The technological and digital revolution is bringing enormous promise, but also new challenges. As we enter the 2020s, we stand at a critical juncture to put technologies to work in a more responsible way.

New report “Unlocking Technology for the Global Goals”, developed by World Economic Forum in collaboration with PwC, and introduced this week at WEF Annual Meeting in Davos, maps the extent to which new technologies can make a significant contribution to the achievement of United Nations’ Global Goals (also known as Sustainable Development Goals) for 2030. The Global Goals range from ending extreme poverty and fighting inequality to addressing the urgency and emergency of climate change and nature loss.

The report clearly highlights a set of enablers is needed to accelerate innovation and investment into new solutions that tackle these grandest challenges, and to create viable markets for those solutions in the long term. Enablers include responsible technology governance, adequate leadership to mobilize commitment and standards, partnerships for collaboration and collective action, finance mechanisms to support large-scale implementation, new models for democratization of data, APIs and tools, and upskilling and reskilling programs to grow know-how and competences.

At Paradox Engineering, we’re well aware of the potential contribution our technology can have in achieving some Global Goals such as 7: Affordable and Clean Energy; 11: Sustainable Cities and Communities; 13: Climate Action.

We are proud of being in a business that makes sense: the Internet of Things and smart technologies are changing the way Cities manage their own assets and resources, thus improving quality of public services and citizen satisfaction, reducing energy consumption and carbon emissions, optimizing costs and processes. Together with our partners and customers, we are doing our part.