BEGIN:VCALENDAR VERSION:2.0 CALSCALE:GREGORIAN PRODID:adamgibbons/ics METHOD:PUBLISH X-PUBLISHED-TTL:PT1H BEGIN:VEVENT UID:27463@offbeat.amsterdam SUMMARY:Money for what matters DTSTAMP:20260916T013652Z DTSTART:20261005T173000Z DESCRIPTION:An overlooked way to pay for climate action\, affordable housin g\, public\nservices\, and a more democratic economy. Together with Sam Hu mmel\, from Money\nJustice Collaborative.\n\nMany solutions to our social\ , ecological\, and economic challenges run up against\nthe same question: “How will we pay for it?” Have you hit this wall in your own\nwork or comm unity? What if there were a different way to look at that question\,\none that reveals a way to fund the solutions we need? Tonight we will be hosti ng\nSam Hummel from the Money Justice Collaborative to tell us more about his\nresearch. When we have the resources\, people\, and know-how to solve important\nproblems\, why should we be stopped by a shortage of numbers\, which is all money\nis? What is the role of money creation and what concr ete steps does he suggest?\n\nTogether with Sam Hummel Researcher of money \, banking\, and wellbeing economics\n[https://www.linkedin.com/in/sam-hum mel-jr/] Anne Kervers Promovendus politieke\ntheorie en sinds 2019 actief bij Extinction Rebellion\n[https://www.linkedin.com/in/anne-kervers-1b5b28 3b/?originalSubdomain=nl]\n\n\nMORE ABOUT THE PROGRAMME\n\nOver 16 years h elping universities\, governments\, and corporations implement\nsustainabi lity programs\, speaker Sam Hummel saw countless projects shelved for\nlac k of funding. He also noticed that many of his peers were no longer workin g\non implementing sustainability programs because they were instead tryin g to\n“find the money.” Despite their efforts in philanthropy\, fiscal pol icy\, social\nentrepreneurship\, and socially responsible investing\, avai lable funding for\nsustainability solutions continued to fall far short of what was needed. Sam\nkept coming back to the same question: When we have the resources\, people\, and\nknow-how to solve important problems\, why should we be stopped by a shortage of\nnumbers\, which is all money is?\n\ nThe 2008 financial crisis taught him that banks have special legal privil eges\nthat let them create new money when they lend. He began to ask: “If banks create\nmoney when they lend\, why can’t we use that mechanism to pa y for urgent social\nand ecological needs?” He was surprised to discover t hat this is absolutely\npossible\, and used to be a common practice. In co untries around the world\, past\nsocial and political movements have tappe d these legal privileges to channel\nhuge amounts of finance into public p urposes. Governments in some countries are\nstarting to do this again. Com e learn how citizens and advocacy groups can help\naccelerate this trend – and bring your elected officials with you!\n\nIn this talk\, Sam will ill uminate this funding mechanism in plain language. No\nprior experience wit h banking\, finance\, economics\, or law is needed. The session\nis design ed to provoke new thinking and spark concrete conversations about\nwhat’s politically and legally possible. The presentation will be followed by a\n discussion with scholar in banking and climate finance Anne Kervers.\n\nLe es meer A missing conversation in climate finance\n\nThe Money Justice Col laborative interviewed 50 leaders in climate finance\nadvocacy\, monetary reform\, and banking scholarship. Our goal was to find out why\nthe three groups are not working together more to challenge the\ngovernment-granted privileges that enable banks to newly create 100% of the\nmoney they lend\ , including the money they lend to fossil fuel companies.1 In\nfact\, thes e privileges are the largest source of financing for fossil fuels.\n\n[htt ps://samhummel.substack.com/p/why-climate-advocates-should-focus] URL:https://offbeat.amsterdam/event/money-for-what-matters GEO:52.376857;4.9220756 LOCATION:Pakhuis de Zwijger - Piet Heinkade 179\, 1019 HC Amsterdam STATUS:CONFIRMED CATEGORIES:amsterdam-centrum,community,discussion,eastern docklands,economy ,talk X-ALT-DESC;FMTTYPE=text/html:An overlooked way to pay for climate action, a ffordable housing, public services, and a more democratic economy. Togethe r with Sam Hummel, from Money Justice Collaborative.

Many solutions to our social, ecological, and economic challenges run up against the same qu estion: “How will we pay for it?” Have you hit this wall in your own work or community? What if there were a different way to look at that question, one that reveals a way to fund the solutions we need? Tonight we will be hosting Sam Hummel from the Money Justice Collaborative to tell us more ab out his research. When we have the resources, people, and know-how to solv e important problems, why should we be stopped by a shortage of numbers, w hich is all money is? What is the role of money creation and what concrete steps does he suggest?

Together with Sam Hummel Researcher of money, banking, and wellbeing economics Anne Ker vers Promovendus politieke theorie en sinds 2019 actief bij Extinction Reb ellion

More about the programme

Over 16 years helpin g universities, governments, and corporations implement sustainability pro grams, speaker Sam Hummel saw countless projects shelved for lack of funding. He also noticed that many of his peers were no longer working on implementing sustainability programs because they were instead trying to “find the money.” Despite their efforts in philanthropy, fiscal policy, social entrepreneurship, and socially responsible investing, avai lable funding for sustainability solutions continued to fall far short of what was needed. Sam kept coming back to the same question: When we have t he resources, people, and know-how to solve important problems, why should we be stopped by a shortage of numbers, which is all money is?

The 2008 financial crisis taught him that banks have special legal privileges that let them create new money when they lend. He began to ask: “If banks create money when they lend, why can’t we use that mechanism to pay for u rgent social and ecological needs?” He was surprised to discover that this is absolutely possible, and used to be a common practice. In countries ar ound the world, past social and political movements have tapped these lega l privileges to channel huge amounts of finance into public purposes. Gove rnments in some countries are starting to do this again. Come learn how ci tizens and advocacy groups can help accelerate this trend – and bring your elected officials with you!

In this talk, Sam will illuminate this funding mechanism in plain language. No prior experience with banking, fi nance, economics, or law is needed. The session is designed to provoke new thinking and spark concrete conversations about what’s politically and le gally possible. The presentation will be followed by a discussion with sch olar in banking and climate finance Anne Kervers.

L ees meer A missing conversation in climate finance

The Money Justice Collaborative interviewed 50 leaders in climate finan ce advocacy, monetary reform, and banking scholarship. Our goal was to fin d out why the three groups are not working together more to challenge the government-granted privileges that enable banks to newly create 100% of th e money they lend, including the money they lend to fossil fuel companies. 1 In fact, these privileges are the largest source of financing for fossil fuels.

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