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Title: TRANSITION TO SUSTAINABLE ECONOMY - REVIEW OF POLICY CHOICES SUGGESTED BY INTERNATIONAL AGENCIES

TRANSITION TO SUSTAINABLE ECONOMY - REVIEW OF POLICY CHOICES SUGGESTED BY INTERNATIONAL AGENCIES

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Livia Bizikova
10.5593/sgem2023V/4.2/s19.45
10.5593/sgem2023v/4.2
1314-2704
978-619-7603-65-1
English
23
4.2
•    Prof. DSc. Oleksandr Trofymchuk, UKRAINE 
•    Prof. Dr. hab. oec. Baiba Rivza, LATVIA
Air Pollution and Climate Change
Globally, there have been significant efforts to develop new means of assessing progress beyond GDP in recent years. The recent publication by the UN Secretary-General of a policy brief (UN, 2023) is inviting member states to move beyond GDP by measuring what truly matters for sustainability and prosperity. The policy brief outlines the shortcomings of GDP as an indicator of summarizing everything too much and revealing too little to be able to adequately inform policy (UN, 2023; pp. 12). This paper will present a review of a number of recent documents (2019 – 2022) published by international agencies to explore their views on the role and types of growth to achieve their objectives such as reducing emission, improving resilience, protecting biodiversity and so on. The paper will discuss two approaches to growth and development. Most of the listed reviewed documents suggest approaches for governments to move towards sustainable, inclusive, and sustained economic growth. Second set of recommended approaches focuses on the importance of broadening the indicators used to describe economic growth, often referred to as “moving beyond GDP”. The paper will provide details on each of the suggested approaches and potential linkages and win-win solutions to improve pressing global challenges.
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Part of this research was supported by Environment and Climate Change Canada (ECCC), Canada. Many thanks to colleagues at IISD providing inputs to the parts of this paper – Lynn Wagner, Stefan Jungcurt, Hillary Rosentheter and Hajra Atiq.
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https://doi.org/10.5593/sgem2023V/4.2/s19.45
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Proceedings of 23rd International Multidisciplinary Scientific GeoConference SGEM 2023
23rd International Multidisciplinary Scientific GeoConference SGEM 2023, 28-30 November, 2023
Proceedings Paper
STEF92 Technology
International Multidisciplinary Scientific GeoConference-SGEM
SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci and Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts and Letters; Acad Fine Arts Zagreb Croatia; Croatian Acad Sci and Arts; Acad Sci Moldova; Montenegrin Acad Sci and Arts; Georgian Acad Sci; Acad Fine Arts and Design Bratislava; Russian Acad Arts; Turkish Acad Sci.
371-380
28-30 November, 2023
website
9471
climate chamge, resilience, loss and damage, GDP, data availability