The Sustainable Development Goals (SDGs) is an outcome of the United Nations (UN) general assembly held 25th September, 2015 with the mandate to transform our world. These set of goals which are also referred to as the UN development framework is a transition from the Millennium Development Goals (MDGs) met to instigate development actions from 2015-2030. SDGs consist of 17 goals, 169 targets with several performance indicators to monitor progress details of which are available at https://sustainabledevelopment
Similarly, the meaning of “economic development” is often viewed in a narrow spectrum, along the lines of creating wealth. This economic perspective however limits the understanding of development. The “environment” is where we all live; and “development” is what we do in order to progress while living within that abode. The two concepts are inseparable. However many of the development paths of the industrialized nations are unsustainable. Many forms of development erode the environmental resources
PART 4 SOCIAL DIMENSION (BETWEEN TURKEY AND OECD) Sustainable economic development cant be achieved unless and until social development also takes place. Consequently, the social dimensions of economic development and productivity are as important as the economic dimensions. Income inequality in OECD countries is at its highest level for the past half century. The average income of the richest 10% of the population is about nine times that of the poorest 10% across the OECD, up from seven times 25
gained first through a brief review of the concept of sustainable economic development and its relation with environmental concerns. For most of the last couple of hundred years, the environment was largely viewed as external factor to humanity, mostly to be used and exploited, and on the entire the relationship between people and the environment was thought of as humanity’s conquest over nature. The concept of sustainable economic development is the result of growing awareness of the global links
Introduction Sustainable development is a concept that emerged in the context of a growing awareness of an impending ecological crisis. According to the Brundlant report (1987; 43), “sustainability is the development that meets the needs of the present without compromising the ability of future generations to meet their needs. Scholars and government diplomats have tried to come up with the key understanding of what sustainable development is about, what led to the issue and what measure should
Sustainable tourism creates balance between business and customers, in the way the business creates profit and the customers enjoy their holiday. Thereby the people and the environment in the destination will continue to thrive. How critical is sustainability to the future of the travel and tourism industry? Sustainable tourism is absolute crucial for the future of the industry. It is one of those things that are easy to say, and it is evidently true, but if you think about tourism it is not a special
Introduction H&M which stands for Hennes and Mauritz was grounded in Sweden 1947 by the founder Erling Persson. The concept was affordable fashion that keeps updated with the newest trends. It was a new concept at the time and has since then been following H&M trough all the years. At the start, H&M was only focusing on fashion for women but has since then expanded their assortment of fashion for men, babies, youth and even home styling. Today H&M has 4,553 stores in 69 countries which make them
thesis, we understand that sustainability alone might probably not be enough to carry on its shoulder the burden of environmental problems. A nuance should be made in the definition of sustainable development given by the United Nations. As a reminder, the United Nations defined sustainable development as a “development that meets the needs of the present without compromising the ability of generations to meet their own needs”. According to Toby Hemenway, if this might have been true a thousand years
strategies, policies, measures or operations such that they become part of the national and regional development policies, processes and budgets at all levels and stages (UNDP, 2005 as cited in Levina and Tirpak, 2006). Also, consistent with this view is the UNDP-UNEP concept which describes mainstreaming in climate change adaptation as the iterative process of integrating climate change adaptation into development policy-making, planning, budgeting, implementation and monitoring processes at national, sector
Sustainability will lead to improve the bank's access to international financing; sustainable banks will have better access to capital from international financial organizations. 5. Sustainability will increase the bank's market value. Banks follow a sustainability strategy create long-term value for themselves, their shareholders and their