Global Sustainable Development Models PDF

GE2406 THE VARIOUS MODELS OF GLOBAL SUSTAINABLE DEVELOPMENT Global sustainable development is guided by several key models and frameworks, each aiming to balance economic growth, environmental sustainability, and social equity. Here are some of the primary models. The 2030 Sustainable Devel...

GE2406 THE VARIOUS MODELS OF GLOBAL SUSTAINABLE DEVELOPMENT Global sustainable development is guided by several key models and frameworks, each aiming to balance economic growth, environmental sustainability, and social equity. Here are some of the primary models. The 2030 Sustainable Development Goals (SDGs) Framework This model was adopted by the United Nations in 2015. The 17 SDGs are a set of global goals to be achieved by 2030. They address a broad range of sustainability issues, including poverty, inequality, climate change, environmental degradation, peace, and justice. The goal is to provide a comprehensive framework for addressing global challenges and fostering sustainable development across all sectors. The Triple Bottom Line (Three Pillars) Model This model emphasizes three interconnected dimensions of sustainability. Economic sustainability (profit) Environmental sustainability Social sustainability (people) Ensures long-term economic (planet) Ensure social equity, inclusivity, growth without negatively Protect and conserve natural and access to basic needs such as impacting social or environmental resources, ecosystems, and healthcare, education, and systems. biodiversity. housing. The Doughnut Model of Economy This model, developed by economist Kate Raworth, visualizes sustainable development as a doughnut-shaped space. It balances social foundation with the environmental ceiling, with the goal of ensuring human development occurs within this "safe and just space," where the needs of people are met without overshooting ecological limits. The Ecological Economics Model This model integrates the economy as a subset of the environment. It emphasizes that economic growth should be limited by ecological constraints, recognizing that natural resources are finite. The goal is to shift the focus from unlimited economic growth to maintaining a steady-state economy, where resource use and waste production are kept within ecological limits. Natural Capitalism This model emphasizes the value of natural resources (natural capital) in economic systems. It advocates for sustainable business practices that focus on resource efficiency, renewable energy use, and closed-loop production processes (minimizing waste). It aims to align business practices with the principles of ecological sustainability and social responsibility. Circular Economy Model The circular economy seeks to minimize waste by reusing, repairing, refurbishing, and recycling materials and products. It contrasts with the traditional "take-make-dispose" linear economy. It aims to create a regenerative system where resources are kept in use for as long as possible, reducing environmental impact. 06 Handout 2 *Property of STI Page 1 of 2  GE2406 Brundtland Commission Model Rooted in the 1987 Brundtland Report, this model defines sustainable development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs." The goal is to promote intergenerational equity, where today's economic and social needs are met while preserving the environment for future generations. Capabilities Approach Developed by Indian economist and philosopher Amartya Sen, this model focuses on expanding people's capabilities and opportunities rather than just economic growth. It considers factors such as education, healthcare, political freedom, and social inclusion as key elements of sustainable development. It aims to enhance the quality of life by expanding individuals' abilities to live the lives they value, promoting both social and environmental sustainability. References Costanza, R. (2010). What is ecological economics?. Yale Insights. https://insights.som.yale.edu/insights/what- is-ecological-economics European Parliament (2023). Circular economy: definition, importance and benefits. https://www.europarl.europa.eu/topics/en/article/20151201STO05603/circular-economy- definition-importance-and-benefits Federal Office for Spatial Development ARE (1987). 1987: Brundtland Report. https://www.are.admin.ch/are/en/home/media/publications/sustainable-development/brundtland- report.html Raworth, K. (2017). What on Earth is the Doughnut?…. https://www.kateraworth.com/doughnut/ Robeyns, I. & Byskov, M.F. (2023). The Capability Approach. Stanford Encyclopedia of Philosophy. https://plato.stanford.edu/entries/capability-approach/ stlane (2022). Natural capitalism. Sustainable San Antonio. https://www.sustainablesanantonio.com/practices-technology/natural-capitalism/ United Nations. (2022). Transforming our World: The 2030 Agenda for Sustainable Development. https://www.fao.org/publications/home/fao-flagship-publications/the-state-of-food-security-and- nutrition-in-the-world/en University of Wisconsin Online Collaboratives (2022). Triple bottom line. https://uwex.wisconsin.edu/stories- news/triple-bottom-line/ 06 Handout 2 *Property of STI Page 2 of 2