U.N. Moving Forward With Plan For Digital ID Linked To Bank Accounts

Objectivity 4.8 | Credibility 4.8 | Relevance 4.9

The United Nations (U.N.) is moving forward with a digital ID system which would be linked to bank accounts as part of U.N. Secretary-General Antonio Guterres’s “vision for the future.” The system, similar to a World Economic Forum (WEF) system, would “improve the delivery of social protection coverage and serve to better reach eligible beneficiaries.”  The U.N. proposal says an “apex body” potentially comprised of the U.N. Chief, G-20 members, the U.N. Economic and Social Council, and “heads of international financial institutions” would provide oversight and ensure “an open, free, secure and human-centered digital future,” and would be integrated with the U.N.’s 2030 Agenda for Sustainable Development. As one journalist wrote, “essentially, the objective is to have people, devices, and entities, all tied up in a connected network that could apparently be centrally administered, seemingly by unelected bureaucrats.” The proposal could be adopted in September 2024 as part of the U.N.’s “Summit for the Future” event.