Newly Released Book: THE TIERRA SOLUTION: How to Solve the Economic Crises While Saving the Climate

Top Quote While world leaders convene at the Rio+20 Conference to discuss how to reduce global poverty and ensure environmental protection, while economic storms rage in the Euro zone, the U.S., and now also in emerging economies, solutions to these crises are offered in a new book called The Tierra Solution: Resolving Climate Change Through Monetary Transformation by Frans Verhagen. End Quote
  • New York, NY (1888PressRelease) June 22, 2012 - Verhagen, a sustainability sociologist, proposes a solution to the dual threat of climate change and financial crises-the Tierra Solution. He calls for a banking system without the privilege of money creation, a credit-based financial system governed by a Global Central Bank, and most importantly, a carbon standard for the international monetary system with the Tierra as its unit of account.

    Just a few years ago when the economies appeared to be doing fine and climate change was simply a matter of discussion, The Tierra Solution might have been considered idealistic or academic. Now that circumstances have changed dramatically, this book will be seen as visionary and critical for the way we want to manage our societies. As Felix Dodds, executive director of the Stakeholder Forum for a Sustainable Future, says in his foreword to this book: "Whatever happens in Rio, we have to change the way we are living on this planet."

    Verhagen's book will appeal to concerned citizens who want to combat the economic crises and climate change with innovative solutions; it will offer critical reading to economists and public officials; and it will inspire international development experts and climate scientists to look differently at the dual challenges of climate change and financial crises. The value of this book is already evident from the praise it has received from many thought-leaders:

    "It is a must-read for everyone who cares about the fate of the earth."
    -Sheila D. Collins, professor of political science emerita, William Paterson University
    "Whether you agree or disagree… Verhagen is out to lay a new foundation for environmental and climate justice, with an overhaul of the international monetary system…"
    -Rev. Arthur Simon, president emeritus and founder of Bread for the World
    "A visionary and immensely practical approach to reforming today's bubble finance and taming its global casino."
    --Hazel Henderson, president of Ethical Markets Media, author and creator of The Green Transition Scoreboard ®

    FRANS C. VERHAGEN is a sustainability sociologist with a Ph.D. in the sociology of international development from Columbia University. He founded the Queens Green Party, the Riverside Church Ecology Task Force, the Ecolinguistics Commission and the International Institute for Monetary Transformation ( He has worked around the world and online teaching environmental policies and sustainability.

    THE TIERRA SOLUTION: Resolving Climate Change Through Monetary Transformation
    Foreword by Felix Dodds
    Cosimo Books, June 2012
    Economics and Environment
    ISBN 978-1-61640-688-2
    Paperback, 374 pages, $19.99 / £14.99

    COSIMO BOOKS publishes titles by experts, academics, journalists, and visionaries on topics including Public Affairs, Economics and Socially Responsible Business. Cosimo Books, based in New York, is an imprint of Cosimo, Inc., a specialty publisher of books and publications that inspire, inform, and engage readers. Cosimo's mission is to create a smart and sustainable society by connecting people with valuable ideas.

    Always available at online bookstores. Visit


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