Sustained and inclusive economic growth is necessary for achieving sustainable development. The global annual growth rate of real GDP per capita increased by 1.3 per cent in 2014, a significant slowdown compared to 2010 (2.8 per cent growth) and 2000 (3.0 per cent growth). Developing regions grew far faster than developed regions, with average annual growth rates in 2014 of 3.1 per cent and 1.4 per cent, respectively.
Information about targets and progress can be found on the official SDG website. Learn more about SDG8 here.
Learn more about how your company can advance each of the SDGs here.
The phrase “sustainable development” was made popular in the 1987 report, Our Common Future, of the United Nations Commission on Environment and Development.
The Commission – chaired by Norwegian Prime Minister Gro Harlem Brundtland – provided a definition of sustainable development that was used for the next 25 years:
“Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”
Over time, the definition has evolved to better link the three dimensions of sustainable development: economic development, social inclusion, and environmental sustainability.
The SDGs provide a global framework for cooperation to address these three dimensions within an ethical framework.