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Technology and Innovation Report 2023
March 30 , 2023
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- This was released by the United Nations Conference on Trade and Development (UNCTAD).
- The developed countries are benefiting more from green technologies than developing countries, and this could deepen global economic inequality.
- The green technologies could create a market worth $9.5 trillion by 2030, up from $1.5 trillion in 2020.
- The ‘frontier technology readiness index’ was included in this year report.
- As per this, only a few developing countries have the capacity to take advantage of frontier technologies such as blockchain, drones, and solar power.
- It is dominated by high-income economies, notably the US, Sweden, Singapore, Switzerland, and the Netherlands.
- Notably Brazil was ranked at 40, the Russian Federation at 31, India at 46, China at 35, and South Africa at 56.
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