Harnessing digitalization in advancing a citizen-centric financial system
HARNESSING DIGITALIZATION TO FINANCE A SUSTAINABLE FUTURE
The UN Secretary General’s Task Force on Digital Financing of the Sustainable Development Goals (SDGs) report highlights the historic opportunity to accelerate and expand the transformative impact of digitalization in financing the SDGs.
The Task Force’s call to action is to harness digitalization in creating a citizen-centric financial system which advances financing for the SDGs.
It is an ambitious, practical agenda to reshape financing for sustainable development with three linked sets of recommendations:
The Task Force’s call to action is to harness digitalization in creating a citizen-centric financial system which advances financing for the SDGs.
It is an ambitious, practical agenda to reshape financing for sustainable development with three linked sets of recommendations:
The Task Force identifies five catalytic opportunities where digitalization reshape finance: from capital markets, to public budgets to citizens’ savings and consumer spending, and financing for SMEs.
EXPLOREHarnessing digitalization depends on new investments and capabilities. The foundations for digital financing can be aligned with sustainable development priorities.
EXPLORERegulations and standards governing digital financing should reflect SDG commitments and goals. Innovations in governance are needed for the new generation of global digital financing platforms.
EXPLOREThe Task Force identifies five catalytic opportunities where digitalization reshape finance: from capital markets, to public budgets to citizens’ savings and consumer spending, and financing for SMEs.
Harnessing digitalization depends on new investments and capabilities. The foundations for digital financing can be aligned with sustainable development priorities.
Regulations and standards governing digital financing should reflect SDG commitments and goals. Innovations in governance are needed for the new generation of global digital financing platforms.
Harnessing digitalization in advancing a citizen-centric financial system
Catalytic Opportunities
Domestic savings to local investment
Digitally enabled SME finance
Transparency & accountablility of public finance
SDGs in financial & capital markets
Enabling sustainable consumption choices
Sustainable Digital Financing Ecosystems
Digital infrastructure Digital ID Data frameworks
Institutional
mechanisms
Citizens rights & capabilities
Inclusive International Governance
Principles for SDGs in digital finance regulation
Inclusive international dialogue
Governance innovation for
global platforms