Opportunities and challenges to accelerate development of sustainable infrastructure and innovation include: SME Finance: SMEs are a crucial contributor to industry in emerging markets, contributing up to 60% of total employment.However, 200 million SMEs lack access to affordable financial services and credit. Investment in infrastructure and innovation are crucial drivers of economic growth and development. As SAI Philippines, the COA has a parallel reporting on audit results on the implementation of programs for SDGs. The Philippines needs a concrete plan of action to stir innovation. Background . 1. Goal 9: Industry, innovation and infrastructure Investment in infrastructure and innovation are crucial drivers of economic growth and development. ICT Ecosystem Development The Philippines’ ICT Ecosystem is a vibrant one. … During disasters, it is crucial to communicate vital information, such as medical needs, data on…. These projects are part of the “Build, Build, Build” program involving $160 billion to $180 billion in infrastructure spending until 2022 to boost economic growth by improving access to markets and business opportunities across the country. MANILA-- President Rodrigo Duterte has signed a law which would harness innovation efforts to help the poor and the marginalized and enable micro, small and medium enterprises (MSMEs) to be part of the domestic and global supply chain.. A copy of Republic Act 11293 or the Philippine Innovation Act, which Duterte signed on April 17 this year, was released to the media on Tuesday. Promoting sustainable industries, and investing in scientific research and innovation, are all important ways to facilitate sustainable development. Goal 9 in Action Explore the Targets. Though the country has relatively high access levels to water, sanitation, and electricity, service levels have failed to keep up with rapid population growth and urbanization. MORE >, The 2014 flooding and landslides affected more than a million people. Without technology and innovation, industrialisation will not happen, and without industrialisation, development will not happen. Without technology and innovation, industrialisation will not happen, and without industrialisation, development will not happen. Investments in infrastructure – transport, irrigation, energy and information and communication technology – are crucial to achieving sustainable development and empowering communities in many countries. Historically, insufficient infrastructure development has stunted both economic growth and poverty reduction, but there is an active movement toward improvement. The following are four important facts regarding infrastructure in the Philippines. Goal 9: Industry, innovation and infrastructure. The IPIF will support only a small slice of the country’s huge infrastructure investment needs. UN Sustainable Development Goals (UN SDGs), PH microsatellite a step closer to launch, Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all, Promote inclusive and sustainable industrialisation and, by 2030, significantly raise industry’s share of employment and gross domestic product, in line with national circumstances, and double its share in least developed countries, Increase the access of small-scale industrial and other enterprises, in particular in developing countries, to financial services, including affordable credit, and their integration into value chains and markets, By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries taking action in accordance with their respective capabilities, Enhance scientific research, upgrade the technological capabilities of industrial sectors in all countries, in particular developing countries, including, by 2030, encouraging innovation and substantially increasing the number of research and development workers per 1 million people and public and private research and development spending, Facilitate sustainable and resilient infrastructure development in developing countries through enhanced financial, technological and technical support to African countries, least developed countries, landlocked developing countries and small island developing States 18, Support domestic technology development, research and innovation in developing countries, including by ensuring a conducive policy environment for, inter alia, industrial diversification and value addition to commodities, Significantly increase access to information and communications technology and strive to provide universal and affordable access to the Internet in least developed countries by 2020. More than 4 billion people still do not have access to the Internet, and 90 percent are from the developing world. International good practice in the national innovation system is used in evaluating the effectiveness Bridging this digital divide is crucial to ensure equal access to information and knowledge, as well as foster innovation and entrepreneurship. It needs to strengthen linkages among innovation actors and build up its pool of research scientists and engineers. 2020 With over half the world population now living in cities, mass transport and renewable energy are becoming ever more important, as are the growth of new industries and information and communication technologies. We will also have to improve our existing industrial infrastructure, and here, technological innovation will be key. Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation. Technological progress is the foundation of efforts to achieve environmental objectives, such as increased resource and energy-efficiency. Industry, innovation, and infrastructure We are still currently working on the responsive (mobile and tablet) versions of this website. GlobalData predicts that the industry's output will shrink by 9.2% in 2020, which reflects the sharp year-on-year drop of 33.5% in Q2 2020, when construction activity was brought to a standstill across many parts of the country, owing to the impact of COVID-19 containment measures. The Philippines has underinvested in infrastructure – it was ranked 97th out of 137 nations in the WEF report for 2017-2018. Philippines was ranked 112th out of 138 countries in terms of infrastructure quality, well below other Southeast Asian countries, such as Malaysia (19th), Thailand (72nd), and Indonesia (80th). For this, we need to promote innovative sustainable technologies and ensure equal and universal access to information and financial markets. … Investment in infrastructure and innovation are crucial drivers of economic growth and development. Through SDG 9, countries have determined that investing in more resilient infrastructure, cooperating across borders, and encouraging small enterprises will all be critical to ensuring sustainable industrial development. Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all. The impacts of underdeveloped public infrastructure are high costs of doing business, which, in With the understanding that advanced warning saves lives, UNDP is helping to establish a flood forecasting and early warning system in the Vrbas River basin. Currently, the Philippines ranks 95th in the global eGovernment rankings. Ten years ago there were just three border crossing points between Afghanistan and Tajikistan. Opportunities & Challenges. With over half the world population now living in cities, mass transport and renewable energy are becoming ever more important, as are the growth of new industries and information and communication technologies. We will also have to improve our existing industrial infrastructure, and here, technological innovation will be key. The Philippines needs a concrete plan of action to stir innovation. Goal 9: Industry, innovation and infrastructure Investment in infrastructure and innovation are crucial drivers of economic growth and development. President Rodrigo Duterte’s administration has made tackling the country’s infrastructure deficit a major priority. By BusinessMirror -January 26, 2019 THE country is working to grow and develop industry clusters in a bid to create an inclusive innovation and entrepreneurship ecosystem. Inclusive and sustainable industrial development is the primary source of income generation, allows for rapid and sustained increases in living standards for all people, and provides the technological solutions to environmentally sound industrialisation. The fourth item on the President’s 10-point Socio-Economic Agenda calls for boosting annual infrastructure spending to account for 5% of GDP, “with Public-Private Partnerships (PPPs) playing a key role”. (File photo courtesy of PTV) MANILA-- Socioeconomic Planning Secretary Ernesto Pernia has stressed the need to vigorously advance the country’s science, technology and innovation (STI) agenda, which is key to economic growth and improving the quality of life of Filipinos.. • With the creation of the proper environment and implementation of innovation-centered programs through the Philippine i3S, domestic firms and industries can unleash their full potentials to take advantage of market opportunities, overcome challenges, and act as an engine for sustained, inclusive growth, job creation, and poverty reduction. Within the past couple of years, proposals have been met with action to pave the way for a change. » Industry, Innovation & Infrastructure Wireless system for disaster operations During disasters, it is crucial to communicate vital information, such as medical needs, data … MANILA-- President Rodrigo Duterte has signed a law which would harness innovation efforts to help the poor and the marginalized and enable micro, small and medium enterprises (MSMEs) to be part of the domestic and global supply chain.. A copy of Republic Act 11293 or the Philippine Innovation Act, which Duterte signed on April 17 this year, was released to the media on Tuesday. The World Economic Forum (WEF) Global Competitiveness Index identified infrastructure, labor market efficiency, innovation, technological readiness, intellectual property protection, R&D spending by private companies, and availability of scientists as key areas in business and enterprise development where the Philippines is lagging. With over half the world population now living in cities, mass transport and renewable energy are becoming ever more important, as are the growth of new industries and information and communication technologies. United Nations Development Programme, Flood warning systems in Bosnia and Herzegovina, Programme of Assistance to the Palestinian People, Goal 9: Industry, innovation and infrastructure. To help the country leapfrog its constraints to growth, USAID has strategically included science, technology and innovation (STI) in its programming. Global Targets Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all Industry, Innovation and Infrastructure. Aligned with the President’s Zero+10-Point socioeconomic agenda, the Department of Trade and Industry (DTI) is implementing a new industrial policy towards achieving inclusive and sustainable growth that generates more opportunities for employment and entrepreneurship in the country.Our goal is to develop innovation-driven, infrastructure-enabled, import-/export-competitive, … Industry, Innovation and Infrastructure To meet future challenges, our industries and infrastructure must be upgraded. This program aims to improve our position to 50 or higher by addressing key issues such as interoperability and efficiency through both policy innovations and strategic infrastructure interventions. Through SDG 9, countries have determined that investing in more resilient infrastructure, cooperating across borders, and encouraging small enterprises will all be critical to ensuring sustainable industrial development. 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