Sustainable Development in the 21st Century
ESSD Network - Sustainable Development in the 21st Century: "Sustainable Development in the 21st Century
Development in the 21st Century is a multi-dimensional concept which combines five perspectives, all of which are key to making development sustainable.
Financial capital: sound macroeconomic planning and prudent fiscal management.
Physical capital: infrastructure assets such as buildings, machines, roads, power plants, and ports.
Human capital: good health and education to maintain labor markets.
Social capital: people's skills and abilities as well as the institutions, relationships, and norms that shape the quality and quantity of a society's social teractions.
Natural capital: natural resources, both commercial and non-commercial, and ecological services which provide the requirements for life, including food, water, energy, fibers, waste assimilation, climate stabilization, and other life-support services.
Action plans for sustainable development, such as Agenda 21 or the Millennium Development Goals (MDG's) adopted at the UN Millennium Summit 2000, can only be achieved if all involved stakeholders make an effort to find effective long-term solutions together and then commit themselves to implement them in partnerships. It is through collective action that hope can be brought about for billions of people around the globe."
Development in the 21st Century is a multi-dimensional concept which combines five perspectives, all of which are key to making development sustainable.
Financial capital: sound macroeconomic planning and prudent fiscal management.
Physical capital: infrastructure assets such as buildings, machines, roads, power plants, and ports.
Human capital: good health and education to maintain labor markets.
Social capital: people's skills and abilities as well as the institutions, relationships, and norms that shape the quality and quantity of a society's social teractions.
Natural capital: natural resources, both commercial and non-commercial, and ecological services which provide the requirements for life, including food, water, energy, fibers, waste assimilation, climate stabilization, and other life-support services.
Action plans for sustainable development, such as Agenda 21 or the Millennium Development Goals (MDG's) adopted at the UN Millennium Summit 2000, can only be achieved if all involved stakeholders make an effort to find effective long-term solutions together and then commit themselves to implement them in partnerships. It is through collective action that hope can be brought about for billions of people around the globe."
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