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p. 1036. Sustainable developmentlocked

  • Ian Goldin


The environment and development are intimately related yet this relationship has only recently come to the centre of development concerns. The 1987 Brundtland Report from the World Commission for the Environment and Development recognized that while economic growth has contributed to improved living standards and life expectancy, it has adversely affected the environment by depleting (or irreversibly damaging) the natural resource base, which in the longer term undermines future growth prospects and living standards. ‘Sustainable development’ considers the limits to growth and our planetary boundaries, concluding that given the scale and urgency of the need for new ideas, technologies, and finance to address the needs of sustainable development, much greater investment in environmental awareness and protection is required.

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