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The Report of the Task Force on Financial Mechanisms for ICT for Development

01/10/2005 (WSIS) -- The WSIS Plan of Action requested the Secretary General of the United Nations to create a Task Force to study the issue of financial mechanisms for ICT and present a report to facilitate the discussions on the subject in preparation for phase II of WSIS: “While all existing financial mechanisms should be fully exploited, a thorough review of their adequacy in meeting the challenges of ICT for development should be completed by the end of December 2004. This review shall be conducted by a Task Force under the auspices of the Secretary-General of the United Nations and submitted for consideration to the second phase of this summit. Based on the conclusion of the review, improvements and innovations of financing mechanisms will be considered including the effectiveness, the feasibility and the creation of a voluntary Digital Solidarity Fund, as mentioned in the Declaration of Principles.” The Secretary General asked the United Nations Development Programme (UNDP) to lead the Task Force on Financial Mechanisms in collaboration with the World Bank, UN DESA, and other key partners. Over the course of the past several months, the Task Force has conducted extensive consultations, research, and reviews of information surrounding the role and effectiveness of financial mechanisms to support ICT for development. The data, analysis, and findings presented in the report represent the Task Force’s best understanding of the broad and constantly changing scope of the ICT sector and the use of ICT in the developing world from a financing and development perspective. In the report of the Task Force, the main areas of concern have been clustered into five general categories which relate to the WSIS themes.

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Date: 01/10/2005
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Source: WSIS