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The UN Trade and Development recently released the Digital Economy Report 2024.
The UN Trade and Development recently released the Digital Economy Report 2024. It emphasizes the need for sustainable digitalization strategies. Internet users grew from 1 billion in 2005 to 5.4 billion in 2023. The ICT sector’s global GHG emissions were 1.5-3.2% in 2020. Digital-related waste surged 30% from 2010 to 2022, reaching 10.5 million tonnes. Data centers consumed 460 terawatts hours in 2022, expected to double by 2026. Critical mineral demand may surge by 500% by 2050. Recommendations include adopting circular economy models, enforcing environmental standards, investing in renewable energy, and promoting sustainable business models.