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Frontier technologies hold the potential to accelerate SDGs for Asia-Pacific countries with innovative policies, yet pose risks like the widening digital divides and regulatory challenges. Recently, countries are adopting policy experimentation and regulatory sandboxes, creating controlled spaces for governments and relevant stakeholders to trial digital innovations beyond existing regulatory frameworks.
In line with the theme of this APFSD, which focuses on reinforcing the 2030 Agenda for Sustainable Development and eradicating poverty during times of multiple crises and aligning with this year's APFSD's emphasis on SDG 16 and SDG17, among others, this side event will disseminate the findings and outcomes of project implementation in three target countries, namely Bangladesh, Kazakhstan and the Maldives, on developing regulatory sandboxes on frontier technologies for sustainable development.
Frontier technologies hold the potential to accelerate SDGs for Asia-Pacific countries with innovative policies, yet pose risks like the widening digital divides and regulatory challenges. Recently, countries are adopting policy experimentation and regulatory sandboxes, creating controlled spaces for governments and relevant stakeholders to trial digital innovations beyond existing regulatory frameworks.
In line with the theme of this APFSD, which focuses on reinforcing the 2030 Agenda for Sustainable Development and eradicating poverty during times of multiple crises and aligning with this year's APFSD's emphasis on SDG 16 and SDG17, among others, this side event will disseminate the findings and outcomes of project implementation in three target countries, namely Bangladesh, Kazakhstan and the Maldives, on developing regulatory sandboxes on frontier technologies for sustainable development.
The Workshop aims to build institutional and individual capacities of countries to conceptualize and implement pragmatic solutions on operationalizing policy experimentation and regulatory sandboxes in digital technologies, in specific areas/sectors related to SDG targets; bolster regional and global discourse and collaboration among countries and stakeholders regarding policy experimentation and regulatory sandboxes in digital technologies for sustainable development, thereby fostering a fresh global consensus on the preparedness of Asia-Pacific countries for a future fraught with challenges and opportunities as highlighted by the upcoming Summit of the Future in 2024 and enhance global and regional dialogue and multistakeholder cooperation on policy experimentation for possible scale-up and replication in other countries especially the LDCs, SIDS and LLDCs. enhance global and regional dialogue and multistakeholder cooperation on policy experimentation for possible scale-up and replication in other countries especially the LDCs, SIDS and LLDCs.