What you can do on the Sustainability Credit Exchange

The Rescue Earth Sustainability Credit Exchange (RESCUE Exchange) is a highly secure transaction platform based on banking software. It is also a dynamic searchable geo-directory of volunteer projects, donors, businesses and volunteers.

The tokens and points (units-of-exchange) that are available on your profile are: BZ, DP, pRE, Qu and RE. Below is a brief summary of the tokens and points that you can use.

BZ — Blitz

BZ tokens are used by the Permablitz System for Permablitz participants to exchange / swap time. 1 BZ equals 1 minute of participant time. 2 BZ equals 1 minute of specialist time and 3 BZ equals 1 minute of a certified Permaculture Designers time. A specialist is for example, a plumber, an electrician, a carpenter, etc. plus anyone that has completed Level 6 of the Regenerative Systems Design Course — RSD MOOC.

The first 10,000 new members will get rewarded with an early-bird bonus of 120 BZ. Although public space Permablitzes were originally supposed to increase the amount of BZ in circulation, the Covid-19 pandemic changed that goal. The 1,200,000 BZ in bonus BZ will be enough to kick-start the system. Public space Permablitzes (Permascapes) will soon be able to fulfill this role again.

What is a Permablitz? A Permablitz is a rapid makeover / restoration of a property to be more regenerative, resilient and sustainable using permaculture as a guide. The term permablitz is a contraction of permaculture and blitz, where a blitz simply means a focused effort to get something done quickly!

To be defined as a permablitz each project must be underpinned by a permaculture design done by someone with a Permaculture Design Certificate (PDC) –- the most basic permaculture qualification. Permablitz projects are predominantly in more urban / peri-urban landscapes.

DP — Discount Points

The Discount Point tokens (DP) are available for purchase by volunteers / sponsors. All funds raised go to the RegenCAN and SOLhelp Initiatives. DP tokens can be used to get 10% off purchases at participating outlets.

pRE — Patron RESCUE

Patron RESCUE (pRE) are a non-transferable register of monetary ‘support’ made by individuals towards the 20+ Rescue Earth Initiatives and the approved projects of the Regenerative Community Action Network by purchasing DP tokens (Discount Point tokens). All the income is distributed by the Regenerative Restoration Fund. In other words pRE are used to log your contribution to the Regenerative Restoration Fund. 

All funds go to the RegenCAN and SOLhelp Initiatives.

pRE are not transferable but can be inherited from a deceased member.

Qu — Quanta

Quanta (Qu) are used for community exchange transactions between members — e.g. swapping out home grown vegetables, when buying heirloom seeds, paying for a practical course, an elective course, etc. — and online via the Regenerative Health & Lifestyle shop.

RE — RESCUE — Sustainability Credits

A RESCUE — pronounced as rescue — is a measurable Sustainability Creditt. RESCUE are represented by the RE ‘token’ symbol when using the Sustainability Credit Exchange. Although RE are not transferable, they can be inherited from a deceased member.

Volunteers volunteer to projects that are members of the Rescue Earth System and are awarded 1 RE per minute they volunteer by the project they are volunteering at. N.B. The Rescue Earth System does not have its own projects.

The only income that the Rescue Earth System (Regenerative Systems) receives is the R100 monthly membership fee. All other funds are paid directly to NPOs or to the special purpose co-operative.