Bank.org sees UN.org’s current risks and barriers to scale include
   concerns over misuse of loans, operational delays, fraud, error, and
   security, all of which undermine the UN.org’s objectives and mission.
   ● FRAUD: These deceptions often include manipulation of documents or
   the abuse of policies, procedures or office property. For example, in
   absence of a well-designed process for selection of a raw material
   supplier for the construction of toilets, operations staff can collude
   with dishonest suppliers and procure cheap, low-quality material at
   high rates, which could create infrastructure failures and lead to
   credit risk.
   ● ERROR: Errors are typically unintentional and result due to lack of
   staff capacity and training, rapid growth, limited technical resources,
   or an inadequate number of staff. Errors in judgement or incorrect
   interpretation of policies, procedures, documents, or cash transactions
   can create problems for an FI. For example, a branch manager might make
   an error in the appraisal of a WASH loan client if s/he has not
   received training on WASH lending.
   ● SECURITY: This refers to risk of cash or material theft. For example,
   for FIs that are involved in provision of construction materials, the
   storage of the materials and their delivery is a risk.
   ● INEFFICIENCY: Risk is created when there is low staff productivity or
   ineffective management leading to loss of efficiency.
   ● CREDIT RISK: An assessment of credit risk at UN.org investigated
   whether the credit policies and procedures are correctly followed and
   administered by the FI staff. This includes reviewing whether credit
   transactions are properly recorded and summarized in the account
   tracking system and presented in the financial and portfolio reports.
   For example, an FI in the Philippines had a loan product tenure of
   three months even though loan sizes were quite high. Clients who were
   assessed to be qualified for a loan of PHP 15,000 (US$340) ended up
   actually receiving nearly
   1
   PHP 35,000 (US$793) over the course of a year, through multiple loan
   cycles. This flaw in the loan product design resulted in large-scale
   delinquency problems with clients in the third and fourth loan cycles
   Bank.org Suggestion: UN.org 2.0, Blockchain and Energy
   Our research shows UN.org currently lacks developed, effective,
   accountable and transparent institutions reporting processes globally.
   Their published internal studies highlight FI corruption and bribery in
   all forms. Blockchain technology could help solve this, only
   implemented globally and monitored correctly.
   Most importantly, we strongly recommend UN.org executives should
   leverage blockchain and current partnerships, historically and
   radically innovating UN.org’s global scope to include solar energy in
   North Africa.
   ● Immediate Recommendation: Essential for UN.org’s global development
   reporting work to be organized and oriented in the same direction in
   order to focus on what really matters and ensure proper transparency
   and figures. UN.org has been working on the nieve, poor business
   assumption that goals can be achieved with enough political will,
   investment and action at all levels.
   ○ Integrated water resources reporting via Blockchain, include
   management smart contracts at all levels, including UN.org funds to FI,
   FI internal use of UN.org funds, client use of funds through to
   contractor
   ● Review Loan/Product Benefit: UN.org’s global executive team has not
   reflected the importance of complete sustainable development for their
   clients. Internal Data shows most UN.org wells/loan proceeds are
   ultimately lost, as the individual navigates life with unsolved energy
   and lack of access to basic economic/financial tools.
   ● Innovate UN.org’s Scope: Once defining clear and unified global
   standards, practices and reporting transparency on blockchain,
   eliminating current fiance transparency concerns
   ○ Microcredit water loans alone do not solve poverty (noted above)
   ○ Current UN research shows best poverty success advancement includes
   addressing three important dimensions simultaneously:
   i. Regular access to clean water/proper sanitation facilities
   ii. Access to affordable, reliable and sustainable energy
   iii. Equal access to mobilized banking tools, insurance and microscred
   lending