For each one tonne of organic carbon sequestered, put, grown into a bio-diverse living environment at or into GC-Lands and Waters, GC-Dollars will generate $4000.00 GC-Dollars.

The GC-Landowner receives $1000 GC-Dollars’ per tonne of organic carbon put, grown into the bio-diverse living environment plus, they receive 8 hours per week of worker’s hours shares. (The eight hours per week and the $1000 GC-Dollars’ per tonne is limited to one GC-Landowner, where there is more than one landowner, they must share this dividend between them.)

Any GC-Landowner can earn extra GC-Dollars by working on-site on the GC-Land and water and logging the work hours as a GC-Worker

The GC-Workers log their hours on the website for each of the GC-Lands and Waters that they work at.
A total of hours worked at each of a GC-Landowner’s GC-Lands and Waters are added up for each individual location. When repeat environmental testing is carried out at any of the GC-Lands and Waters they have worked at, the GC-Worker/s receives their share based on the hours they worked, and the amount of carbon accumulated into the living environment, at that specific GC-Lands and Waters location within that evaluation period.

Global Climate Dollar Pty Ltd receives $1000 GC-Dollars for each one tonne of carbon sequestered, put, grown into a bio-diverse living environment at or into GC-Lands and Waters, minus 10% that goes to the country where the organic carbon was accumulated.

1% more of the newly minted GC-Dollars will be taken from Global Climate Dollar Pty Ltd.’s share of the newly minted GC-Dollars for 50 years, these GC-Dollars go to the person/business/charity or to the GC-Dollar affiliate, who signs up the GC-Land and Water.

Each time a new project is registered, our webpage takes note of the country where the project is based, checks our system for an existing account and if there is one, adds the new project to that list. If there is not, we will open one in the name of the country once our wallets have been created.

The remaining $1000GC-Dollars per tonne is to be divided equally between the GC-Landowner, the GC-Workers and GC-Dollar at a rate of $10 per tonne per year for the next 100 years.

The GC-Landowner will receive their residual payment for the property but only until such time as they sell their property, the new property owner will receive the remaining payments starting from the next environmental evaluation.

The GC-Landowners selling the property will continue to receive their residual payments for the allotted hours and worked hours, for the environmental restoration work they have achieved. This can end if the new owner intentionally destroys the restoration work, so it is in the best interest of the GC-Landowner to ensure they pass the property on to somebody who is going to look after it.

The GC-Workers receive their residual payment based on the original equation for the hours worked in the year/s that the carbon was accumulated. Global Climate Dollar receives its one third share into its account to enable us to continue to care for our planet, people, and our staff.

We will be using the tonne (or 2204.6 pounds) as our standard measurement for a tonne. This is known as the metric tonne.

Our Exchange Rates,

The Global Climate Dollar is going to be a stable digital commodity, similar to a stable coin. It will be generated at a rate of 1 to 1 with the historical exchange rate of the US 2019 dollar. On the 16/4/2021 we completed our original download of exchange rates, on 19/01/2022 the decision was made to find the exchange rate for the not-available (NA) exchange rates from our original downloaded document, we returned to Google, to find an exchange rate for the US-Dollar in 2019 and for as many countries’ currencies exchange rates as we could find, and added this information, we now have a known exchange rate for over 170 countries currencies based on their value in 2019.

Our stable dollar commodity Global Climate Dollar (GC-Dollar) is set for review every 20th year starting from December 2019, and examination and variation of the price of our currency may also occur as a result of a global financial crisis (GFC). The currency’s next date for price evaluation is due in December 2039.

There is a one-time opportunity for a country to change its exchange rate, if a country chooses to peg its dollar to our currency, they have the option to use our known exchange rate for their countries currency or have their exchange rate updated to the current global price for the US dollar, whichever is best for their country.