EDISON Alliance launched by World Economic Forum

EDISON Alliance launched by World Economic Forum

The World Economic Forum recently launched the Essential Digital Infrastructure and Services Network (EDISON) Alliance that will work towards ensuring global and equitable access to the digital economy.

What is EDISON Alliance?

The EDISON Alliance is platform for public and private organizations to amplify connectivity initiatives across regions and contexts.

What is the Aim of EDISON Alliance?

Its Aim of the EDISON Alliance is to ensure an unprecedented level of cross-sectoral collaboration between the technology industry and other critical sectors of the economy, according to the WEF.

What are the Significance of EDISON Alliance?

The alliance will work with governments and industries. It will accelerate digital inclusion and will ensure cross-sectoral collaboration between the technology industry and other critical sectors of the economy.

It is the first global mobilization of public sector and industry leaders from all industries to ensure everyone can participate in the digital economy.

It will prioritize digital inclusion as a platform of partners with a common purpose for achieving the Sustainable Development Goals.

It cultivates meaningful partnerships between leaders in government and industry during a multi-year journey to enhance the case for rapid digital development.

What was the need of EDISON Alliance?

In improve the connectivity across regions, EDISON Alliance can play a vital role. There have some more core benefits of this Alliance which are-

Access to digital technologies has enabled many to work, learn and live during the COVID-19 pandemic.

However, the pandemic has exposed and exacerbated existing gaps and inequalities almost half of the global population.

Some 3.6 billion people, remain offline and broadband services are too expensive for 50 per cent of the population in developed countries, the WEF said.

These hampers access to health, education and economic inclusion