Asia and the Pacific is a dynamic region. Regional megatrends, such as urbanization, economic and trade integration and rising incomes and changing consumption patterns, are transforming its societies and economies while multiplying the environmental challenges.
Integration of economic, social and environmental dimensions is key to achieving sustainable development. There is, in general, a widespread acceptance of why the integration of the three dimensions is necessary; however, questions arise as to âhowâ this integration is to be achieved. This publication has been produced to assist policymakers in addressing the question of âhowâ to achieve integration.
In 2015, governments agreed to a new set of universally applicable development goals — the 2030 Agenda for Sustainable Development — that expands the scope of internationally agreed development priorities to incorporate the rich tapestry of interconnected social, economic and environmental concerns. To respond to this imperative, development trajectories must be both inclusive and green.
Cover of Part II of the Economic and Social Survey of Asia and the Pacific 2015; the CS71 Theme Study - Balancing the Three Dimensions of Sustainable Development
Part II of the 2015 edition of the Economic and Social Survey of Asia and the Pacific (theme study for the 71st Commission Session) examines the integration of the three dimensions of sustainable development as a concept and as a practical implementation principle.
Water is vital to human lives, as well as fundamental to all development issues. Asia and the Pacific are facing serious challenges both in terms of the quantity and quality of water in sustaining its long term economic growth prospects and achieving sustainable development.
Conventional growth strategies have reduced poverty. People now have more access to basic services and more opportunities for mobility and participation. But there are still persistent unmet needs, widening inequalities, and new development challenges such as climate change, intensifying natural disaster and resource depletion. There is a search for growth strategies that better fit a changing economic, social and environmental reality.
Several countries in Asia and the Pacific have launched high-level policy initiatives and action plans to promote green growth, and the green economy. As a consequence the demand for indicators of economic growth that supports, rather than detracts from, sustainable development, is growing. Green growth indicator frameworks developed by international organisations and partnerships of organisations share a focus on a few key dimensions.
The Low Carbon Green Growth Roadmap for Asia and the Pacific explores the opportunities that a low carbon green growth path offers to the region. It articulates five tracks on which to drive the economic system change necessary to pursue low carbon green growth as a new economic development path.
While regional countries are driving the global "green growth" agenda, policymakers are facing a new economic reality and heightened uncertainty. The challenge of eco-efficient economic growth and inclusive resource use is critical and growing in several countries. Fundamental, rather than incremental changes are needed - Governments must therefore take the lead in re-orienting both the "visible" and the "invisible" economic infrastructure. At the same time the implications of heightened uncertainty and risk for policymaking requires more attention.