OPEC proven crude oil reserve

1
OPEC proven crude oil reserve production
2
(No Transcript)
3
Oil Prices for last 10 years
4
Major oil companies revenues in bn
5
Reasonable fund

• OPEC produces an average of 30 M barrel/day with
  average price in mid 60s
• If 2.5 of revenue is allocated for humanitarian
  relief funds that means
• 365 x (65-20) x 30 M 492,750 M
• 2.5 x 12,318.75 M goes for funds each year
  .
• Now it is about 300 M /year which is 2.4 of our
  aim

6
The Millennium Development Goals

• Goal 1 Eradicate extreme poverty hunger

The international poverty line is being
redrawn The latest estimates on poverty draw on
over 500 household surveys from 100 developing
countries, representing 93 per cent of the
population of the developing world. The
international poverty line is based on a level of
consumption representative of the poverty lines
found in low-income countries. Since 2000, the
international poverty line has been set at 1.08
a day, measured in terms of 1993 purchasing power
parity (PPP).
Worldwide, the number of people in developing
countries living on less than 1 a day fell to
980 million in 2004 down from 1.25 billion in
1990. The
7

• Goal 2 Achieve universal primary education
• TARGET
• Ensure that, by 2015, children everywhere, boys
  and girls alike, will be able to complete a full
  course of primary
• schooling.
• Goal 3 Promote gender equality and empower women
• TARGET
• Eliminate gender
• disparity in primary and
• Secondary education
• preferably by
• 2005 and in all levels of
• education no later than
• 2015.

8

• Goal 4 Reduce child mortality
• TARGET Reduce by two thirds, between 1990 and
  2015, the under-five mortality rate
• Estimates for 2005 indicate that 10.1 million
  children died before their fifth birthday, mostly
  from preventable causes. Though infant and child
  mortality rates have declined globally, the pace
  of progress has been uneven across regions and
  countries.
• Goal 5Improve maternal health
• Half a million women continue to die each
• year during pregnancy or childbirth, almost
• all of them in sub-Saharan Africa and Asia

9

• Goal 6Combat HIV/AIDS ,malaria other diseases.
• Goal 7Ensure environmental sustainability
• TARGET Integrate the principles of sustainable
  development into country policies and programs
  and reverse the loss of environmental resources
• Goal 8Develop a global partnership for
  development
• TARGET Address the special needs of the least
  developed countries, landlocked countries and
  small island developing states
• TARGET
• Develop further an open, rule-based, predictable,
  nondiscriminatory
• trading and financial system

10
MDG

• TARGET In cooperation with the private sector
  ,make available the benefits of new technologies,
  especially information and communications.
• TARGET In cooperation with developing countries,
  develop and implement strategies for decent and
  productive work for youth.

The Millennium Declaration, signed by worlds
leaders of 189 countries in 2000, established
2015 as the deadline for achieving most of the
Millennium Development Goals.
11
Proposed solution

• 1- make efficient use of existing relief programs
  and integrate them so they complement each other.
• 2-design a system that manage their integration
  and refinement .
• 3-allocate founds from Oil revenues and from the
  global trade of rich nations.
• This fund will be divided to serve as immediate
  relief donations and long run development
  programs

12

• - the program should give incentives to donor
  countries and private sector.
• This program should work as direct or indirect
  investments to the donors without colonizing the
  needy.
• For example ,when OPEC help building roads
  infrastructure in a developing country that means
  they just created new customers who will need
  their products in the future.
• - Corporations and private companies which help
  significantly in these projects should have
  priority in giving loans and grant from the
  accumulated wealth saved in the banks as an
  incentive for them to grow and do more.

13
Fund cycle
14
Peace eradicates poverty

• Global military expenditure and arms trade form
  the largest spending in the world at over 950
  billion in annual expenditure, as noted by the
  prestigious Stockholm International Peace
  Research Institute (SPIRI), for 2003.
• Promoting peace and diffusing conflicts in a
  peaceful way should direct large portion of this
  money for human growth and prosperity.
• Peaceful and stable conditions encourage
  businesses to be established and economies to
  flourish.

15
(No Transcript)