ITS EDUCATION ASIA ARTICLE

Balancing economic growth with the SDGs

By Danny Harrington, MD ITS Education Asia

An interesting report from the UN Department of Economic and Social Affairs (DESA) - the World Economic Situation and Prospects (WESP) report - illustrates how a reduction in growth from the various impacts of covid, the Ukraine war etc have damaged gains made towards the SDGs.

It’s a dilemma because of course much of the damage that has required the SDGs to even exist has been caused by economic growth. So it’s not just a question of having growth but what the nature of that growth is. this emphasises the dire need to shift systems to truly sustainable economic activity, green economies and so on. It also highlights how the SDGs are designed to incorporate economic, social and environmental measures.

A hard balancing act.