SUSTAINABILITY
Sustainable development is basically an action plan which helps us to achieve sustainability in any activity which makes use of the resource. Sustainable development is a crucial concept that aims to meet the needs of the present without compromising the ability of future generations to meet their own needs. Sustainable development focuses on three main aspects: the environment, society, and the economy. Sustainability implies that resources are used at rates that do not exceed the capacity of ecosystems to replace them.
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IMPORTANCE
1. Focuses on Sustainable Farming Methods – Sustainable development is important as it takes care of the needs of future generations and ensures that the growing population does not burden Mother Earth.
2. Economic and financial barriers- Economists have noted that the dominant development model prioritises economic expansion over people’s rights and welfare, as well as environmental processes and restrictions.
3. Social barriers-The world’s largest societal hurdles to attaining sustainable development are population increase and unsustainable consumption and production practices among the wealthy.
4. Provides for Vital human needs – Sustainable development promotes the idea of saving for future generations and ensuring that resources are allocated to all.
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EXAMPLES
Green spaces: A perfect example of sustainable development manifested in the real world is green spaces.
Solar energy: Renewable energy is a hot topic globally (literally). Using the sun’s energy to power electric grids can reduce emissions from power plants and other pollutants.
Sustainable finance: Green spaces and solar energy might come to mind straight away when you imagine “sustainability,” but sustainable finance is another widely impactful sustainable development practice.
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