Best Ideas 2022 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.

The Giving Penny

Stage of Idea conceptual stage, planning stage

Explain your idea in details:

First and foremost we have to figure out the logistics of pennies/coins collection machines. Then we have to come to an agreement with local governing bodies to place those vending machines in multiple locations. While the physical setting up is being performed, we also have to make sure this project reaches enough people so that they can first evaluate the idea themselves, and then if they like the idea, they can join/contribute/volunteer. This project also benefits the donor/contributor/volunteer with a system called "Good Faith Credit". We can make a complex computer algorithm that calculates the "Good Faith Credit" score. This score can be built/improved with participation (of any sort, for eg. financial, volunteering, social, logistics e.t.c.) in community activities, and the project "The Giving Penny" will keep a certain percentage of revenue generated as a social-security fund for the participators/contributors. This fund (based on your "Good Faith Credit" score) can be accessed (need-based) by any member of the "The Giving Penny" when they are in a not-so-well place financially.

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Expected impact of your idea on sustainable development

This idea of "The Giving Penny" project was itself built on the foundation of sustainable development. All the coins collected and donations received will be put into the master fund and will be distributed on a need basis. For example, if some regions of Bangladesh are struck by a devastating flood, then in such a scenario, a significant amount of money collected all over the world will be distributed to that region on a priority basis. In places where we have to set up a community from scratch, we must follow sustainable development methods (no matter how small the scale of that community will be). For example, let's say we have to move people trapped in some mild conflict zone of "Location A" to somewhere safe, then on that new-found-land of safety, we will set up sustainable community efforts like local farming, community skill-sharing (if possible, we could also provide wages by circulating the received money, so that people feel they are earning the fruits of their work.

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Plans for implementation and sustainability

The money will be collected mainly as coins collection, but if people really like the idea and want to donate cash, they will be able to do so as well. The local governing body will also play an important role in third-party monitoring and mentoring. I consider "The Giving Penny" to be an open-source project and volunteer are free to submit their inprovement ideas and collaborate according to their skill and expertise.

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Your profile

I am Sulav Mani Aryal from Nepal. My motivating factor for "The Giving Penny" was co-existence. I am deeply inspired by Nature, and since nature has a no-discrimination policy, I think there should be a no-discrimination policy for human beings also (at least when it comes to the basic needs), but there can be incentivization of good actions. I have a Bachelor's Degree in International Relations and was not fortunate enough to complete my Master's Degree in Social Justice And Human Rights.

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