Japan will lead the Group of 20 major advanced and emerging economies in focusing on worldwide data governance under the World Trade Organization when the country hosts the G20 summit in June, Prime Minister Shinzo Abe said on Wednesday.
In a speech delivered in English at the World Economic Forum annual meeting in the Swiss resort of Davos, the Japanese leader expressed hopes that the G20 meeting, due to be held in Osaka, will be “long remembered as the summit that started worldwide data governance.”
“The engine for growth ... is no longer fueled by gasoline, but more and more by digital data,” Abe said, highlighting the significance of big data, including browsing and shopping logs.
He called for the promotion of border-free flows of anonymous data while citing the need to protect data affecting intellectual property rights and national security, as well as personal data.
Abe proposed that the upcoming G20 summit should launch new talks on digital data governance under the WTO, terming this the “Osaka track.”
The Japan-chaired summit will also highlight the importance of innovation for tackling climate change, Abe said, noting that his government is working to reduce the production cost of hydrogen by 90 percent by 2050, with the aim of offering a cheaper alternative to natural gas.
At the Osaka summit, Japan aims to build the consensus needed for global efforts to reduce the amount of plastics thrown into oceans, he added.Speech