According to the Oxford dictionary, the definition of sustainable development is “economic development that is conducted without depletion of natural resources.” This concept was first became known and was published in 1987 by the United Nations through the Oxford University Press. The publication was called “Our Common Future”, also known as the Brundtland Report, in recognition of former Norwegian Prime Minister Gro Harlem Brundtland. It warned of the negative environmental consequences of economic growth and globalization. As a part of a new sustainable development roadmap, the United Nations approved the 2030 Agenda, which contains the Sustainable Development Goals, a call to protect the world environment and guarantee the well-being of people.
The goal set forth by sustainable development is to satisfy the needs of the present generation without compromising the future generations, and to create a balance between economic growth, saving the environment, and creating social well-being. Many of the greatest challenges facing the world today, such as climate change, water scarcity, and hunger, can only be resolved by promoting sustainable development. The Sustainable Development Goals (SDGs), also known as the UN Global Goals, were adopted by all United Nations Member States in 2015. They are considered a universal call to action to end poverty, protect the planet and ensure peace and prosperity by the year 2030.
Sustainability is development that satisfies the needs of the present without compromising the capacity of future generations, guaranteeing the balance between economic growth, care for the environment and social well-being.
The Division for Sustainable Development Goals (DSDG) in the United Nations.
The World Business Council for Sustainable Development (WBCSD) is a global, CEO-led organization of over 200 leading businesses.
CGD works to reduce global poverty and improve lives through innovative economic research that drives better policy and practice by the world’s top decision makers.