Commons Trusts
From P2P Foundation
= "Co-governance and Co-production of a Commons asset by a local community of producers and users with the primary goal of preserving the resource for future generations. Local trusts must coordinate regionally and cooperate across regions creating Global Trusts to effectively safeguard global commons" (James Quilligan)
See the detailed treatment in the Commons Trusts FAQ
Example
- A Waqf is an inalienable religious endowment in Islam, typically denoting a building or plot of land for Muslim religious or charitable purposes. It is conceptually similar to the common law trust. [1]
