Marshall Islands

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Marshall Islands launches national universal basic income

By / / Good News For Humankind

The Republic of the Marshall Islands has pioneered a new economic model with the launch of the Sovereign (SOV). This national digital currency funds a Universal Basic Income, providing citizens with quarterly payments of roughly $200 USD. Operating a dual-currency system, the scheme allows residents to receive these automatic dividends in digital SOV or instantly convert them to US dollars for daily needs. This innovative approach provides a stable financial safety net while promoting long-term economic independence.

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Marshall Islands signs treaty banning nuclear weapons in the South Pacific

By / / Good news links

The Marshall Islands has become the 14th Pacific Islands Forum member state to join the South Pacific’s nuclear non-proliferation and disarmament treaty. The agreement, known as the Treaty of Rarotonga, was opened for signature on 6 August 1985 and entered into force on 11 December 1986. The current member states of the treaty are Australia, Cook Islands, Fiji, Kiribati, Nauru, New Zealand, Niue, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu.

School of fish

Marshall Islands protects ‘pristine’ Pacific corals with first marine sanctuary

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The Marshall Islands government has announced it will protect an area of the Pacific Ocean described as one of the most “remote, pristine” marine ecosystems on Earth. The 18,500-square-mile marine sanctuary covers two of the country’s northernmost uninhabited atolls and the surrounding deep sea, and it is the first federal marine protected area (MPA) established by the Pacific Island nation. Fishing and other extractive activities will now be strictly forbidden, future-proofing the area against threats and formalizing protections.