Economics Uncategorized

Sustainable Development

Meaning:
Sustainable development is concerned
with the welfare of not only present generation but also future generation. It aims at not only satisfying the luxury wants of the upper class i.e. rich but also the basic necessities of the poor like food, sanitation,
health care, education etc. The present
generation should not exhaust the resources
left by the past generation, but it should leave
the same for the sake of future generation.
This is called inter – generational equity.
Definitions:
“Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs”
-World Commission on Environment
and Development, 1987-
“The alternative approach (to sustainable development) is to focus on natural capital assets and suggest that they should not decline through time.”
-Pearce, Markandya and Barbie 1989-

Sustainable Development Goals (SDGs):
It is crucial to harmonize three core
elements such as economic growth, social inclusion and environmental protection. A set of 17 goals for the World’s future can be achieved before 2030 with three unanimous principles fixed by United Nations such as Universality, Integration and Transformation.
1. End Poverty in all its forms everywhere
2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture
3. Ensure healthy lives and promote well-being for all at all ages
4. Ensure inclusive and quality education for all and promote lifelong learning
5. Achieve gender equality and empower women and girls
6. Ensure access to water and sanitation for all
7. Ensure access to affordable, reliable, sustainable and modern energy for all
8. Promote inclusive and sustainable economic growth, employment and decent work for all
9. Build resilient infrastructure, promote
sustainable industrialization and foster
innovation.
10. Reduce inequality within and among
countries
11. Make cities inclusive, safe, resilient and
sustainable
12. Ensure sustainable consumption and
production pattern
13. Take urgent action to combat climate
change and its impacts
14. Conserve and sustainably use the
oceans, seas and marine resources
15. Sustainably manage forests, combat
desertifi cation, halt and reverse land
degradation, halt biodiversity loss
16. Promote just, peaceful and inclusive
societies
17. Revitalize the global partnership for
sustainable development

Green Initiatives:

Today, number of organizations,businesses and people across the globe that are striving for sustainability and more eco-friendly lifestyles is increasing.They are passionate towards protectingthe Earth – the only life support system we have. Hence, we should bring about change through political lobbying, citizen action and consumer pressure. And we should take peaceful direct action to protect this fragile planet and promote the solutions for a green and peaceful future. Since the globe warming is a globe problem, the polluters, namely developed countries, should be made to pay for the pollution control efforts.

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