“I will call the Global Reference Currency (GRC) the generic concept of a currency which is not tied to any particular nation state, and whose main purpose is to provide a stable and reliable reference currency for international contracts and trade.

Furthermore, I will propose as unit of account for one particular type of GRC the Terra, which aims at firmly anchoring that currency to the material/physical world. Remember, one of the reasons that the global currency casino can churn as wildly as it does is the disconnection between the financial world and physical reality, a link which was severed by President Nixon in 1971. In this role, the Terra would be akin to the gold standard in the 19th century. The Terra is defined as a standard basket of commodities and services particularly important for international trade, and their relative weight in the standard basket would ideally reflect their relative importance in global trade.

For instance, the value of the Terra could be defined as:
1 Terra = 1/10 barrel of oil (for example Brent quality and delivery)
+ 1 bushel of wheat (Chicago Mercantile Exchange delivery)
+ 2 pounds of copper (London Metal Exchange delivery)
+ ...etc.
+ 1/100 ounce of gold (New York delivery)"

The Future of Money by Bernard Lietaer

A Green Money Network


Baobab’s Corporate Power Information Center is a collection of web resources that explore, expose, and critique the domination of global business, politics, and culture by large corporations.

D£BT on our Doorstep

FEASTA - The Foundation for the Economics of Sustainability

FoEI Citizens’ Guide to Trade, Environment and Sustainability

Funny Money

GCI - Global Commons Institute

The Global Commons Institute is an independent group of people whose aim is the protection of the Global Commons. GCI has focused most of its efforts since 1996 on its Contraction and Convergence campaign. On this site you can find various documents describing what C&C is, its gestation and history and the broad support it has achieved from diverse organisations and people across the globe.

Henry George Foundation of Great Britain

An independent economic think-tank and public education group dedicated to promoting a philosophy for a just and prosperous society.

Jubilee +

Jubilee + supportes economic justice campaigns worldwide. Jubilee + is a programme of the New Economics Foundation, providing up-to-date, accurate analyses, news and data on international debt and finance as well as generating and airing new ideas and debates on debt and globalisation.

NEF - New Economics Foundation

New Rules Project

PCDF - People-Centered Development Forum

Stakeholder Forum

Stakeholder Forum for a Sustainable Future is an international multi-stakeholder organisation working on sustainable development; supporting the increased involvement of stakeholders in international and national governance processes.

The Liberty Dollar

Inflation-proof currency owned by the people, not the Federal Reserve.

The Transitioner brings together those who want to marry the economy and Collective Intelligence in order to build a Collective Intelligence economy that concretely rewards its participants with alternative currencies (whether this word is still accurate) and collaborative technologies.

Trade Justice Movement

The Trade Justice Movement is a group of organisations who are concerned with the negative impact of international trade rules on the poorest people in the world, on the environment, and on democracy.

Transaction Net