Best Ideas 2018 features all the nominated entries submitted to the Youth Citizen Entrepreneurship Competition under ‘Submit your Idea’ category. All the entries consist of innovative solution or proposition for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage. If you want to know the 10 finalists in this category, click HERE
A NEW GLOBAL INSURANCE
Explain your idea in details:
a new global insurance model must be introduced. This must be financed by the billions of private funds ready to be spent and which are waiting to find a useful outlet for everyone's life. International organizations must approve a resolution that will bring individual states or confederations of states around the world to finance, through tax breaks and bureaucratic advantages equal to 180% of the invested capital, those companies, companies, funds, groups of citizens, individuals citizens, who finance a new global insurance that is managed by investors and controlled in the objectives to be followed by public organizations. The insurance must cover all the branches that the competition asks to implement. Will cover a segment of the population that can not access the areas of reference and, having a budget to exhaustion, will oblige those who will be guaranteed, to participate in projects to raise awareness in matters that affect us to the rest of the population. Some sectors will be sensitized to improve the various aspects of society with their daily behavior, others will be led to invest new resources in this project.
Expected impact of your idea on sustainable development
The impact of this project moves in three directions: the primary one is to ensure that those who do not have access to all the services concerning the contest can finally access it. The second is to stimulate private capital to be spent for causes that can achieve a sustainable and constant development of society, in order to give every citizen the possibility to self-determine a change in the world with the tools that daily life offers. The third, which embraces both, is the cooperation of international organizations and state governments with the holders of large economic resources and those who do not have the resources to access the necessary services. This will trigger a virtuous process that will lead to a global awareness of the population on these issues, to a constant funding of this project through the reductions and the bureaucratic and fiscal benefits, the reduction of the costs of the states to reduce social and environmental inequalities and an improvement in the life of every single citizen, with the growth of a new social and work force ready to enter the various fields of society thanks to a scholastic and educational training guaranteed to all.
Plans for implementation and sustainability
This project is financed by private funds and supported by public authorities. Individuals will invest their assets receiving in return a super amortization of 180% of the invested capital. All this will allow individuals to invest in a new model of sustainable development, and to the public power to save on the considerable costs they face to overcome inequalities. The insurance must be proven management, with investors as partners and controlled by the public authorities, which will set poles and areas of action, as well as a constant monitoring of the objectives that must be achieved every two years, otherwise the reductions will come hand in hand decreased until the established standards are reached. In addition to the objectives listed, a further objective is the creation of a conscious and trained work force through the project, which comes from any part of the population, especially from the one that has never been able to access the processes of economic and social decision-making. All this will allow a proper expense to be invested for private individuals, also with the birth of new eco-sustainable businesses, and new income for the state that will save on expenses that they have had to face without the support of private individuals.
My name is Christian, I'm 24 years old and I live in Sicily, in Scicli, in a UNESCO heritage area. I am graduating in law and have always been passionate about the idea of finding new ways to improve the life of the population. I write for various local newspapers, I love sports and writing: in each of my activities I think of how all -one excluded-must have the right to have the same life that I can have myself.