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Our Initiative
GCEL’s initiative is to deploy a global economic development program in partnership with leading public and private sector organizations using innovative 21st century technology towards achieving sustainable global and regional economic growth and other Sustainable Development Goals (SDG).
The Digital Economy must restore the health of the global Real Economy. This includes the industries that produce and service the food we eat, the clothes that we wear and the materials to build our cities with emphasis on SMEs, who generate up to 80% of employment in many countries around the world.
This global initiative is ground breaking and can be compared to the way electricity, telephones, microcomputers, and the internet have connected our world and transformed our lives
Program Highlights
GCEL’s objective is to provide the goals, roadmap, tools and global consensus required to trigger sustained global economic growth by empowering the Digital Economy.
The following Program Highlights illustrate how GCEL’s global initiative will put the world on a new path to economic prosperity and stability in our time and for generations to come
U-THE BEGINNING
OF CHANGE
OF CHANGE
REBALANCING
THE GLOBAL ECONOMY
THE GLOBAL ECONOMY
INCREASE TRADE
EFFICIENCY
EFFICIENCY
SPEED DISASTER
RELIEF
RELIEF
ECONOMIC
INTEGRATION
INTEGRATION
NEW ERA IN
INFORMATION TECHNOLOGY
INFORMATION TECHNOLOGY
IMPROVE FOOD
SECURITY
SECURITY
REDUCE CARBON
FOOTPRINT
FOOTPRINT
DE-RISKING
BUSINESS
BUSINESS
ENHANCE CARGO
SECURITY
SECURITY
BUILDING TRUST
WITH POLICY-MAKERS
WITH POLICY-MAKERS
SME
GRANTS
GRANTS
NEW MILLENNIUM
STANDARD FOR GROWTH
STANDARD FOR GROWTH
GLOBAL SINGLE
WINDOW++
WINDOW++
VOICE OF
THE G20 CITIZENS
THE G20 CITIZENS
SOFT
INFRASTRUCTURE
INFRASTRUCTURE
The HumaWealth Benchmark Trade Lane Program
The 18-month HumaWealth Benchmark Trade Lane (BTL) Program will be presented to the leaders of the global economy as a Public/Private Partnership initiative to resolve the current inefficiencies of global trade. Four separate BTLs will be implemented in the Americas, Asia, Europe, and the Middle East / Africa to promulgate the use of MDDEAS™. Each BTL will include seller, buyer, carrier, finance, insurance, ports, customs, logistics service providers; i.e. all participants involved in the trade activities related to the movement of goods from shelf to shelf.
Through the BTL Program the Coalition will:
– Implement MDDEAS™ digital tools and demonstrate the comprehensive benefits realized
– Promote MDDEAS™ solution as an imperative for the world
– Advance the rapid global deployment through awareness campaigns involving all stakeholders at national and regional levels
The deployment of MDDEAS™ through the regional BTLs will accelerate several economic development initiatives within each region. The benefits of MDDEAS™ are also identified at the country level in the G20 Nations Case Study reports. (Refer to the regional economic road maps published by GCEL with the League of Arab States and African Union [EN, FR, AR], ASEAN-BAC, and the Association of Development Finance Institutions for Asia/Pacific).
All G20 countries have taken the first step to deploy the Digital Economy through their participation in the G20 Nations Case Study. We have formal and informal commitments from the following countries to lead the BTLs, since they are highly motivated to implement their national trade efficiency assessment recommendations in order to reduce trade costs, increase trade, and create jobs, among other benefits.
HumaWealth Program Benefits in Brief
Today, the domestic and international trade costs for Mid and Low Income Countries are nearly 2-3 times as high as for High Income Countries. MDDEAS™ will provide new digital tools to reduce the cost of trade and connect the real economy participants of Mid and Low Income Countries to new markets.
MDDEAS™ delivers increased trade efficiency and transparency, thereby triggering more foreign direct investment, while easing access to trade finance and insurance. In turn, this will generate more trade, thus building the buying power of Mid and Low Income Countries and creating loyal trade partners for the high value-added goods and services from High Income Countries.
Hence, we can rebalance and grow the global economic pie and create sustainable economic growth for all. In summary, by 2030, the implementation of MDDEAS™ will deliver the following global economic benefits:
| MEA | Asia | Europe | Americas | Global | ||
|---|---|---|---|---|---|---|
| Annual Trade Cost Reduction (billion USD) | 639 | 2,222 | 930 | 1,099 | 4,945 | |
| Goods Trade Increase (billion USD) | 421 | 2,272 | 2,396 | 1,332 | 6,422 | |
| Service Industry Increase (billion USD) | 2,259 | 10,641 | 3,636 | 3,964 | 20,500 | |
| Job Creation (million USD) | 57 | 258 | 75 | 89 | 479 | |
| Access to a USD 1 Trillion SME Fund | ||||||
Our initiative will increase the world’s GDP by 17% creating nearly 500 million jobs and generating a new USD 20.5 trillion market industry by 2030 more than ten times the size of the world’s current oil and gold production combined. This is achieved by rebalancing the world economy with emphasis on de-risking doing business between High, Mid and Low-income countries through greater efficiency and transparency to all delivered by the Digital Economy Platform.