Our vision
is to develop a new type of economy where the main valuable asset is a sustainable action itself to help significantly lower the footprint on earth left by humanity and reverse the climate change phenomena.
Building a trusted ecosystem
To maximize trust in the Kora, we’re separating three key functions.
Blue Vault
Reserve Fund backing the Kora, managed by independent Trustees. Collateral in national currencies is provided by investors aligned against climate change.
Protocol Committee
Independent expert team quantifies and adjusts the reward mechanism to achieve the ecosystem’s sustainability goals.
Kora company
Founder and custodian of the Kora and responsible for ecosystem and market development.
Why are we doing this?
In 2018, the Economist made a bold statement: “Humanity is losing the war against climate change”. Climate change is putting at risk not only our physical wellbeing but our wallets too. Despite efforts such as the 2015 Paris Agreement, most indicators are worsening. In 2015, the IMF estimated the cost of damage from fossil fuels at US$5.3 trillion every year. This is affecting everyone, including YOU!
Our mission
Is to provide a financial tool to enhance humanity shift into sustainable behaviour, globally.
Team
Advisers
Marc Brix
Advisor Brand Partnerships / Marketing
Entrepreneur, Founder of Machine One & Ex-VP Mastercard Global Sponsorships
Dr. Alexander Lipton
Monetary Policy Strategic Advisor
Co-Founder at Sila Inc & Connection Science Fellow at MIT