Asia-Pacific Business Forum Urges Regulation of Technologies, Financing Models
Asia-Pacific, Disaster, ICT, News, April 27 2018
HONG KONG, CHINA: The Asia-Pacific Business Forum (APBF) highlighted the need for massive investment to achieve the SDGs, and the potential for emerging technologies such as artificial intelligence (AI) to produce social and economic benefits. Participants noted, however, that appropriate regulation should be put in place to ensure, for example, adequate cybersecurity and equitable access to infrastructure.
The UN Economic and Social Commission for Asia and the Pacific (ESCAP) and Cyberport, a technology community managed by the Hong Kong Special Administrative Region (SAR), jointly organized the two-day meeting on the role of business in sustainable development. It convened in Cyberport, Hong Kong from 10-11 April 2018. Issues discussed at the APBF included ‘green financing,’ impact investment, smart energy solutions, digital technologies for banking and financial services (FinTech), and risk management systems for disaster risk reduction (DRR).
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