Fourth Industrial Revolution innovations, including AI, blockchain and the internet of things (IoT), are having an increasing impact on economies and societies. While there is an enormous potential for these technologies to accelerate progress on sustainable development outcomes, some important barriers remain, such as poor data access, quality and infrastructure, and inadequate governance and policy to safeguard risks from the Fourth Industrial Revolution.

A set of enablers, such as responsible technology governance, leadership initiatives to mobilize commitment and finance mechanisms would help accelerate 4IR solutions for the sustainable development goals (SDGs). This report, developed by WEF and PwC, showcases the significant opportunity to harness new technologies to deliver the SDGs. Through analysis of over 300 technology applications, the report explores; 1) the extent to which this opportunity is being realised, 2) the barriers to scaling these applications, and 3) the enabling framework to unlock this opportunity.

Read the full report here

 

Explore more articles by clicking here