Sovereign wealth funds have already led to several success stories, such as Norway’s Government Pension Fund, or Alaska’s Permanent Fund that is used to pay a public dividend program which has been called the world’s only example of a basic income program. But this development is already largely underway with an increasing number of governments looking to establish such “rainy day” funds. Countries that already have such funds in place have been able to make withdrawals during this period to provide economic support to the country’s economy during the pandemic, for example Norway and Nigeria. Governments need to establish citizen’s wealth funds to address not only the COVID economic crisis but the impending environmental crisis also. Such funds could be invested in de-carbonisation and job retraining schemes, while reinforcing a feeling of stakeholder-ship and citizenship in the citizenry, something that has taken a knock in many parts of the world in recent years.