File Name: inclusive growth and sustainability role of commerce education in india .zip
- Sustainable growth
- The Sustainable Development Goals in 2019: People, Planet, Prosperity in Focus
- UN Sustainable Development Goals
Sustainable development is the organizing principle for meeting human development goals while simultaneously sustaining the ability of natural systems to provide the natural resources and ecosystem services on which the economy and society depend. The desired result is a state of society where living conditions and resources are used to continue to meet human needs without undermining the integrity and stability of the natural system.
Sustainable development can be defined as development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Sustainability goals, such as the current UN-level Sustainable Development Goals , address the global challenges, including poverty, inequality, climate change, environmental degradation, peace and justice. While the modern concept of sustainable development is derived mostly from the Brundtland Report , it is also rooted in earlier ideas about sustainable forest management and twentieth-century environmental concerns.
As the concept of sustainable development developed, it has shifted its focus more towards the economic development , social development and environmental protection for future generations. It has been suggested that "the term 'sustainability' should be viewed as humanity's target goal of human—ecosystem equilibrium homeostasis [ contradictory ] , while 'sustainable development' refers to the holistic approach and temporal processes that lead us to the end point of sustainability".
Instead of holding climate change commitments and other sustainability measures as a remedy to economic development, turning and leveraging [ clarification needed ] them into market opportunities will do greater good. The concept of sustainable development has been, and still is, subject to criticism, including the question of what is to be sustained in sustainable development. It has been argued that there is no such thing as a sustainable use of a non-renewable resource , since any positive rate of exploitation will eventually lead to the exhaustion of earth's finite stock;  : 13 this perspective renders the Industrial Revolution as a whole unsustainable.
Sustainability can be defined as the practice of maintaining world processes of productivity indefinitely—natural or human-made—by replacing resources used with resources of equal or greater value without degrading or endangering natural biotic systems.
Sustainability science is the study of the concepts of sustainable development and environmental science.
There is an additional focus on the present generations' responsibility to regenerate, maintain and improve planetary resources for use by future generations. Sustainable development has its roots in ideas about sustainable forest management which were developed in Europe during the 17th and 18th centuries.
In Hans Carl von Carlowitz , a senior mining administrator in the service of Elector Frederick Augustus I of Saxony published Sylvicultura economics , a page work on forestry. Building upon the ideas of Evelyn and French minister Jean-Baptiste Colbert , von Carlowitz developed the concept of managing forests for sustained yield.
This, in turn, influenced people like Gifford Pinchot , the first head of the US Forest Service , whose approach to forest management was driven by the idea of wise use of resources, and Aldo Leopold whose land ethic was influential in the development of the environmental movement in the s.
Following the publication of Rachel Carson 's Silent Spring in , the developing environmental movement drew attention to the relationship between economic growth and development and environmental degradation. Kenneth E. Boulding in his influential essay The Economics of the Coming Spaceship Earth identified the need for the economic system to fit itself to the ecological system with its limited pools of resources. Describing the desirable "state of global equilibrium", the authors wrote: "We are searching for a model output that represents a world system that is sustainable without sudden and uncontrolled collapse and capable of satisfying the basic material requirements of all of its people.
In the International Union for the Conservation of Nature published a world conservation strategy that included one of the first references to sustainable development as a global priority  and introduced the term "sustainable development". The report included what is now one of the most widely recognised definitions of sustainable development. Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
It contains within it two key concepts:. Since the Brundtland Report, the concept of sustainable development has developed beyond the initial intergenerational framework to focus more on the goal of "socially inclusive and environmentally sustainable economic growth ".
The action plan Agenda 21 for sustainable development identified information, integration, and participation as key building blocks to help countries achieve development that recognises these interdependent pillars. It emphasises that in sustainable development everyone is a user and provider of information. It stresses the need to change from old sector-centred ways of doing business to new approaches that involve cross-sectoral co-ordination and the integration of environmental and social concerns into all development processes.
Furthermore, Agenda 21 emphasises that broad public participation in decision making is a fundamental prerequisite for achieving sustainable development. Under the principles of the United Nations Charter the Millennium Declaration identified principles and treaties on sustainable development, including economic development , social development and environmental protection.
Broadly defined, sustainable development is a systems approach to growth and development and to manage natural, produced, and social capital for the welfare of their own and future generations. The term sustainable development as used by the United Nations incorporates both issues associated with land development and broader issues of human development such as education, public health, and standard of living.
A study concluded that sustainability reporting should be reframed through the lens of four interconnected domains: ecology, economics, politics and culture. Education for sustainable development ESD is defined as education that encourages changes in knowledge , skills, values, and attitudes to enable a more sustainable and equitable society.
ESD aims to empower and equip current and future generations to meet the needs using a balanced and integrated approach to the economic, social and environmental dimensions of sustainable development. The concept of ESD was born from the need for education to address the growing and changing environmental challenges facing the planet. To do this, education must change to provide the knowledge , skills, values and attitudes that empower learners to contribute to sustainable development.
At the same time, education must be strengthened in all agendas, programmes, and activities that promote sustainable development. Sustainable development must be integrated into education and education must be integrated into sustainable development. ESD promotes the integration of these critical sustainability issues in local and global contexts into the curriculum to prepare learners to understand and respond to the changing world.
ESD aims to produce learning outcomes that include core competencies such as critical and systematic thinking , collaborative decision-making , and taking responsibility for the present and future generations. Since traditional single-directional delivery of knowledge is not sufficient to inspire learners to take action as responsible citizens , ESD entails rethinking the learning environment , physical and virtual.
The learning environment itself must adapt and apply a whole-institution approach to embed the philosophy of sustainable development. Building the capacity of educators and policy support at international, regional, national and local levels helps drive changes in learning institutions. Empowered youth and local communities interacting with education institutions become key actors in advancing sustainable development.
The launch of the United Nations Decade of Education for Sustainable Development — started a global movement to reorient education to address the challenges of sustainable development. UNESCO has a major role, along with its partners, in bringing about key achievements to ensure the principles of ESD are promoted through formal, non-formal and informal education.
International recognition of ESD as the key enabler for sustainable development is growing steadily. The SDGs recognize that all countries must stimulate action in the following key areas — people, planet , prosperity, peace and partnership — to tackle the global challenges that are crucial for the survival of humanity. Some of these SDGs include ensuring affordable and clean energy , providing clean water and sanitation , and partnership for these goals.
ESD is explicitly mentioned in Target 4. Sustainable development can be thought of in terms of three spheres, dimensions, domains or pillars, i. The three-sphere framework was initially proposed by the economist Rene Passet in The ecological stability of human settlements is part of the relationship between humans and their natural, social and built environments.
Fundamental human needs such as the availability and quality of air, water, food and shelter are also the ecological foundations for sustainable development;  addressing public health risk through investments in ecosystem services can be a powerful and transformative force for sustainable development which, in this sense, extends to all species.
Environmental sustainability concerns the natural environment and how it endures and remains diverse and productive. Since natural resources are derived from the environment, the state of air, water, and the climate is of particular concern. The IPCC Fifth Assessment Report outlines current knowledge about scientific, technical and socio-economic information concerning climate change , and lists options for adaptation and mitigation.
This, for example, entails using water sustainably, using renewable energy, and sustainable material supplies e. An unsustainable situation occurs when natural capital the total of nature's resources is used up faster than it can be replenished.
Sustainability requires that human activity only uses nature's resources at a rate at which they can be replenished naturally.
Inherently the concept of sustainable development is intertwined with the concept of carrying capacity. Theoretically, the long-term result of environmental degradation is the inability to sustain human life.
Such degradation on a global scale should imply an increase in human death rate until population falls to what the degraded environment can support.
If the degradation continues beyond a certain tipping point or critical threshold it would lead to eventual extinction for humanity. Integral elements for a sustainable development are research and innovation activities. A telling example is the European environmental research and innovation policy , which aims at defining and implementing a transformative agenda to greening the economy and the society as a whole so to achieve a truly sustainable development.
Research and innovation in Europe is financially supported by the programme Horizon , which is also open to participation worldwide. Pollution of the public resources is not a different action, it is just a reverse tragedy of the commons , in that instead of taking something out, something is put into the commons. When the costs of polluting the commons are not calculated into the cost of the items consumed, then it becomes only natural to pollute, as the cost of pollution is external to the cost of the goods produced and the cost of cleaning the waste before it is discharged exceeds the cost of releasing the waste directly into the commons.
So, the only way to solve this problem is by protecting the ecology of the commons by making it, through taxes or fines, more costly to release the waste directly into the commons than would be the cost of cleaning the waste before discharge.
Sustainable agriculture consists of environment friendly methods of farming that allow the production of crops or livestock without damage to human or natural systems. It involves preventing adverse effects to soil, water, biodiversity, surrounding or downstream resources—as well as to those working or living on the farm or in neighbouring areas.
The concept of sustainable agriculture extends intergenerationally, passing on a conserved or improved natural resource, biotic, and economic base rather than one which has been depleted or polluted. It has been suggested that because of rural poverty and overexploitation , environmental resources should be treated as important economic assets, called natural capital. This model of unlimited personal and GDP growth may be over.
Sustainable development may involve improvements in the quality of life for many but may necessitate a decrease in resource consumption. Issues of intergenerational equity , irreversibility of environmental change, uncertainty of long-term outcomes, and sustainable development guide ecological economic analysis and valuation.
As early as the s, the concept of sustainability was used to describe an economy "in equilibrium with basic ecological support systems". A World Bank study from concluded that based on the theory of genuine savings, policymakers have many possible interventions to increase sustainability, in macroeconomics or purely environmental.
The study, Interpreting Sustainability in Economic Terms , found three pillars of sustainable development, interlinkage, intergenerational equity , and dynamic efficiency.
But Gilbert Rist points out that the World Bank has twisted the notion of sustainable development to prove that economic development need not be deterred in the interest of preserving the ecosystem. He writes: "From this angle, 'sustainable development' looks like a cover-up operation.
The thing that is meant to be sustained is really 'development', not the tolerance capacity of the ecosystem or of human societies. The World Bank, a leading producer of environmental knowledge, continues to advocate the win-win prospects for economic growth and ecological stability even as its economists express their doubts. When authors of WDR '92 [the highly influential World Development Report that featured the environment] were drafting the report, they called me asking for examples of "win-win" strategies in my work.
What could I say? None exists in that pure form; there are trade-offs, not "win-wins. I wanted to contribute because WDR s are important in the Bank, [because] task managers read [them] to find philosophical justification for their latest round of projects. But they did not want to hear about how things really are, or what I find in my work A meta review in looked at environmental and economic valuations and found a lack of "sustainability policies". They enable the effective practice of personal responsibility and the development of mechanisms to protect the environment.
The State can in this context "create conditions which encourage the people to save the environment". Misum, Mistra Center for Sustainable Markets, based at Stockholm School of Economics , aims to provide policy research and advice to Swedish and international actors on Sustainable Markets.
Misum is a cross-disciplinary and multi-stakeholder knowledge centre dedicated to sustainability and sustainable markets and contains three research platforms: Sustainability in Financial Markets Mistra Financial Systems , Sustainability in Production and Consumption and Sustainable Socio-Economic Development.
The total environment includes not just the biosphere of earth, air, and water, but also human interactions with these things, with nature, and what humans have created as their surroundings. As countries around the world continue to advance economically, they put a strain on the ability of the natural environment to absorb the high level of pollutants that are created as a part of this economic growth.
Therefore, solutions need to be found so that the economies of the world can continue to grow, but not at the expense of the public good.
The Sustainable Development Goals in 2019: People, Planet, Prosperity in Focus
Show all documents It makes higher education more affordable and accessible by reducing cost per student. It also increases enrolments, enhancing students' mobility and enhancing flexibility of programs. It also creates competition among higher educational institutions to improve quality by application of IT tools and techniques. IT integration into commerce education is the driving force behind growth to be inclusive and capable of being sustained in the long run.
GDP was not designed to assess welfare or the well being of citizens. It was designed to measure production capacity and economic growth. A number of countries, including India, are paving the way. Economic growth has raised living standards around the world. As a result, policies that result in economic growth are seen to be beneficial for society. We know now that the story is not so simple — that focusing exclusively on GDP and economic gain to measure development ignores the negative effects of economic growth on society, such as climate change and income inequality. A number of countries are starting to do this.
" Inclusive Growth and Sustainability – Role of Commerce Education in India " · This paper · A short summary of this paper · 36 Full PDFs related to this paper.
UN Sustainable Development Goals
The SDGs are a once-in-a-lifetime opportunity to create a better world. Our scale and reach mean we can both contribute to, and benefit from them. Business must serve society.
Economic growth occurs when real output increases over time. Real output is measured by Gross Domestic Product GDP at constant prices , so that the effect of price rises on the value of national output is removed. Sustainable economic growth means a rate of growth which can be maintained without creating other significant economic problems, especially for future generations. There is clearly a trade-off between rapid economic growth today, and growth in the future.
Sustainable development is the organizing principle for meeting human development goals while simultaneously sustaining the ability of natural systems to provide the natural resources and ecosystem services on which the economy and society depend. The desired result is a state of society where living conditions and resources are used to continue to meet human needs without undermining the integrity and stability of the natural system. Sustainable development can be defined as development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Sustainability goals, such as the current UN-level Sustainable Development Goals , address the global challenges, including poverty, inequality, climate change, environmental degradation, peace and justice. While the modern concept of sustainable development is derived mostly from the Brundtland Report , it is also rooted in earlier ideas about sustainable forest management and twentieth-century environmental concerns.
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