At the Great Lakes Commons Gathering at Notre Dame University in the United States last October James Quilligan, who has recently spoken at a series of seminars in London, proposed a Great Lakes Commons Trust and Community Bank. ‘Bioregional trusts are an emerging horizon in environmental sustainability and financial stability for the people of a common resource area. … The purpose of a bioregional trust is to safeguard a resource for future generations. Just as some communities across the world have become adept at preserving, creating and replenishing their local commons, bioregional trusts can also apply the principles of subsidiarity, polycentricity and inclusive decision-making to the protection and production of resources that are shared on a broader scale. Integrative commons management contributes not only to a clean and healthy biological environment, but also to people’s social well-being. In addition, a bioregional trust may generate funds which could be used for ecological restoration as well as a basic income for the people of a region.
For more on James Quilligan’s proposal, go to:
https://thefinancelab.ning.com/events/meetings-with-remarkable-commoners-james-quilligan-finance-lab-ch?xg_source=activity
Is this the right link? I only see information there an announcement of a meeting that’s already been held.