‘Member when’ James Bond films had fantastic evil geniuses with secret lairs that made you gawp in wonder and awe. We’re thinking of Scaramanga’s Khow-Ping-Kan base in ‘The Man With the Golden Gun’ or Blofeld’s extinct volcano in ‘You Only Live Twice’. However, nothing so far in real life has ever really measured up. Yeah, we agree, Elon Musk is showing signs of potential and may indeed become ‘Overlord of Mars’ – one day. We need something more tangible though. So, you can forget the evil genius part (we think), but an initiative called the Floating Island Project has announced it’s intentions to be up and running by 2022 somewhere off the coast of Tahiti.

The Floating Island Project is stewarded by nonprofit organisations the Seasteading Institute and Blue Frontiers. Backed with original investment from Paypal co-founder, Peter Thiel, the project team could have up to $50 million burning a hole in their Speedo’s. The project has lofty ambitions too, this is no floating island resort, aiming to offer solutions to the problems of rising sea levels and sustainable development.

The Floating Island Project could wipe out the threat of rising sea levels and tackle a looming climate refugee crisis. (Source: Blue Frontiers)
The Floating Island Project could wipe out the threat of rising sea levels and tackle a looming climate refugee crisis. (Source: Blue Frontiers)

The government of French Polynesia has partnered with the Floating Island Project in what can only be dubbed a very shrewd move. The island nation will be only too aware that they feature heavily in the projected statistic of 200 million people being displaced due to rising global temperatures by 2050. Those sobering figures from the International Organisation on Migration are only slightly more worrying than the recent World Bank report, Groundswell—Preparing for Internal Climate Migration, which is predicting 143 million climate refugees by 2050.

Speaking to ABC Australia, Seasteading Executive Director Randolph Hencken stated ,”We were looking for sheltered waters — we don’t want to be out in the open ocean — it’s technologically possible but economically outrageous to afford,” adding”If we can be behind a reef break, then we can design floating platforms that are sufficient for those waters at an affordable cost.”

However, Seasteading President and ‘Aquapreneur’, Joe Quirk, believes housing costs will initially reflect the same prices to be found in the London and New York real estate markets. So, not everyone will be able to dip their toes in the waters of this floating island paradise.

The new floating societies are not only envisioned to help combat climate change but create communities that have the ability to operate outside the jurisdiction of regular government. But wouldn’t a de-centralised government or society need it’s own currency? Well, they’ve already thought of that and the community also known as a ‘seasteading’ will have an economy powered by it’s own bitcoin alternative named Vayron. Which does sound like a plausible name for a super villain in a Bond film.

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