Now is the time to invest in a regenerative economy that supports climate finance at scale. Our banking and investment practices can proactively regenerate the planet and foster a clean, green economy that is both socially conscious and sustainable.
Clip of Tom Duncan from Earthbanc on EcoJustice Radio
EcoJustice Radio discusses the rise of regenerative economy and green banking with Tom Duncan, CEO & Founder of Earthbanc, the world’s first green digital banking platform [https://earthbanc.io/] that pays its customers to restore and conserve ecosystems, and sequester carbon. Our host, Carry Kim does the interview.
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Earthbanc develops innovative financial solutions to create a regenerative economy that restores livelihoods through financial inclusion, restores the planet’s critical ecosystems, and provides a solid return on investment. Tom Duncan uses the example of crowdfunding mangrove swamp restoration as an important way to understand the goal of green banking. Mangroves sequester carbon at 5-fold the rate of terrestrial trees, they provide habitat to support rich biodiversity. They protect coastlines and coastal communities from storm surges and other extreme weather events.
Earthbanc has been listed by the International Union of Conservation (IUCN) in their Global Congress as the key stakeholder to operationalize the ‘Mangrove Moonshot’ of 20 billion trees. Regenerating degraded ecosystems creates green jobs with respectable wages, safeguards biodiversity, and provides food security and water supply.
Earthbanc has joined forces with local Microfinance Organizations (MFIs) to restore 10 million mangroves trees in India. Through this partnership 750,000 trees have been restored to date by our 23,000 active daily users on Earthbanc India, and they intend to scale up to tens of millions of trees in the future, and 20 billion trees globally.
Interview by Carry Kim
Hosted by Jessica Aldridge
Engineer: Blake Lampkin
Executive Producer: Jack Eidt
Show Created by Mark and JP Morris
Music: Javier Kadry
Updated 18 January 2021