ESA's ambitious 'Moon village' plan could see humans living on the lunar surface within 25 years.
Speaking at the European Planetary Science Congress in Riga this week, 'Moon Village' ambassador Bernard Foing outlined how creating a permanent settlement on the Moon is not only viable, but something that could be genuinely achieved over the next few decades.
By 2030, he proposed, mankind could have established a lunar settlement of between six and ten pioneers made up of scientists, technician and engineers.
Within the following decade, the population of the colony would increase to around 100 people and by 2050 it will have grown exponentially with over 1,000 people living and working on the Moon.
Unfortunately however, while there is a great deal of interest in the project among scientists and entrepreneurs, politicians have so far been hesitant to commit.
One of the biggest problems, as always, is money, meaning that any attempt to elicit funding for such an ambitious project may hinge on whether such an endeavour has long-term financial potential.
"It is highly frustrating," said physicist Vidvuds Beldavs of the University of Latvia.