Monday, April 29, 2024
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HomeBusinessEconomyeCommerce Week: Better digital governance needed to balance data opportunities and risks

eCommerce Week: Better digital governance needed to balance data opportunities and risks

NEW YORK, USA – As the global economy becomes increasingly digital, better rules are needed to protect people and the planet and ensure everyone can reap the world of online opportunities.

The COVID-19 pandemic has made digital technologies and an internet connection even more important in our daily lives, as people and companies have moved even more online to work, learn, socialize, shop and do business.

But not everyone is reaping the benefits, especially the 2.9 billion people still without an internet connection. A heavier reliance on digital tools also poses risks to the environment, as they generate more CO2 emissions and e-waste.

Bridging the digital divide and tackling the risks of digitalization are at the heart of UNCTAD’s eCommerce Week, happening from 25 – 29 April.

Ahead of the event, Torbjörn Fredriksson, head of UNCTAD’s e-commerce and digital economy branch, and Andy Yen, founder and chief executive officer of Proton Technologies, discussed what’s needed to strike a balance between the opportunities and risks of digitalization and a data-driven world.

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