ITU’s global connectivity fund enroute 2026 target, hits $50b

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The UN Agency for digital technologies, International Telecommunications Union (ITU) on Monday, announced $4.8 billion in investment commitments toward global connectivity. The announcement brings the total pledges aimed at closing the digital divide

The UN Agency for digital technologies, International Telecommunications Union on Monday, announced $4.8 billion in investment commitments toward global connectivity. The announcement brings the total pledges aimed at closing the digital divide through ITU’s Partner2Connect Digital Coalition to $50.96 billion, over half the $100 billion goal set for 2026.

ITU Secretary-General, Doreen Bogdan-Martin, said: “Closing the digital divide requires a team effort, and today we scored a huge win for global connectivity. I am thrilled to see these amazing new commitments and that we have united P2C and WSIS to break through the halfway point in our goal to help bring the benefits of digital connectivity to everyone, everywhere.”

The government of Canada will also be investing in computing infrastructure to support AI businesses and researchers in the country through the CAD 2 billion AI Compute Access Fund.

“Because of the leadership, vision and ambition of P2C’s pledgers, millions of people will be allowed to have more accessible, more affordable digital technologies for socio-economic growth, improved health and everything that makes connectivity meaningful,” said Bogdan-Martin. “It’s extremely exciting to see new pledges begin to leverage the power of artificial intelligence to transform the inclusive digital societies we all aspire to build.

 

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ITU’s global connectivity fund enroute 2026 target, hits $50bThe UN Agency for digital technologies, International Telecommunications Union (ITU) on Monday, announced $4.8 billion in investment
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