I think it’d be preferable to explicitly list as a reason for applying something along the lines of “Grantees who received funds, but want to set them aside to protect themselves from potential clawbacks”.
Less importantly, it’d possibly be better to make it separate from “to return to creditors or depositors”.
Seems like great work, and I’ll engage with it more in the future! But I wanted to push back a little on this excerpt:
You can check a paper I co-authored on the constitutionalization of future generations to see that 81 out of 196 constitutions (41%) explicitly mention future generations, with varied levels of legal protection. In short, one of our takeaways is that constitutions don’t seem like a quite tractable way of protecting future generations, since many of these de jure protections don’t translate into de facto actions – the latter seem to mostly be a product of other factors. I haven’t read Tonn’s work.