digital finance

Invest in SDG 4.7 to Unleash the Transformative Power of Education

This side event sponsored by Salesian Missions, addresses the critical need for a holistic education focused on target 7 of SDG 4. Even though we are yet to achieve the various targets under Goal 4, considerable progress has been made in this regard. This has not resulted in a more equal world despite the fact education has always been seen as a great leveler. Globally inequality has continued to grow. What can make education truly transformative are the aspirational goals set out in target 4.7.

The World Program of Human Rights Education that followed the Decade of Human Rights Education, the Decade of Education to Sustainable Development, and the United Nation’s Gyeongju Action Plan for Education for Global Citizenship, not only add content to target 7 but also set the framework for Sustainable Development Goals and its overarching goal: Leave No One Behind. They have the power to make education transformative. The call of Pope Francis for a Global Compact on Education also reinforces the need for addressing target 4.7.
In conversation with experts from OHCHR, UNESCO, Development Cooperation Agencies, and field practitioners, this side event will attempt to deepen this understanding even as it examines the progress already made in this respect.

The side event while presenting good practices that highlight the transformative power of education where there has been a focus on target 4.7. will also strengthen the call for investment and commitment to pursue target 4.7.

Register here: https://us02web.zoom.us/meeting/register/tZ0td-2trDgoEtIO29WYZajXTVG3O6m0N68H

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CoNGO Notes: For more information on the Committee of Religious NGOs at the United Nations, please visit rngos.wordpress.com. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Education, Learning, and Literacy, please visit facebook.com/NGOCELLatUN. For more information on the NGO Committee on Social Development, please visit ngosocdev.org.

[2022 WSIS Forum] Inclusiveness, Access to Information and Knowledge for All / Bridging Digital Divides

WSIS Forum 2022

High-Level Policy Session 7:

Inclusiveness, Access to Information and Knowledge for All / Bridging Digital Divides

Register here for this 7th session of the 2022 WSIS Forum (virtual and in-person participation available): itu.zoom.us/meeting/register/tJIkf-ysqzsuGtMorqFMzRQ1zPPF0GurUgte

About the Session:

The ability for all to access and contribute information, ideas and knowledge is essential in an inclusive Information Society.

The sharing and strengthening of global knowledge for development can be enhanced by removing barriers to equitable access to information for economic, social, political, health, cultural, educational, and scientific activities and by facilitating access to public domain information, including by universal design and the use of assistive technologies.

A rich public domain is an essential element for the growth of the Information Society, creating multiple benefits such as an educated public, new jobs, innovation, business opportunities, and the advancement of sciences. Information in the public domain should be easily accessible to support the Information Society, and protected from misappropriation. Public institutions such as libraries and archives, museums, cultural collections and other community-based access points should be strengthened so as to promote the preservation of documentary records and free and equitable access to information.

Read more about the Geneva Declaration of Principles here: itu.int/net/wsis/docs/geneva/official/dop.html

Speakers:

  • Moderator: Dr. Liberato Bautista (High-Level Track Facilitator), President, Conference of Non-Governmental Organizations in Consultative Relationship with the United Nations (CoNGO), United States of America
  • Mr. Paul Donohoe (WSIS Action Line Facilitator), Digital Economy and Trade Coordinator Universal Postal Union, Switzerland
  • H.E. Mr. Mustafa Jabbar [R], Minister Posts and Telecommunications Division, Ministry of Posts, Telecommunications and ICT, Bangladesh
  • H.E. Mr. Toelupe Poumulinuku Onesemo, Minister, Ministry of Communications and Information Technology, Samoa
  • H.E. Mr. Bogdan Dumea, State Secretary, Ministry of Research, Innovation and Digitalization, Romania
  • Ms. Aichatou Habibou Oumani, President, Niger Regulatory Authority for Electronic Communication and Postal Service, Niger
  • Mr. Dan Sjoblom, Director General, Swedish Post and Telecom Authority, Sweden
  • Mr. Bakhtiyar Mammadov, Deputy Head of Administration, Ministry of Digital Development and Transport, Azerbaijan
  • Dr. Caterina Berbenni-Rehm, Founder & CEO, PROMIS@Service, Italy
  • Ms. Tatyana Kanzaveli, CEO, Open Health Network, United States of America
  • Mr. Ahm Bazlur Rahman [R], Chief Executive Officer, Bangladesh NGOs Network for Radio & Communication (BNNRC), Bangladesh

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CoNGO Notes: For more information on the NGO Committee on Education, Learning and Literacy, please visit facebook.com/NGOCELLatUN. For more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Language and Languages, please email the co-chairs at fmhult@umbc.edu or tonkin@hartford.edu. For more information on the NGO Committee on Sustainable Development-Vienna, please visit congocsd.wordpress.com. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org

Enhancing MDBs as Catalyzers of Private Finance

2022 FfD Forum side event: Enhancing MDBs as catalyzers of private finance

Wednesday, 27 April, 12:30 pm to 1:30 pm (EDT)

This event is being held as part of the programme for the SDG Investment Fair. For registration, please visit this link.

For more information about the Fair, visit https://www.un.org/development/desa/financing/events/april-2022-sdg-investment-fair.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org

Exploring Digital Finance’s Real Promises and Challenges for Development

Exploring Digital Finance’s Real Promises and Challenges for Development

Join the NGO Committee on Financing for Development on Wednesday, 27 April 2022, 8:00 a.m. – 9:30 a.m. EDT for this official side event to the 2022 ECOSOC Financing for Development Forum.

Register here: https://us02web.zoom.us/meeting/register/tZ0qc-6orjsuGdFhyWHfljp7ZNxV526Onoc7

Speakers:

  • Ms. Cina Lawson, Minister of Digital Economy and Transformation of the Republic of Togo (TBC)
  • Dr. Purva Khera, Economist, International Monetary Fund
  • Mr. Johannes Ehrentraud, Senior Advisor, Financial Stability Institute, Bank for International Settlements
  • Ms. Sofie Blakstad, CEO of hiveonline and author of Fintech Revolution: Universal Inclusion in the New Financial Ecosystem
  • Ms. Anneleen Vos, Seionr Economic Policy Officer, International Rescue Committee
  • Mr. Prabhat Labh, CEO, Grameen Foundation India
  • Ms. Mercy Buku, Program Leader, Toronto Center

Moderator: Mx. Anita Thomas, Chair, NGO Committee on FfD, Representative to the UN, Women First International Fund

Co-sponsors: ManUp Campaign, Change Management Solutions, Sisters of Charity Foundation, African Development Interchange Network, IBVM

Background:

The UN Secretary General’s task force on digital finance in its report titled “People’s Money: Harnessing Digitalization to Finance a Sustainable Future,” spells out the transformational impact digital finance can have on sustainable development. Providing relief for millions around the world, supporting businesses, and protecting jobs and livelihoods, digital finance served as a lifeline during the COVID-19 pandemic. A World Bank tally of policy responses to the pandemic finds that at least 58 governments in developing countries used digital payments to deliver COVID-19 relief, of which 36 countries made payments into fully transactional accounts that were being used for saving beyond simply withdrawing cash. According to the GSMA, international remittances processed via mobile money increased by 65 percent in 2020.

Proponents of digital finance highlight its strong capabilities to reduce transaction costs, the potential of Artificial Intelligence to provide fair and equitable treatment of credit applicants, and the scalability of cloud technology, through the use of blockchain technology, to allow consumers to transact remotely and seamlessly across multiple platforms.

While the experience of COVID-19 has proven that digitalization can transform economies and lives, it needs to be shaped with both its advantages and potential risks in mind in order to bring everyone into the digital age. For technology to benefit everyone, private sector innovation must be supported by the appropriate public goods such as the public provision of foundational infrastructure, access to electricity, mobile and internet coverage.

As in the case of any disruptive technology, without combining technological advances with sound policy measures, digital technology cannot deliver on its potential to meaningfully advance financial inclusion for everyone, including the more than 2 billion unbanked people globally. Delivering on promises to advance financial inclusion can only be considered meaningful when the account holder has a fully functional account that they utilize to save, make payments, obtain manageable credit, and mitigate economic risks and is simply not utilized to withdraw cash from cash transfers from the government, which is overwhelmingly the case at this time.

By examining successful strategies that maximize digital finance’s potential while minimizing risks to the financial sector, government revenues, and at-risk populations, attendees will gain a better understanding of how digital finance can sustainably advance development objectives.

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CoNGO Notes: The NGO Committee on Financing for Development is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations.

World Bank + IMF Annual Meetings

The 2021 Annual Meetings of the World Bank Group and the International Monetary Fund will take place from Monday, October 11, through Sunday, October 17. All public and by-invitation-only events—including the Program of Seminars and other public events, ministerial meetings, CSO engagements, and press conferences—will be virtual and accessible on World Bank digital platforms. To accommodate time-differences, events may take place outside of the principal week.

At the heart of the Annual Meetings are the Annual Meetings plenary speeches, the joint World Bank Group/IMF Development Committee, and the IMF International Monetary and Financial Committee. Other featured events include regional briefings, press conferences, and fora focused on the global economy, international development, and the world’s financial markets.

Registration will open in mid-August. Information about the schedule of the 2021 Annual Meetings will be posted soon – check back regularly for updates here: worldbank.org/en/meetings/splash/annual

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org.

Digital Equity for all Ages: Connect, Respect and Protect Older People in Digital Technologies

This year, the International Day of Older Persons 2021 will provide a platform for multi-stakeholder dialogue and serve as a call to action. The #UNIDOP2021 will adopt a person centered, human rights approach to ensure digital equity including adequate policies, access, digital literacy and safety for individuals of all ages.

This particular side event from the NGO Committee on Ageing in Vienna’s program will address cyber security, especially for older persons. The virtual program will take place on October 1st from 7:30—9:15am EDT.

Objectives of #UNIDOP2021:

• To address digital availability, connectivity, design, affordability, capacity building, infrastructure, and innovation in the areas of public and private interests

• To bring awareness of the importance of digital inclusion of older persons, while tackling stereotypes, prejudice and discrimination associated with digitalization taking into account sociocultural norms and the right to autonomy

• To highlight policies to leverage digital technologies for full achievement of the sustainable development goals (SDGs)

• To explore the role of policies and legal frameworks to ensure privacy and safety of older persons in the digital world

• To promote an intersectional person-centered human rights approach for a society for all ages taking into account existing/non-existing legal instruments in the field of digitalization

Register hereus06web.zoom.us/webinar/register/WN_GqD_gJ4OTtymbzNWk5x-rw

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CoNGO Notes: For more information on the NGO Committee on Ageing-NY, please visit ngocoa-ny.org. For more information on the NGO Committee on Ageing-Vienna, please visit ngoageingvie.org. For more information on the NGO Committee on Ageing-Geneva, please visit ageingcommitteegeneva.org. For more information on the NGO Committee on Intergenerational Solidarity, please email the vice chair at susanneseperson@gmail.com.