D3. Necessary notes

Related to the above are the necessary notes on organizational and financial issues of the feasibility of Open Webbook’s goals. Let's divide them into three segments of this critical task:

  1. Where are the funds? 

  2. How to recognize them in the structure of SED, DRR, and HA?

  3. Where is the problem?

1. Where are the funds?

From the sources available on the Internet, it is necessary to mention two essential financial sources. The first is ODA (Official Development Assistance), and the second is BRI (Belt and Road Initiative). The 2021 budgets put the amounts at $267.8 and $153.7 billion. It is a total of $321.5 billion. That's not all; there are more funds worldwide, e.g., applied as bilateral, multilateral, military, voluntary, humanitarian, tied, and project aid in a mix of public, private, and other forms of funding. According to the commitment accepted by all UN states, developed countries should allocate 0.7% of their GDP for development cooperation. But that is not fulfilled.

ODA: (https://www.oecd.org/dac/financing-sustainable-development/development-finance-standards/official-development-assistance.htm)

BRI: (https://www.silkroadbriefing.com/news/2022/10/24/chinas-2022-cpc-congress-implications-for-the-belt-road-initiative/)

2. How to recognize them in the structure of SED, DRR, and HA?

SED: Social and Economic Development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives. It is a comprehensive and in-depth presentation of private, public, and community financial institutions, policies, and methods for financing local and regional economic development projects. 

It is almost impossible to talk about the available data in this context, but from what can be found, it is valid to make this simplification. For projects related to the SED projects, $321.5 billion has been allocated for 2021. Relationships between spending on Social and Economy issues and project expenditure on DRR and HA were not found (on the Internet).

SED https://www.ilo.org/global/topics/economic-and-social-development/lang--en/index.htm

DRR: Disaster risk reduction is the concept and practice of reducing disaster risks through systematic efforts to analyze and reduce the causal factors of disasters. Over 20 years (1991–2010), $13.6 billion was spent (at a constant value in 2010) on the DRR projects worldwide. At the same time, 8,625 disasters in poorer countries caused financial losses of $846 billion.

The expenditures of DRR projects were divided into compensation for the consequences of disasters (65.5%), payment for extraordinary events (21.7%), and the predictions accounted for the remaining 12.8%. 

DRR (https://cdn.odi.org/media/documents/9463.pdf)

HA: Humanitarian aid is material and logistic assistance to people who need help. It is usually short-term help until long-term support by the government and other institutions replaces it. Among the people in need are the homeless, refugees, and victims of natural disasters, wars, and famines. The Global Humanitarian Overview (GHO) 2022 program launched in December 2021 calls for $41 billion to help 183 million of the 235 million people in need in 63 countries.

HA (https://reliefweb.int/report/world/global-humanitarian-overview-2021-december-update)

3. Where is the problem?

The problem is divided into three directions: Whether and where are the funds available? From where data and information are coming? How can the Open Webbook help us?

  • The first problem

    Whether and where are the funds available for such a large project that Open Webbook is trying to describe?

    The answer is yes; such funds exist, and the scope and size of their circulation are sufficient. However, it isn't easy to determine how much funding is in circulation, e.g., annually for SED, DRR, and HA projects. It is impossible to recognize their structure and weights according to sectors and drivers, e.g., in the sense of the table in Table E1. 

    Therefore, their reallocation or additional increase will not be easy for any interested side. Therefore, it is still unclear whether funds for a future SPC Utility network are available. It is still a fuzzy environment. Not due to the volume of a portion of the money. But due to the lack of data order and low readability of the current information flows. 

  • The second problem

    Does an Internet visitor have a chance to get an overview of financing local development on a global scale?

    The answer is it doesn't. I think that neither none of the current institutions have such a chance. The main problem is the organization and creation of data and increasing random and one-way primary-stream information in developing technologies. Yes, it is not a simple task (see Figure 11). There is a lack of integration methodology and ease of obtaining reliable and timely data. The supplement question can sound: does anybody need it? The answer is yes. For example, the SPC Drivers is a methodology that needs such service to exist and grow to higher quality, step by step. 

  • The third problem

    How can Open Webbook help?

    According to Genesis and Reference on the web bar, the Webbook contains many resources concentrated in links. One is the most relevant to the question, "Where is the problem?" On the web bar, in the Geneses, G8, is a Pre-Feasibility Study – SPC Concept and Pilot Projects, Working Paper, 2014. It looks at the SPC Utility's operation model in a mix of long-term loans (30, 10, and up to 5 years). 

    It demonstrates how a balanced mix of the long-term, middle-term, and current commercial loan distribution of payments can be helpful in low-income provinces. It is valid for a balance of the debt services in the regime of a proper householder. The SPC Utility can get a chance to represent his/her creditworthiness and independence on the market to shareholders and any business clients. By fulfilling obligations, SPC Utility can finance operation expenditures and, after about five years, will have the option to reinvest coming profits and take care of the capital growth.