United Nations Secretary-General kicked off a global task force including public and private sector as well as finance leaders – serving in their personal capacities – from both developed and developing countries to recommend strategies to the digital finance of Sustainable Development Goals. “Not just financial institutions, but entire financial systems are being transformed by the digital revolution. We have an historic opportunity to ensure that what emerges are financial systems that put people at the centre”, said Maria Ramos, co-Chair of the Task Force and Chief Executive Officer of the Absa Group Ltd. (South Africa) and Achim Steiner, Administrator of the United Nations Development Programme. The Task Force on Digital Financing will meet in Davos in January and is expected to present its preliminary report of recommendations to the Secretary-General in September.
The need for people to gain access to ICT resources and narrow the digital divide is crucial, and is especially relevant now in the light of the Sustainable Development Goals. It is also important to understand how access to the Internet affects the level of economic and social development in a country.