The Fourth Industrial Revolution (4IR) is still in its early years yet it is already changing the way we work, live and interact. As 4IR technologies become faster, smarter, and more widely applied, the pace of transformation will only accelerate.
In parallel, we face global challenges of increasing magnitude and immediacy. The United Nation’s 17 Global Goals give a blueprint for what we globally and collectively must do if we are to end extreme poverty, protect our natural environment, revert climate change and create a more sustainable, equal and prosperous future for all.
Despite a rapid rise of 4IR technologies being applied across many aspects of industry and commerce, the potential of these technologies to accelerate progress to the Global Goals is not being realised. Today’s technological revolution is a time of enormous promise to accelerate progress on the Global Goals, both broadening and deepening current action.
But unlocking this potential requires a change in priorities and significant challenges to be overcome. This presents us with a dilemma of how to drive systems-level change in priorities, and to overcome significant challenges to ensure that it has an impact over the next 10 years on the global goals, and also on these challenges in the long term.
In this report, developed in collaboration with PwC, we showcase the significant opportunity to harness new technologies for the Global Goals. 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 for unlocking this opportunity.