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Private sector partnership key to funding digital access for all
Private sector partnership key to funding digital access for all | Global Stage | GZERO Media

Private sector partnership key to funding digital access for all

To connect the next two billion people to the internet, funding is crucial – and not the small type. The same goes for creating a global warning system that uses satellite data to preempt global disasters. To accomplish these enterprise projects, the UN requires a massive financial war chest.

Few understand the scale better than Axel Van Trotsenburg, the World Bank's Senior Managing Director. But with private-sector partnerships, it can be done, he noted during a Global Stage livestream event at UN headquarters in New York on September 22, on the sidelines of the UN General Assembly.

"In Africa, the African Union has taken decisions on the digitalization," he said, "I think we need to scale this massively, and I think it is doable and you see in countries like Kenya that have very sophisticated payment systems, sometimes better than in OECD countries."

The discussion was moderated by Nicholas Thompson of The Atlantic. It was held by GZERO Media in collaboration with the United Nations, the Complex Risk Analytics Fund, and the Early Warnings for All initiative.

Watch the full Global Stage conversation: Can data and AI save lives and make the world safer?
An early warning system from the UN to avert global disasters
UN's 2027 Agenda: An early warning system to avert global disasters | Global Stage | GZERO Media

An early warning system from the UN to avert global disasters

Imagine a world in which all climate catastrophe's are preceded with an early warning system. That is exactly what the UN's "Early Warnings for All" initiative intends to provide for the world by 2027.

"If you have a 24-hour before-the-disaster warning, you can save up to 30% of economic loss, and more importantly, mortality is eight times less," says Mami Mizutori who works on the Disaster Risk Reduction team at the United Nations.

Mizutori highlights how 30 countries have already joined the initiative and there was wide support at the recent Climate Ambition Summit at UNGA78.

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