Funding Allocation Decision Making
The Gaia Main Fund (Gaia Treasury Stewardship Council)
Will have the authority to decide the percent allocated of incoming financial resources to the Philanthropic, Investment and EcoHabitats Funds. The allocation is intended to be 33% for each fund unless there are strategic and important reasons to do otherwise.
These three Funds (Philanthropic, EcoHabitats & Investments)
Will have the authority to decide the allocation of their portion of incoming financial resources to their own sub-funds. The Glocal EcoHabitats Treasury Stewardship Council decides the distribution of financial resources to the 6 Continental Funds.
Each of the Gaia Commons National Treasury Stewardship Council
Would decide the distribution of financial resources to the BioHabitats / Local Communities.
The Treasury Stewardship Council of the 6 specific sub-funds
(EcoSocial High Impact,Online Content, Operations & Platforms. Real Estate Investments, Companies Investments and DAOs Investments) and the BioHabitats Funds will have the authority to decide the allocation of incoming financial resources to the specific projects.
The Treasury Stewardship Council of the Operations and Platforms sub-fund
Will have the authority to decide the allocation of their budget to the different Platforms and Operational Holons (which include the other funds operations).
The Treasury Holon of each Operational Sphere
will have the authority to decide the allocation of incoming financial resources to the different needs, including the different Salary Bands for each Role.
Each Fund (or any holón or project for the matter)
Would have autonomy to raise funds for their own purposes.
For the first 100 Million in income, funds will be managed by the Core Operations Sphere. Funds will be distributed according to priorities in our development plan, in consultation with the relevant spheres and holons.
Approving the Annual Budget per Sphere and Holon
Based on the active development plan and the budget allocated to the agency for the year by the Economy Holon, each holon will calculate how much they need to achieve their priority deliverables and
Gaia Agency general budget allocation decisions (of the Operations & Platforms fund)
Agency Governance Sphere (Operations & Platforms Fund):
It is made up of the following:
– 2 Votes from the Visión Keepers (ideally 1 woman and 1 man) 2person, 2 voices, 2 votes)
– 3 Votes from Strategy and Direction holon (3 persons, 3 voices, 3 votes)
– 1 Votes from the Admin and Legal holon
– 1 Votes from internal comms
– 1 Votes from each of the 6 Operational Spheres (1 vote per Sphere) total votes = 6
Gran Total 13 voices and more than 33 people influencing on the final Agency budget.
What % should each Thematic get from the General Gaia Fund
Rainbow Governance Projects General Sphere
Its composed of the following:
– 6 Votes The Agency General Sphere Representatives + 9 from each Fund
– 7 Votes representatives from the Thematic Sphere
– 11 Votes from the Stewardship Councils.
Distribution of Funds
Upon reaching the Full Activation phase, Gaia Commons adopts a structured approach to allocate funds. This allocation follows a proportional distribution based on percentages, ensuring that the funds are effectively utilised across different aspects of our ecosystem.
To ensure the smooth functioning of Gaia Commons and provide necessary infrastructure, resources, administrative support, and supplementary funding for community, projects and organisations, it would allocate this funds approximately as follows:
11.1% of the funds are allocated for EcoSocial High Impact or Emergencies Aid, 11.1% for Digital Content and up to 11.1% for Platforms & Operations.
Up to 33.3% is allocated to the Global eco habitats network Fund, which goes then to the national level and then to the local communities / biohabitats level. This allocation supports the implementation of regenerative projects at the local level, empowering local communities to create positive change in their respective territories.
The remaining 33.3% is distributed in three investment funds. These funds focus on projects and organisations that generate financial returns. Through strategic investments, we aim to grow the financial resources available to Gaia Commons while contributing to positive environmental, tech and social outcomes.
Gaia Commons funding approach combines financial support and non-financial resources to empower initiatives and projects aligned with our vision. By strategically allocating funds, supporting operational costs, making investments, and embracing a collaborative decision-making process, we aim to create a resilient and regenerative ecosystem that fosters community empowerment and positive social and environmental impact.
gLocal Hubs
(Continental and National Fractal Funds & Hubs)
Introduction
In Gaia Commons, we have established the Continental and National Hubs as an important component of our governance and decision-making structure. These Hubs represent the continents and the island nations most closely linked to them, ensuring regional representation and participation in the Gaia Commons Ecosystem.
Governance Structure
The Continental and National Hubs sit within Gaia Commons DHE and serve as regional governing bodies. They are responsible for understanding the unique needs and challenges of their respective regions and allocating funds to support the second layer of GLocal structures and projects. These circles work closely with local communities, organisations, and stakeholders to ensure effective decision-making and resource allocation.
Collaboration with the Gaia Commons Core Sphere
The Continental and National Hubs collaborate closely with the Gaia Commons Agency Sphere, which acts as a type of central coordination body of Gaia Commons. Together, they work to determine the allocation of the collective funds under the stewardship of Gaia Commons. This collaboration ensures that decisions regarding global initiatives, emergencies, and rebalancing efforts are made collectively, taking into account the diverse perspectives and needs of all regions.
Allocation of Funds within the GLocals
A significant portion of Gaia Commons funds, specifically the 33.3% allocated to the GLocal EcoHabitats Network, and it is split fairly and regeneratively among the Continent and National Funds and then between BioRegions / BioHabitats / Local Communities. Each circle has the authority and autonomy to determine the distribution of funds within their BioRegion, taking into account the specific needs, projects, and priorities of their communities. This approach empowers local decision-making and ensures that resources are allocated in a manner that best serves the collective goals of the GLocal ecosystem.
Accountability and Evaluation
Accountability and evaluation are paramount within Gaia Commons governance framework. The Continental and National gLocal Hubs, along with the Gaia Commons Treasury Stewardship Councils, are responsible for transparently reporting on the allocation of funds and outcomes achieved within their regions. Regular evaluations and assessments help measure the impact of initiatives, ensure the responsible and effective use of resources, and provide opportunities for continuous improvement.
Conclusion
The Continental and national gLocal Hubs, representing the different regions (and closely linked island nations), play a crucial role in the governance and decision-making processes of Gaia Commons. By empowering local communities, fostering regional collaboration, and ensuring accountability, these circles contribute to the equitable distribution of resources and the advancement of regenerative initiatives within their respective regions. Through their collective efforts, in collaboration with the Gaia Commons Stewardship Councils, we strive to create a sustainable and inclusive ecosystem that honours diverse local wisdoms, contexts, needs and aspirations.
Due Diligence Framework
Introduction
The Due Diligence Framework provides a comprehensive guide for assessing supported projects within Gaia Commons. This framework is designed to ensure that projects align with Gaia Commons mission and principles, while also considering their impact potential and sustainability. It serves as a checklist to evaluate various aspects of potential supported projects.
Impact Potential Analysis
♦ Define the target audience and beneficiaries of the supported project.
♦ Assess the potential positive impact the project can have on communities, ecosystems, and regenerative practices.
♦ Consider the scalability and replicability of the project to maximise its positive influence.
Demographics
♦ Determine the target population for the supported project.
♦ Analyse the demographics of the target population and their specific needs and challenges.
♦ Consider cultural and social factors that may influence the project’s implementation and impact.
Project Plan
♦ Evaluate the clarity and feasibility of the project plan.
♦ Assess the alignment of the project with Gaia Commons vision and mission.
♦ Verify the inclusion of realistic timelines, goals, and objectives in the project plan.
Project Team and Capacity
♦ Identify the key individuals and organisations involved in the project.
♦ Assess their relevant experience and expertise in implementing similar projects.
♦ Evaluate the project team’s capacity and commitment to achieving the project’s objectives.
Financial Analysis
♦ Evaluate the financial aspects of the supported project, including the proposed budget and funding requirements.
♦ Assess the financial sustainability of the project and its potential for long-term impact.
♦ Verify the transparency and accountability of financial management practices.
Operations and Implementation
♦ Assess the key operational aspects of the supported project.
♦ Determine the project’s scalability and replicability potential.
♦ Identify potential operational risks or challenges and develop mitigation strategies.
Legal and Regulatory Compliance
♦ Ensure that the supported project complies with all relevant legal and regulatory requirements.
♦ Assess any potential legal or compliance risks associated with the project.
♦ Address any legal or regulatory concerns before proceeding.
Environmental, Social, Governance and Economic Regenerative Management
♦ Evaluate the supported project’s alignment with Gaia Commons policies and principles.
♦ Consider the project’s environmental impact, social benefits, and governance practices.
♦ Assess the project’s contribution to the overall sustainability and regeneration of communities and ecosystems.
Risk Identification and Mitigation
♦ Identify and categorize potential risks associated with the supported project.
♦ Develop a comprehensive risk mitigation plan.
♦ Address any identified risks to minimise their potential impact on the project’s success.
Monitoring and Evaluation
♦ Develop a monitoring and evaluation framework for the supported project.
♦ Define key performance indicators (KPIs) to track project progress and impact.
♦ Establish mechanisms for regular project updates and reporting.
Conclusion
The Due Diligence Framework provides a structured approach to assess and evaluate supported projects within Gaia Commons. By following this framework, Gaia Commons ensures that projects align with its mission, have a significant potential for positive impact, and contribute to the overall sustainability and regeneration of communities and ecosystems. This framework, combined with Gaia Commons vision and principles, guides the decision-making process and supports the successful implementation of supported projects.
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