C'. The economic instrument of Global 4C will be a system of parallel world currencies called Complementary Currencies for Climate Change (4C) that will be administered over the internet, mobile phones and banking networks. The Global 4C policy is justified with a fundamentally new theory that describes relationships between money, markets, and networked systems. It is anticipated that Global 4C will dissolve political delay by complementing the role of governments with a highly-decentralised and intelligent system of global rewards and social contracts for climate mitigation and promoting ecosystem protection and social cohesion.