The world’s greatest scandal and the only sustainable solution

1. The world’s greatest scandal and the only sustainable solution

2. TBN Vision “The vision of TBN is to combat poverty by creating equality & social justice through business thereby bringing transformation to the poor”

3. Unimaginable Truth • 149 million malnourished children in developing countries • 100 million children without access to basic education • 2.4bn people without access to adequate sanitation • 1.1 million African children under 15 living with HIV Source: New Internationalist

4. 24 Hours a day • 24,000 people died of hunger • 6,020 children killed by diarrhoea • 2,700 children killed by measles • 8,000 people died of HIV/AIDS related illness • 5,500 people died of malaria Source: New Internationalist

5. Life as it really is… • 1.2 billion people live on <US$1 a day • Every 3 seconds, a child dies as a result of extreme poverty • 50% of the world population live on less that US$2 a day – a staggering 2.8 billion people

6. The bottom billion • 1 billion people live in extreme poverty • 1.2 billion people don’t have access to clean water • 50,000 people die every day from extreme poverty • 100 million children can’t go to school

7. We can’t afford to…..?! • $7 billion is needed to provide 2.6 billion people with access to clear water annually • Less than we spend on perfume • Less than Americans spend on elective corrective surgery • 3 day’s global military spending ($4.5bn) could send every child to school for a year Source: UN Human Development Report

8. The problem - poverty • Unfair trade rules deny poor countries £0.7 billion a day, 14 times what the receive in aid • Countries in sub-Saharan Africa spend £8 billion a year on debt repayments

9. Unfair Trade & Subsidies • $1billion a YEAR on aid for agriculture in poor countries • $1 billion a DAY on subsidies of agricultural overproduction at home • EU dairy subsidy is $2.50/cow/day whilst 2.8b people live on <$2/day Source: UN Human Development Report ???????

10. Credit Crunch Financials • $4.1 Trillion Level of financial loss @ financial institutions, IMF • $1 Trillion G20 promise to stimulate global economy • £175bn UK financial bailout

11. What is our response to this Scandal of Global Poverty?

12. Business is the only sustainable solution to poverty

13. Eradicating poverty through Business Growth a new way to combat poverty

14. Enterprise solution to Poverty • Economic growth is the fastest way to reduce poverty – China • FDI is critical to economic growth but requires political and economic stability, good governance – factors missing in poor countries • Social entrepreneurs needed to fill this gap

15. TBN on the Ground • Circa 130,000 people impacted • 13,000 jobs created or sustained • £25m invested directly or indirectly • Target of 400,000 jobs in 3 years from existing projects alone

16. Production Tile Factory Tsunami Boats Fair Trade clothing Textile Handicrafts Wooden Handicrafts Micro-producers

17. Retail and Service Providers IT Helpdesk Facility Kuzuko Game Park Reconditioned Computer sales Internet Cafe Microfinance Institutions SME Finance Business Training and MicroMBA

18. Social Services Health Financing Prevention and Mitigation of AIDS Access to Water Appropriate Medical Technology Health Data Analysis

19. Agriculture Honey Production Fish Farm Bio-fuel Cultivation Small Scale Producers

20. TBN: Giving HOPE Helping the poor • Creating jobs • Building capital • Giving hope

21. Business & Economic Growth – THE Powerful Catalyst “More than aid, trade has the potential to increase the share of the world’s poorest countries and people in global prosperity” Source: UN Human Development Report

22. Forward momentum “The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little” US President Franklin D Roosevelt (2nd Inaugural Address, 1937)

23. Simple Solution The poor need jobs, not aid