What Financial Policies Apply to Dues, Benefits, and Member Responsibilities within the GRA Leaders Council?

Membership dues for the Leaders Council of the Global Risks Alliance (GRA) are strictly non-refundable and are governed by applicable provisions of international civil society law, UN ECOSOC accreditation protocols, and the Institutional Charter of the Global Centre for Risk and Innovation (GCRI). As a capital coordination entity operating under GCRI’s Special Consultative Status with the United Nations Economic and Social Council (since 2023), and as a recognized civil society actor in the frameworks of the World Bank, IMF, Santiago Network, and UN Sustainable Development Solutions Network (SDSN), GRA adheres to the highest standards of fiduciary oversight, legal accountability, and public-benefit governance.

Nature of Dues

GRA membership dues are not payments for services or transactional benefits. Rather, they are constitutional financial commitments that affirm a member’s role within GRA’s non-executive, member-governed, and clause-certified capital architecture. These dues sustain the institutional independence, foresight integrity, and legally compliant operations of GRA across national, regional, and global governance tiers. All funds are deployed exclusively to support GRA’s public-interest capital mandate, as outlined in its Charter and GCRI’s governing bylaws.

Permissible allocations include, but are not limited to:

• Legal establishment and operational readiness of GRA offices and capital corridors in Geneva, Singapore, Nairobi, New York, Vienna, and regional financial hubs;
• Convening and maintenance of the Leaders Council, Capital Governance Week, and Regional Stewardship Boards (RSBs);
• Clause-based fiduciary infrastructure, including Nexus Platforms, DAO integration, simulation-certified oversight, and sovereign finance protocols;
• Independent audits, compliance reporting, and alignment with Swiss, Canadian, and multilateral legal standards governing civil society financial institutions.

Governance of Dues and Financial Independence

All membership dues are managed through a multi-signatory escrow and clause-certified governance model, subject to the financial oversight of:

• GCRI’s Board of Trustees,
• The GRA Leaders Council, and
• Independent legal custodians appointed under GRA’s fiduciary charter.

No individual member, contributor, or external partner may earmark or influence the allocation of dues, thereby safeguarding GRA’s neutrality and institutional independence from commercial, governmental, or political capture.

Refund Policy

In alignment with prevailing multilateral civil society and fiduciary governance norms, all dues are final and non-refundable. This policy reflects GRA’s legal identity as a governance infrastructure, not a service provider. Leaders Council members participate in GRA to advance shared strategic objectives in sovereign capital deployment, not to obtain individual benefit. The irrevocable nature of dues ensures the stability, trust, and transparency of GRA’s globally distributed governance system.

Membership Standing, Rights, and Responsibilities

Dues are the legal and procedural basis for establishing and maintaining “good standing” within the Leaders Council. Members in good standing are conferred with the following responsibilities and privileges:

• Occupy official governance seats—national (Affiliate), regional (Fellow), or global (Patron)—within GRA’s clause-governed institutional framework;
• Participate in policy and capital formation deliberations, including proposing resolutions, contributing to investment strategies, and voting on governance decisions;
• Serve as non-executive fiduciaries, ensuring that public-interest capital infrastructure is legally sound, transparently governed, and financially accountable;
• Adhere to GRA’s legal instruments, including the Membership Bylaws, Governance Code, Conflict of Interest Protocol, and institutional agreements with multilateral bodies;
• Remain eligible for nomination to leadership roles, including Capital Governance Committees, Investment Protocol Advisory Boards, and regional working groups, subject to clause-based eligibility review.

Membership may be suspended or revoked in accordance with GRA’s chartered disciplinary protocols for:

• Non-payment or delinquency;
• Breach of fiduciary or legal duty;
• Inactivity or failure to participate in required governance sessions;
• Violation of ethical or conflict-of-interest policies.

Institutional Significance of Dues

GRA’s dues framework is legally designed to:

• Uphold the non-partisan, independent, and simulation-verifiable integrity of its global governance mandate;
• Ensure that all financial and fiduciary actions are grounded in public purpose, clause-executed, and independently auditable;
• Protect against undue influence from private, sovereign, or commercial actors by maintaining a member-funded capital governance system.

In essence, membership dues function as both a legal commitment and a sovereign trust instrument. They confirm the member’s active role in co-governing a planetary risk financing alliance and affirm GRA’s enduring position as a neutral, lawful, and clause-certified capital coordination platform—accountable only to its members and the global public interest it serves.