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Licensed Unlicensed Requires Authentication Published online by De Gruyter January 28, 2022

Finance for Green Chemistry through Currency Mix

  • Joji Watanabe EMAIL logo
From the journal Physical Sciences Reviews


Introduction of green chemistry will require a large sum of finance to conduct basic research and develop applications at various research institutes in the public and private sector. To meet the financial needs, the author suggests a change in the currency system commonly applied in most countries to a mix of debt currency and equity currency, in which the latter means currency directly issued by the government, thereby avoiding arguments on the upper limit of government bond issuance. In most advanced economies potentially with large excess supply capacities, bad inflation never takes place as long as workers can work in peace under good securities, and as long as additional budget can be used in proper manners. This new currency issuance system for sufficient public funding will not only support research and realization of green chemistry, but also solve social problems by assisting the underprivileged, etc.

Corresponding author: Joji Watanabe, NPO All Life Line Net, Environmental Science Corporation, Itsuro Bldg. 4F, 3-7-2, Kanda-Nishiki-cho, Chiyoda-ku, Tokyo 101-0054, Japan, E-mail:

  1. Author contributions: The author has accepted responsibility for the entire content of this submitted manuscript and approved submission.

  2. Research funding: None declared.

  3. Conflict of interest statement: The author declares no conflicts of interest regarding this article.


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Published Online: 2022-01-28

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