Mission (Eng)

The Foundation sets itself the target of creating tools and processes for directing economics towards managing our house Earth with respect to the most universal ecological data possible.

 

1.

The basic tools

 

2019 surveys, develops and tests tools for transcribing into economic terms identified environmental and consecutive social impacts. (*1)

It assesses the portions of these impacts that are partially or totally absent from economic transactions, these are positive or negative externalities. (*2)

2019 seeks to develop, in partnership with universities, research centres and specialised agencies, tools that can be integrated into, for example, human activity-related accounting systems to cease overlooking the exact nature of these impacts in prices and services.

 

2.

Transcription of tools

 

Monetization tools should be capable of being integrated into:

· All economic activities seeking to re-transcribe the most exhaustive economic efficiency possible

· Creation and modification of taxation systems

· Rating processes

· Company or public organisation accounting to enhance effective transparency of their accounts if possible

· etc.

 

[1] Specifically, these have been addressed by economists such as Arthur Cecil Pigou (1877–1959) and, more widely, by Herman Daly, Nicholas Geaurgescu-Roegen, Kenneth Bouldind, Howard et Eugene Odum, René Passet, René Dumont, Paul Ehrlich, Théodore Monod, « Teddy » Gosmith, Robert Allen, Robert Axelrod, Pierre Calame and others.

[2] They can be positive: honey production favours fruit farm productivity due to the positive role of pollinizing bees.

They can be negative: growth in the number of respiratory diseases due to car and goods vehicle emissions, covered in hindsight by social security systems.

In both cases, these externalities are not accounted for today. The economy is therefore globally based on values distorted by not considering these hidden, displaced or deferred costs.