Consolidating Resources For Humanity.
The Formula Green Corporation (FGC) is a venture philanthropy fund which focuses on consolidating natural resources to ensure Humanity has a stake in it’s future. It’s interests are focused on emerging economies especially in Asia.
Backed by one of the leading Philanthropic Funds in the world (The Maharlika Trust), FGC seeks to support and/or consolidate companies which create value to protect, conserve and recycle natural resources in our world and beyond. Our support also extends to the academe of selected educational institutions which create unique solutions so we can ensure the supply of basic resources.
FGC also has co-ownership in a patent portfolio which covers the use of alternative energies, nanotechnology and quantum computing which have existing prototypes in partnership with a European-UAE space industry fund.
The Formula Green Corporation (FGC) works closely with it’s philanthropic arm, the Formula Green Foundation (FGF) to ensure it’s “dividend for humanity” program benefits Humanity as a whole in the years to come.
Building a Resource Based Economy.
“Economically profitable resource exploitation in space is becoming increasingly feasible as more actors (national, public and private) are engaging in space exploration. The Outer Space Treaty (OST) which serves as the basis for the current corpus juris spatialis declares that no government can claim sovereignty over celestial bodies or outer space itself. Because this is generally interpreted as denying private ownership, the OST is sometimes claimed to be an obstacle to commercial venture, particularly resource exploitation. Such claims ignore a wealth of terrestrial models which promote profitable commercial resource exploitation independent of fee, simple ownership. To achieve an approach to space exploration and exploitation which balances national, international, and commercial interests and a need to prevent conflict and militarization of outer space, terrestrial approaches to managing resource exploitation should be carefully examined for frameworks and mechanisms with potential to serve as models in further elaborating an international regime for space resource exploitation. A previously overlooked terrestrial example, the Alaska Permanent Fund, and its unique citizen’s dividend, is explored as one possible model for such a balanced approach that could encourage profit-driven exploration and exploitation of extra-terrestrial resources, reduce the risk of conflict between actors in outer space and simultaneously accrue tangible benefits to all of humanity.”
Morgan Sterlin Saletta
University of Melbourne, Australia
Inter-Planetary Resources Is Now A Reality.
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