Incentivise and empower society to solve big problems
The first outcome we aim to achieve is universal food security in 10 years time
Big Problems Need Big Solutions
Food Insecurity
- 10% of the world's population suffers from food insecurity
- Every second, 1 person dies from a food-related cause
- Every fifth person from that is a child under 5 years old
- Somewhat paradoxically, food insecurity often correlates with obesity
Pollution
- More than 1 billion people worldwide don’t have access to safe drinking water
- Pollution kills more than 1 million seabirds and 100 million mammals every year
- More than 3 million kids under the age of 5 years die every year due to environmental factors like pollution
Access to Education
- A child whose mother can read is 50 percent more likely to survive past the age of 5
- Nearly 15 million girls and 10 million boys of primary school age will never have the opportunity to learn to read and write
- In 2012, there were 168 million child labor workers aged 5 to 17 – one reason many children cannot attend school
The Building Blocks
Here are the individual concepts that we build on
Effective Altruism
Uses evidence and careful reasoning to work out how to solve a problem, promoting only the most effective solutions to be implemented in an unambiguously measurable manner.
Social Policy Bonds
Enable individuals (possibly in organisations) to commit to social outcomes, incentivising cost-effective achievement, funded by larger donors and/or governments.
Social Impact Bonds
Encourage commercial investment in projects of social good, decided by policy makers/governments. Government only has to pay once the outcome has been achieved.
Decentralised Autonomous Organisations
Tech-enabled organisational structure that provides automated and trusted administration and record-keeping.
Social Enterprises
Maximise profits for owners/shareholders while also maximising benefit towards a social objective. Commonly, the sales are directly linked to a direct contribution to a cause.
Bringing it Together
Bringing all the concepts mentioned above together to define, fund and incentivise sustainable social outcomes. The model applies to achieving any social good. We choose to start with food poverty.
Download Whitepaper
The whitepaper provides more details of the concept. It's a living document, so feel free to check out the history here for how the concept has shaped up in over one year.
The submission on OpenIDEO can be accessed here.
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Think and do big. Become the solution.
About Me
My background is a mix of Computer Science, Business and Human-Computer Interaction. I have also volunteered for over 20 years in different roles. I continue to organise events as part of Global Citizens and InterNations, to bring people from diverse backgrounds together in a meaningful way.
We've been to the moon and back, travelled at supersonic speeds and can make a hundred varieties of coffee. With the right motivations and aspirations, we can do anything. A robust decentralised charity platform built to reward good work can solve big problems.
Thank you for checking out this concept! Here's my personal website, for reference.
- Moiz Penkar
© 2019