Big Data for decision-making and achieving Sustainable Development Goals: the state of legal regulation

Abstract

The article examines the importance of using big data in decision-making, in particular, in achieving the Sustainable Development Goals. The legal regulation of the SDGs in Ukraine since 2015 is analyzed. An institutional system for collecting and publishing data on SDG indicators in Ukraine is established. It is found that the data is not updated systematically and is not collected for all indicators. This makes it impossible to adjust decisions to achieve the SDGs. The use of Big Data in SDG indicators can complement statistics and reveal new individual relationships between indicators. Big Data is collected, as a rule, by corporate entities that have invested heavily in building large databases and use the results of big data processing in their own business models. It is necessary to adopt the Strategy for Achieving the SDGs in Ukraine until 2030 with legal regulation on the use of modern digital technologies for collecting, analyzing and attracting Big Data from businesses.