Developing countries participate in global value chains (GVCs) mostly as suppliers of intermediary goods. To fully benefit from GVCs and advance their development process, these countries must upgrade their production and enter sectors with greater value added. The digital and green transitions open opportunities for developingcountriestomeetthedemand for greater environmental sustainability and move towards more sophisticated manufacturing and service industries. The digital and green transformations are largely being developed in parallel, especially in developing countries, where the adoption of digital technologies faces several barriers. To overcome these barriers, policies should focus on aligning digital and environmental strategies, developing digital competencies, and strengthening financial support and international partnerships.
Register for Updates
Would you like to receive updates on the Global Solutions Initiative, upcoming events, G7 and G20-related developments and the future of multilateralism? Then subscribe here!
1 You hereby agree that the personal data provided may be used for the purpose of updates on the Global Solutions Initiative by the Global Solutions Initiative Foundation gemeinnützige GmbH. Your consent is revocable at any time (by e-mail to [email protected] or to the contact data given in the imprint). The update is sent in accordance with the privacy policy and to advertise the Global Solutions Initiative’s own products and services.