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The Role of Data Protection in the Digital Economy

Governments, organizations and individuals increasingly generate, collect and process personal data. A strong data protection framework helps foster consumer trust and increased use of digital tools, which in turn can incentivize investment, competition and innovation in the digital economy.

This UNCDFP brief, written in close collaboration with Macmillan Keck, seeks to identify specific attributes of a data protection framework that can help policymakers and regulators build a digital economy that includes — and serves — everyone.

The UN Capital Development Fund makes public and private finance work for the poor in the world’s 47 least developed countries (LDCs). With its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.