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In: Economics

Should the government be maximally or minimally involved in addressing sustainability and climate change compared to...

Should the government be maximally or minimally involved in addressing sustainability and climate change compared to the private sector market economy?

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Expert Solution

Development which meets the need of the present without compromising the ability of future generations to meet their own needs known as sustainable development. This is most widely definition of sustainable development was given by brundtland commission in its report our common future 1987. Sustainable development calls for concerted efforts toward building an inclusive sustainable and resilient future for people and planet.

Core element of sustainable development:-
3 core elements of sustainable development are economic growth, social inclusion and environmental protection. It is crucial to harmonized them. Sustainable economic growth achieving sustainable livelihood,living in harmony with nature and appropriate technology are important for sustainable development.

Environmental sustainability and climate change compared to the private sector market economy.

Environmental sustainability prevent nature from being used as an inexhaustible sources of of resources and insurers its protection and rational use. Aspects such as environmental conservation, investment in renewable energy, saving water, supporting sustainable mobility, and innovation in sustainable construction and architecture contribute tu tu to achieving environmental sustainability on several fronts.

To bring sustainable development in the mainstream United Nations launches the 2030 agenda for sustainable development it and sustainable development goals. This universal integrated and transformative agenda aims to spur actions that will end poverty and build a more sustainable world over the next 15 years.

Sustainable development requires every nation to prioritize their targets and carefully implement various schemes or programs in accordance with local challenge is capacities and available resources. Countries follows a a holistic approach for achieving the sustainable development goals by implementing a comprehensive array of schemes. Currently flagship policies and programs of Governments are launched in various countries.


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