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Home » News » Digitalization: ITU Calls for USD 100 Billion to Drive Global Transformation

Digitalization: ITU Calls for USD 100 Billion to Drive Global Transformation

Last updated: November 14, 2023 12:33 pm
3 years ago
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The 2023 SDG Summit will be convened on 18-19 September 2023, during the United Nations General Assembly high-level week. Heads of State and Government will gather at the United Nations Headquarters in New York to follow-up and review the implementation of the 2030 Agenda for Sustainable Development and the 17 Sustainable Development Goals (SDGs) . They will carry out a comprehensive review of the state of the SDGs, respond to the impact of multiple and interlocking crises facing the world, and provide high-level political guidance on transformative and accelerated actions leading up to the target year of 2030 for achieving the SDGs.
The 2023 SDG Summit will be convened on 18-19 September 2023, during the United Nations General Assembly high-level week. Heads of State and Government will gather at the United Nations Headquarters in New York to follow-up and review the implementation of the 2030 Agenda for Sustainable Development and the 17 Sustainable Development Goals (SDGs) . They will carry out a comprehensive review of the state of the SDGs, respond to the impact of multiple and interlocking crises facing the world, and provide high-level political guidance on transformative and accelerated actions leading up to the target year of 2030 for achieving the SDGs.
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The International Telecommunication Union (ITU) has launched a global appeal, urging stakeholders to raise the value of pledges for digitalizing the world from USD 30 billion to USD 100 billion by 2026.

This initiative by the United Nations Specialized Agency for Information and communication technologies aims to enhance universal connectivity and facilitate digital transformation in the world’s least developed countries (LDCs).

During World Telecommunication and Information Society Day, commemorating the signing of the inaugural International Telegraph Convention and the establishment of ITU in 1865, it was announced.

Bridging the Digital Divide

ITU Secretary-General Doreen Bogdan-Martin emphasized the pressing need to bridge the digital divide and ensure that the benefits of digital technology reach all individuals.

Highlighting the importance of meaningful and sustainable digitalization, she said, “Tech is at the top of the global agenda, but the benefits of digital technology are still out of reach for too many people.

“If we are serious about digitalizing the world in a way that is meaningful and sustainable, we must take action to accelerate digital transformation for everyone,” she concluded.

Empowering the Least Developed Countries

In 2023, ITU’s focus lies in empowering the least developed countries through the effective utilization of information and communication technologies.

This objective is being achieved through the Partner2Connect Digital Coalition and its online pledging platform.

By mobilizing direct funding and other contributions, ITU aims to expedite connectivity projects in countries that face significant developmental challenges.

Empowering the Least Developed Countries

In 2023, ITU’s focus lies in empowering the least developed countries through the effective utilization of information and communication technologies.

This objective is being achieved through the Partner2Connect Digital Coalition and its online pledging platform.

By mobilizing direct funding and other contributions, ITU aims to expedite connectivity projects in countries that face significant developmental challenges.

Addressing Sustainable Development Goals

The United Nations has classified LDCs as countries with low-income levels and substantial structural impediments to sustainable development.

As the UN strives to achieve its Sustainable Development Goals (SDGs) by 2030, the call for resources emphasizes the importance of an environmentally friendly approach to global digital transformation.

United Nations Secretary-General António Guterres emphasized the significance of the digital revolution and its impact on value creation and innovation.

He stated, “As the Internet becomes ever more central to value creation and innovation, least developed countries risk falling further behind. We must dramatically improve accessibility and inclusivity and eliminate the digital divide.”

The Widening Connectivity Divide

According to ITU data, in 2022, a staggering 2.7 billion people worldwide remained offline. The digital connectivity divide between the least developed countries and the rest of the world continues to widen, particularly in terms of access, digital skills, and affordability. Among the globe’s 46 least developed countries, only two countries have affordable internet access.

SDG Digital Day: A Path Towards Progress

ITU Secretary-General Bogdan-Martin announced the SDG Digital Day, scheduled for 17th September in New York.

This event, preceding the UN SDG Summit aimed at reviewing the 17 Sustainable Development Goals, will be organized by ITU on behalf of the UN system.

The SDG Digital Day will provide a platform to showcase high-impact, sustainable, digitally-based solutions that possess the potential to revolutionize progress toward the SDGs.

As the world becomes increasingly interconnected, the ITU’s call for a substantial increase in funding underscores the urgency of closing the digital gap.

By raising pledges from USD 30 billion to USD 100 billion, ITU aims to drive global digital transformation and empower the least developed countries.

Bridging the digital divide and ensuring meaningful connectivity for all will not only spur sustainable development but also propel the attainment of the UN’s Sustainable Development Goals.

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