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.
As a general rule, one to three or four goals will normally be appropriate for each solution. Select the SDG that applies to a primary effect of your solution, not a secondary effect.
The SDGs are not always easy to understand. The SDG Compass is an excellent guide for businesses.
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.
Carved by glaciers during the ice age, the Lysefjord is one of Europe’s most spectacular sites, as well as a nature lover’s paradise. It is one of Norway’s certified sustainable tourist destinations.
During daily operations, producers may have extra capacity or experience sudden events providing opportunities for intraday trading. Powel software helps producers to take advantage of opportunities and address expected or unexpected changes in own production.
Power producers generate additional income from the weekly ancillary services markets. Powel Smart Energy software integrates and optimises bidding and production planning for the week ahead and provides valuable decision support.