Understanding Sustainable Economic Development

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    Sep 12, 2013
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Sustainable building in Djibouti
Sustainable building in Djibouti
Photo by US Army Africa

Sustainable Economic Development is defined by United Nations as: “Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” This definition for the very first time considered development in the context of environment and was part of The Brundtland Commission Report, 1987. One of the fundamental initiatives taken during this period was on Sustainable Education in developing countries.  

Sustainable Economic Development policies were further improved under The Montreal Protocol in 1989. This was because several research papers and studies across the globe had established several environmental development hazards. First were the depletion of the ozone layer, and the discovery of the substances that cause such destruction. Sustainable Education and dissemination of information later led to the adoption of the Montreal protocol two years later.

Sustainable Economic Development initiatives adopted by many countries influence the Corporate Social Responsibility adopted by several organizations. The organizations contributed to development through active participation in Sustainable Education along with other non-government organization committed to Sustainable Economic Development. 

UN goals for 2015

Sustainable Education for initiatives by governmental, non-profit and corporate organizations under United Nations Millenium Declartion includes such goals as poverty eradication, child mortality to sustainability. An action plan put together in 2010 is focused on the same.
Sustainable Economic Development  on all fronts be it economic growth, social development as well as environmental protection are a triad of policies, the United Nations has put into a framework for 2005-2014. In retrospect, facilitators and decision-makers have found that Sustainable Education is by far the first point of action to introduce Sustainable Economic Development, especially in downtrodden and developing nations.

Regardless of new age economic policies definitions or theories, Sustainable Education only can save a nation and its people from the fast and destructive path of industrialization at the cost of ecological destruction. Be it the thick Amazon forests or the deep rain forests, Sustainable Economic Development, along with the political will needs quality Sustainable Education initiatives.

India and Sustainable Economic Development

Sustainable Education has been at the root of several initiatives adopted by corporates across the country. They have adopted ecological sustainability in a systemized and structured manner, especially in the last five years of their initiatives.

The scope and the value creation these organizations have brought to Sustainable Economic Development via the Sustainable Education bandwagon has proved to be a powerful arsenal in India’s march to become a world power!

Author's Profile

S Kirti Saxena is a web enthusiast and a writer. Kirti has afforded her articles and write-ups autonomously and through various online forums. Get more information on: Sustainable Economic Development & Sustainable Education

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