Commodity money coins. Commodity money Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects that have value in themselves (intrinsic value) as well as value in their use as money. Examples of commodities that have been used as mediums of exchange include gold, silver, copper, salt, peppercorns, tea, large stones (such as Rai stones), decorated belts, shells, alcohol, cigarettes, cannabis, silk, candy, nails, cocoa beans, cowries and barley. These items were sometimes used in a metric of perceived value in conjunction to one another, in various commodity valuation or price system
Sustainable Commodity Initiative Sustainable Commodity Initiative The Sustainable Commodity Initiative (SCI) is a joint initiative launched by the International Institute for Sustainable Development (IISD) and the United Nations Conference on Trade and Development (UNCTAD) in 2003. The SCI works closely with the international community to discover ways to ensure that sustainable practices are adopted into commodity production and trade that enhance social, environmental and economic welfare on a global scale. The SCI was formed to facilitate the development of sustainable commodity production and trade sectors. The initiative works collaboratively with producers and producer organizations, voluntary sustainability initiatives (VSI's), the private sector, government institutions