This blog contains Complete Explanation of Economic and Sustainable Development with its Goals. This also explains the 17 Sustainable Development Goals (SDG) that are beneficial for Humans and Environment. These Goals include No Poverty, Zero Hunger, Good Health and Well being, Quality Education, Gender Equality, Clean Water and Sanitation, Affordable and Clean Energy, Decent Work and Economic Growth, Increase Industry, Innovation and Infrastructure, Reduce Inequality etc. It also discusses the Challenges and Critiques of Sustainable Development.
What is Economic Development?
Economic Development is the act, process or result of developing which includes the progress, and advancements in different context. Development always takes us to the next level of innovation.
Everything modern and latest around you is included in Economic Development. Humans use their minds to get more benefits from their modern environment and also for progressing in the form of development. It helps us to re-build any city or country into a more modern, latest and mature state. This can be any change that makes all the people of the world attracted to a country or city. It can be in the form of Infrastructure, Facilities, Modern equipment and everything that makes a place more attractive than the previous simpler version of it. All the famous and well-known countries and cities of the World are preferred by people because of their Developmental status.
Development have been a very important part of today’s progress and advancements. Every modern culture and infrastructure is included in Development. We will learn about Economic and Sustainable development with its Goals in detail in this blog.
Example of Development:
Increasing Per Capita Income and Advancements in Literacy rates, etc.
2. What is Sustainable Development?
Sustainable development the idea that human societies must live and meet their needs without compromising the ability of future generations to meet their own needs. It is as an approach to developing or growing by using resources so as to renew or continue to exist for others.
It is the concept of development in a Sustainable Manner. This makes sure that the Natural resources and Ecosystem services are protected during the Developmental Activities. Sustainable development is the only way to balance nature with modern progress and advancements. The historical context and Evolution of Sustainable development is to be Sustainable for devising your Development Strategies. It is a sustainable way to get progress and also Save the Nature when you are going towards the Development. This is the right step to protect and Conserve the Biodiversity and Natural Resources for our next generations. The motive of Sustainable Development is that, no Natural resource or Ecosystem services should e disturbed or hurt during the Developmental and Progressive Work or activities.
Sustainable Development provides us strategies in order to protect our environment as well as focuses on the Developmental Projects and purposes. Because Economic and other types of Development are the need of present time, but it has been neglecting, destroying and exploiting Natural Resources for years. That is why there was a need of any mid-way to deal with the Disadvantages of Development in the context of Biodiversity loss and Natural resource depletion. Sustainable development helps us to conserve and reuse natural resources and also contributes in protecting the Environment. This also includes the concepts like Circular Economy, 4R Strategy, Eco-friendly Lifestyle and other goals to maintain Environmental Sustainability. The Sustainable Development can be implemented by Policies and Governance. We will learn about Economic and Sustainable Development Goals SDG in detail.
Sustainable Development Case Studies:
Case Study 1: Itaipu’s 17
Itaipu has established 17 Case studies that responds to the Sustainable Development Goals. These includes Promotion of Sustainable Agriculture, Ensuring Food Security etc.
Case Study 2: UPS Orion
An AI System named ORION is implemented by UPS that optimize delivery routes and thus reduce Fuel Consumption by 10 million gallon and by ensuring reduction in Carbon Footprint of about 100,000 metric ton annually.
Case Study 3: Climeworks
Climeworks is a company that uses Direct Air Capture (DAC) Technology for Carbon Capture. Its goal is to remove 1 Gigaton of Carbon dioxide per year by 2050.
Case Study 4: INSTEAD Sustainability
INSTEAD published 28 sustainability case studies in 2023-2024, that covers the topics of Carbon dioxide Removal, Greenhouse gas emissions monitoring.
Case Study 5: HSBC Green Finance
HSBC provides opportunities for the Green Finance that helps in the Climate Action and provide us Climate Investments. This plays a great role in maintaining Environmental Sustainability.
These are some of the recent Sustainable Development Case Studies.
3. What are the Sustainable Development Goals (SDG)?
There are 17 Goals of Sustainable Development. Following is the list of Goals of Sustainable Development:
- No Poverty
- Zero Hunger
- Good Health and Well being
- Quality Education
- Gender Equality
- Clean Water and Sanitation
- Affordable and Clean Energy
- Decent Work and Economic Growth
- Increase Industry, Innovation and Infrastructure
- Reduce Inequality
- Mobilize Sustainable Cities and Communities
- Influence Responsible Consumption and Production
- Organize Climate Action
- Develop Life below Water
- Advance Life on Land
- Guarantee Peace, Justice and Strong Institutions
- Build Partnerships for the Goals
These are the 17 Goals of Sustainable Development. We will learn about Economic and Sustainable development Goals SDG in detail
4. What is meant by No Poverty and Zero Hunger in Sustainable Development Goals (SDG)?
1) No Poverty:
Poverty is not having enough money to fulfil basic needs of a human live. It is one of the most common problem in most of the countries of the world. Sustainable development has a goal of eliminating poverty from the world. So, that every person can afford his fundamental needs by his own income and resources. Sustainable Food Systems, Eco-friendly Lifestyle and Sustainable Agriculture will help us to reduce Poverty.
2) Zero Hunger:
Hunger is the need of food that is by default in every living thing. Many people in the world population face hunger due to less resources, money and Environmental Crisis. Sustainable development makes sure that every individual on Earth get nutritious all according to their requirement, because many of the families and children remain Undernourished throughout the year in different areas of the world. This also include Sustainable Agriculture and Food System.
We will learn about Economic and Sustainable development with its Goals in detail
5. What do you know about Good Health and Quality Education in Sustainable Development Goals (SDG)?
3) Good Health and Well-being:
Good health means that a person is healthy and his body is working well. While well-being includes the mental health and productivity of a person in his lifestyle. Sustainable development guides that every person has the right to have good health and strong mindset in order to take good decisions in his life. It works for the improvement of health and well-being of the people.
4) Quality Education:
Quality Education refers to the education and guidance of good morals and authentic knowledge. This really effects the brought up of a person. Sustainable development considers Quality Education as the fundamental right for every person without considering any age of getting education so this helps in building up the positive mindset of the children and makes them well mannered individuals in future.
6. What do you know about Gender Equality and Clean water in Sustainable Development Goals (SDG)?
5) Gender Equality:
Gender Equality is providing rights and Opportunities to the Males and Females at the same extents. It includes the rights to get education, right to work, right to fight for justice etc. Sustainable Development demands to give equal safety, opportunities and guidance to Males and Females with the same facilities, support and also all other facilities that are needed for success and dignity.
6) Clean Water and Sanitation:
Clean water refers to the hygienic and freshwater available for the population. While sanitation includes the processes related to hygiene and cleanliness. Sustainable development has a Goal for the supply of clean water and sanitation processes and awareness to every individual. These both facilities will keep the population healthy and away from many of the common diseases due to unhygienic lifestyle.
We will learn about Economic and Sustainable development with its Goals in detail
7. What do you know about Affordable Clean Energy, Decent work and Economic Growth in Sustainable Development?
7) Affordable Clean Energy:
Affordable means that is easily accessible in financial context. Clean Energy is the energy that reduce or eliminates GHG emissions in their processing and does not harm the environment. This goal of Sustainable Development provide us awareness that Clean and Sustainable energy will be beneficial for both Humans and Environment. This is right of every person to take advantage from affordable energy or Renewable Energy sources.
8) Decent Work and Economic Growth:
Decent work means that a job or any activity that provide you financial freedom and be your support in every way. Economic Growth is the growth of nation’s wealth in order to improve the quality of life of their population. According to Sustainable Development Goals, every individual in Human Population has the right to have a decent work and to live in an area with great Economic Growth and Sustainability.
8. What do you know about Increase of Industry, Innovation and Infrastructure in Sustainable Development?
9) Increase of Industry, Innovation and Infrastructure:
Industry is any factory or manufacturing company that makes goods and products. Innovation refers to practical implementation of new ideas and new technologies. While Infrastructure includes the Buildings, physical structures and constructions that are equally important in Economic Growth. In the context of Sustainable Development, it is must to expand the industries, Implementation of Innovations and latest ways to tackle development, and also Improve your Infrastructure in Sustainable ways. It also includes Sustainable Urban Planning.
We will learn about Economic and Sustainable development with its Goals in detail
9. What do you know about Reduction of Inequality and Mobilizing Sustainable Cities and Communities in Sustainable Development ?
10) Reduce Inequality:
Inequality means that one part of the population in treated with some other rules and regulations while other parts are treated with false ways. This is very common behavior in most of the developing countries where Law is not implemented on everyone equally. Sustainable development demands Equality in every matter among all the individuals on the Country or the World. Gender Equality is one of the most important requirement for Sustainability and Sustainable Development.
11) Mobilize Sustainable Cities and Communities:
Sustainable Cities and Communities refers to the regions where sustainable living is practiced. It includes affordable housing, improved public transport, Sustainable Transportation, better managements and also upgradation of Slum settlements. Sustainable development helps in the better urban planning and serves like every individual has a right to be at a Sustainable and affordable place to live and cherish. This can be called as Sustainable Development in Urban Planning.
10. What is Influencing Responsible Consumption and Production in Sustainable Development Goals?
12) Responsible Consumption and Production:
The consumption in this case includes the Natural Resource Consumption. This consumption is depleting the Natural resources. So, in the case of Sustainable development, we should implement responsible consumption of Natural Resources by including Natural Resource Management. In the same way using this resources for production of goods should also be monitored and controlled. This also include the implementation of Circular Economy.
We will learn about Economic and Sustainable development with its Goals in detail
11. What do you mean by Organizing Climate Action in Sustainable Development?
13) Organize Climate Action:
Climate Change is one of the leading Environmental Problem on the present time. It is defined as the long-term shifts of the weather patterns. Climate Change is disturbing every Ecosystem and every type of Biodiversity on Earth. Sustainable development can be possible if there will be Implementation of Climate Action or Sustainable Strategies to Control the extreme Impacts of Climate Change. This include Climate Change Adaptation and Mitigation to combat Climate Change Impacts.
12. What do you mean by Life Below Water and Advance Life on Land in SDG?
14) Life Below Water:
Life Below water refers to all the species that lives in marine ecosystem whether they are plants or animals. Marine species play a great role in regulating and maintaining the Earth’s Environment. Sustainable development guides us to protect and conserve the Marine species because of their vital role in Environment and their significance the the Oceanic Ecosystem.
15) Advance Life on Land:
Advance life on Land means that every living individual or specie should be given importance and safety on land. Because every specie of Biodiversity is equally important in the maintenance of the Environment. Sustainable Development focuses on the Safety and a healthy life of every individual by reducing or eliminating Loss of Natural Habitats, Climate Change Mitigation and Adaptation etc.
We will learn about Economic and Sustainable development with its Goals in detail
13. What do you mean by Guarantee of Peace, Justice and Strong Institutions in SDG?
16) Guarantee Peace, Justice and Strong Institutions:
Peace is the fundamental right for an honorable citizen to live in a safe city. In the same way Justice, which means to treat everyone in the same way and punish the wrong doers. Strong Institutions means the workplaces and companies should have a strong foundation to work. Sustainable development makes sure that these three facilities should be given to every Individual in the World Population. Peacebuilding and solving Environmental Conflicts are part of Sustainable Development Goals.
14. What do you mean by Building Partnerships for the Sustainable Development Goals?
17) Build Partnerships for the Goals:
This is the last Goal of Sustainable Development. This ask us to build partnerships among the Implementation of Goals. To build Partnership means that the collaboration of institutions and authorities against non-sustainable development and practices on Earth. It also includes the implementation of Climate Action, Justice, Responsible Consumption and Production etc. and all other acts required by Sustainable Development. This can be applied by devising integrated Policies and establishing proper Governance among Sustainable Development Goals.
These were the 17 Goals of Sustainable Development. We will learn about Economic and Sustainable development with its Goals in detail.
15. What are the Major Challenges for Sustainable Development?
Challenges means the hurdles that comes in the implementation of Sustainable Development Goals or in achieving Sustainable Development. Following are the Challenges that we face in Sustainable Development:
i. Climate Change:
The rising issue of Climate change is a constant challenge for Sustainable Development. The Climate Crisis makes it difficult to implement Sustainable development by mainly increasing the Greenhouse Gas emissions. Other phenomena includes Desertification and Nutrient loss of the soil etc.
ii. Economic Instability:
Economic Instability is the condition in which an Economy goes out of control the there is presence of factors like Inflation, Unhealthy expansion and many other Economic Developmental Crisis. This may occur on the Global level and effect Sustainable Development at a great level.
iii. Political Will:
Political commitment and collaboration is an important requirement for Sustainable Development. Without Political will, it is very difficult to maintain Sustainable Development and achieve its goals in an area. So, Political will can be a great challenge against Sustainable Development.
iv. Resource Management:
There is a need of proper and efficient Resources management for the implementation of Sustainable Development. If all other requirements of Sustainable Development are completed, but the resources are not managed properly, the Development will not stay persistent.
v. Technological Advancements:
Technology can play a negative as well as a positive role in Sustainable Development. The advancements in technology may help in the implementation of Sustainable Development. But Technology can be a greatest enemy for Sustainable Development Goals.
These are the Challenges for Sustainable Development.
16. What are the Critiques of Sustainable Development?
Following are the Critiques of Sustainable Development:
1. Non-binding Goals:
The Sustainable Development Goals (SDGs) are often criticized for non-binding. Without imposed mechanisms, countries may not feel forced to meet the targets. This is a crucial issue.
2. Underfunding:
The Global economic crisis, caused by the COVID-19 pandemic, increased the funding gap for Sustainable development initiatives. This may be a serious problem.
3. Complexity:
The SDGs consist of 17 goals and 169 targets, in which some argue is too crucial and difficult to implement effectively. This complexity can be great hurdle in the way of Sustainable Development.
4. Lack of Accountability:
There is low accountability from governments, with many failures to integrate SDGs into their country’s budgets and policies. This lack of accountability is major critique of Sustainable Development.
5. Inequality:
Other than progress, inequalities remains, and some regions are far behind in achieving the SDGs. This stops from reaching the level of Global Sustainability in the world.
These are the major Critiques of Sustainable Development.
17. Conclusion:
Economic Development refers to the progress or advancement of society in different context. This development have been neglecting Biodiversity and Natural Resources from many years. The solution to balance the Environment and Development is to Apply Sustainable Development. Sustainable development conserves and protects the natural resources and biodiversity as well as takes care of new and modern Development and Innovation. The best way to be developed and save the Nature is to Implement Sustainable Development and Environmental Sustainability.
There are 17 Goals of Sustainable Development. Many countries are working on these goals and providing a Sustainable life to their populations. But unfortunately these are not implemented in the whole World. The developing countries have no extra funds and investment to spend on this Cause. The nations should work in collective ways to meet the Goals of Sustainable Development because every individual on Earth is equally important and should have all these facilities in every part of the world. The best way to Implement Sustainable Development Policies and Governance. And all these acts can also help us to Save the Earth. This blog is all about Sustainable Development Goals (SDG).
To learn about more topics, Click the Links below:
Anthropogenic Causes of Climate Change
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