UN: Opportunities to transform finances and the planet positively
Digital technologies in the financial market could meet the common objectives of the organization
The United Nations (UN) believes that a digital finance revolution could save the world’s financial system from the crisis caused by the coronavirus.
Supporting compliance with the UN Sustainable Development agenda, “digital technologies, which are revolutionizing financial markets, can be revolutionary to meet our common goals,” as expressed by the Secretary General of the United Nations, António Guterres, in a release.
The agency believes that the current situation the world is going through has accelerated progress in the field of financial technologies, ensuring that “our response to the current unprecedented crisis demonstrates how digitization can be used to support the vulnerable, reduce inequalities, support livelihoods and strengthen solidarity.”
The United Nations supports and relies on digital technologies applied to finance
The UN affirms that this proposal offers a “unique opportunity to reshape finances” and that the money of investors and taxpayers would be directed to attend the needs of the majority of the population.
For her part, the Portuguese María Ramos, co-president of the organization, points out that digital finance “has become a lifeline for millions of people around the world, they extend the limits of financial inclusion, empowering citizens as savers, investors, borrowers, lenders and taxpayers in a way that gives them variety and power over their money.
K. Villarroel
Source: DOBLELLAVE
