Page 9 - The 4th Global Standards Symposium 2022 - Conclusions

Boosting financial inclusion for all with digital transformation

The GSS-20,

Recognizing that developing countries are already capitalizing on the widespread use of ICTs to bring all
people within reach of financial services,

– Encourages ITU and other SDOs to support the outcomes of the Financial Inclusion Global Initiative
and the development of technical standards that aim to lower the cost of ICTs, enhance the
resiliency of digital infrastructure, and support high levels of security for financial transactions.
– Recognizes that improving financial inclusion and
digital services will require countries to expand
their digital public infrastructure, and the digital
systems that can facilitate improved government
services such as digital identity, data exchange,
and payment delivery. To do so, digital public
goods (e.g. digital identity, etc) should be
considered by governments and the DPG
Standard stewarded by the Digital Public Goods
Alliance can help ensure these technologies are
safe, secure, and utilize digital best practices.

Standards as key enablers to overcome challenges and maximize opportunities to
accelerate digital transformation and achieve the SDGs

GSS-20 stressed,

Recognizing the crucial role played by standards in enhancing digital transformation and achieving the
SDGs,

– Urges collaboration among standards bodies to address the disparity between developing and
developed countries in their ability to access and implement standards and frameworks to
accelerate digital transformation, and participate in their development on an equal footing through
instruments such as the ITU Bridging the Standardization Gap (BSG) Programme.
– Invites ITU to continue playing an active role in facilitating and informing ITU membership regarding
action-oriented standards such as trajectories and guidelines, in order to accelerate their
implementation at the local, regional, national and international levels.

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