This has been in plain sight for decades. Technocracy was a “resource based” economic system where everything is managed for the “common good” by scientists and engineers. The UN’s Sustainable Development economic model is based on Technocracy and promotes the management of all resources on earth, by “science” of course. ⁃ TN Editor
The release of the most recent report by the United Nations Intergovernmental Panel on Climate Change (IPCC) was met with widespread international alarm. The BBC wrote that this was “code red for humanity” and the New York Times warned, “A Hotter Future Is Certain.” A Guardian headline stated that major changes to the climate were “inevitable” and “irreversible,” while both the BBC and the Guardian seemingly celebrated a survey that showed 4 in 10 young people now have almost uncontrollable anxiety about the climate.
According to the survey, nearly half of 16-25-year-olds around the world are hesitant to have children as a result of what they believe is a climate crisis and feel that governments are doing too little to prevent it.
In come the bankers with the help of the UN and world governments to finally save the day. The first step is: Find a way to purchase, own, and monetize the land we need to conserve.
In October, journalist Whitney Webb reported on one of the plans launched by a new group called the ‘Intrinsic Exchange Group‘ (IEG) that promises to save us from this catastrophe once and for all. According to the IEG, with the help of multinational corporations, billionaires, and other investors, the UN and IEG will rescue the planet from certain extermination.
After all, the UN conceded once that ‘the businesses of the world is now the business of the UN.
From the report:
In September, the New York Stock Exchange (NYSE) announced it had developed a new asset class and listing vehicle aimed at “preserving and restoring the natural assets that ultimately underlie the ability for there to be life on Earth.” The vehicle, known as a natural asset company, or NAC, will enable the formation of specialized firms “that own the rights to the ecosystem services produced on a certain piece of land, such as carbon sequestration or clean water.” The natural assets that these NACs commodify will subsequently be maintained, managed, and grown by them.
In the US, Summit Carbon Solutions recently began work on obtaining land in North Iowa for its proposed Midwest Carbon Express pipeline.
Summit Carbon Solutions, an offshoot of Summit Agriculture Group, is behind the $4.5 billion Midwest Carbon Express project. It would be the largest carbon capture project in the world with the goal of sending 12 million tons of CO2 annually to western North Dakota, where it can be stored underground.
Landowners expressed concerns regarding Summit Carbon’s use of eminent domain, which allows the company to build the pipeline on land without consent from the landowner.
Eminent domain is when a government body can acquire private property for public use, with compensation for affected landowners.
While shady deals like these have been happening in the US for decades, these new corporations — soon to be traded on the stock market casino — aren’t going to be largely focused on land looted in the US.
Allegedly, NACs will use the funds from these newly obtained and monetized natural assets to help fight climate change by ‘preserving’ the rain forests, mountains, and lakes mostly abroad. They also vow to change the “conventional agricultural production practices” of farms to make them more efficient and sustainable. But, the creators of NACs concede the ultimate goal is to extract trillions in profits from natural processes such as photosynthesis, apply intrinsic values to natural processes, and then monetize it.
“Our hope is that owning a natural asset company is going to be a way that an increasingly broad range of investors have the ability to invest in something that’s intrinsically valuable, but, up to this point, was really excluded from the financial markets,” said NYSE COO Michael Blaugrund upon the launch of the NAC idea.
On their website the Intrinsic Exchange Group states that they are “using Intrinsic value as the umbrella for values not yet identified or quantified, as well as values such as cultural, social, aesthetic, spiritual, etc.”
Following the launch, Fortune Magazine noted that NACs allow for a ‘new form of sustainable investment’ which has caught the ears of BlackRock CEO Larry Fink along with countless other infamous investors.
In 2019, the IEG teamed up with NYSE — which itself holds a minority stake — to launch the idea of NACs. The top three investors in the IEG are the Rockefeller Foundation, Aberdare Ventures, a venture capital firm founded by Paul Klingenstein focused mainly on digital healthcare, and the Inter-American Development Bank, which is the largest source of development financing for Latin America.
Climate Alarmism: A Land Grab Manufactured and Funded by the Bankers, for the Bankers
IEG is currently working with the Costa Rican government to guide a ‘pilot program’ of the efforts in Costa Rica. Andrea Meza Murillo, Costa Rican Minister of Environment and Energy, argued that the pilot project with IEG “deepens the economic analysis of the economic value of nature and continues to mobilize the flow of funds for nature maintenance.”
According to the IEG, the plan is to pioneer “a new asset class based on natural assets, and the mechanism to convert them to financial capital.” The new ‘assets’ according to the group are all of which make “life on Earth possible and enjoyable, and include biological systems that provide clean air, water, foods, and medicines.”
Put simply, entire ecosystems and the benefits people receive from them, will become financial assets. Assets will include food production, tourism, clean water, biodiversity, pollination, and even carbon sequestration. The assets will then be owned by corporations, and stocks in these assets will be sold on Wallstreet.
As IEG notes, the NAC is just the issuer of the natural asset, while the assets the NAC represents can be purchased by investors like BlackRock. Those investors include institutional investors, private investors, individuals and institutions, corporations, sovereign wealth funds, and multilateral development banks.
All of this is only possible if the ownership of the land is transferred into the hands of the banks.
Webb recently reported that in early November an “industry-led and UN-convened” alliance of private banking and financial institutions announced their plans at the COP26 conference. The group is called the Glasgow Financial Alliance for Net Zero (GFANZ) and the goal is to overhaul the role of global and regional financial institutions, including the World Bank and IMF, as part of a broader plan to “transform” the global financial system.
According to the group’s own progress report, the group aims to merge these institutions with the private-banking interests that compose the alliance and create a new system of “global financial governance.”
To obtain the land necessary for the NAC, developing nations would be forced to establish business environments beneficial to the alliance members and open up land. This can be accomplished in several ways including debt-for-nature swaps. This process is where a creditor country forgives a portion of the public bilateral debt of a debtor nation in exchange for environmental commitments from that country.
The degree of debt-for-nature swaps groups like these have engaged in have been well documented in Argentina, specifically Patagonia, for decades. What occurred in Argentina and Chile however would pale in comparison to the level of swaps this plan would entail.
At the Climate Leaders Summit in April 2021, convened by the US and attended by global policymakers, Argentina alluded to another one of these swaps. Argentina’s president Alberto Fernández pushed for an agreement with its creditor countries to reduce part of the foreign debt in exchange for increased ‘environmental and climate commitments.’
In other words, when a Latin American country owes money, they open up their land to pay the debt or the interest of the debt. This process is normally referred to as Debt-trap diplomacy or put simply, debt-entrapment.
Multilateral development banks (MDBs), such as the World Bank, leverage the debt of developing countries to force them to privatize public assets. The GFANZ report states that the Alliance is now trying to use the same controversial tactics by forcing more deregulation in developing countries to allow alliance members to invest.
In the 1990s founder of Northface clothing, Doug Tompkins, and his second wife, Kris Tompkins, who was an executive of clothing brand Patagonia, purchased more than 2 million acres of wilderness in Chile under the guise of ‘conservation efforts.’ Following Tomkins’ death, their NGO Tompkins Conservation formally donated one million acres of land back to the Chilean government.
The other way this land grab can be accomplished is by using powerful international groups like the UN to pressure developing countries to deregulate and open up their land for privatization due to the ‘urgent life-threatening’ menace of climate change.
The GFANZ alliance was launched in April by John Kerry, Janet Yellen, and former chair of the Bank of England, Mark Carney. Carney also co-chairs the alliance with Michael Bloomberg.
While the world focuses on Russia reportedly planning a military offensive against Ukraine, and China apparently rehearsing for an attack on Taiwan, the supranational banking elite is quietly invading the US and countries worldwide to loot their resources.
John Kerry recently noted that “the largest financial players in the world recognize energy transition represents a vast commercial opportunity.” Boris Johnson described GFANZ as being responsible for paving the way to “uniting the world’s banks and financial institutions behind the global transition to net zero.”
The principals listed on the GFANZ website include the CEOs of BlackRock, Bank of America, Citi Bank, Banco Santander, and HSBC. The CEO of the London Stock Exchange Group and Nili Gilbert, chairwoman for the David Rockefeller Fund are also listed.
In mid-November, Michael Bloomberg hosted his ‘New Economy’ forum. According to the event’s website, the group is focused primarily on climate change and COVID-19 vaccines.
“Covid-19 held a mirror to society’s biggest problems, from climate change to inequality, forcing humanity to grapple with their consequences. But there is hope. Even as the pandemic still rages, the success of groundbreaking mRNA vaccines, the acceleration of the digital economy during lockdowns, and a focus on government spending to save lives and improve livelihoods demonstrate that humankind is capable of taking on — and overcoming — great challenges. Breakthroughs are possible. In science and technology, we’ve entered a new age of discovery.”
Bloomberg’s ‘New Economy’ forum is led by Bill Gates, Henry Kissinger, and Penny Pritzker, as well as a dozen other board members with ties to multinational banks like Goldman Sachs. Former Governor of the People’s Bank of China Zhou Xiaochuan, as well as the founder of Binance, are on the board as well.