Future Trends on Sustainable development

The 2030 Agenda, which is an agreement on a variety of plans on sustainability such as ending poverty, combat inequality and protecting the environment has been implemented for 2 years. It includes 17 Sustainable goals and committed to promoted sustainable development on the triple bottom line in all countries (Dugaroba and Gulasan, 2017). Six major trends have been identifying in the report as the potential sustainable development goals and would lead to the pathway of sustainability. These are poverty and inequality, demography, environmental degradation and climate change, shocks and crises, financing for development and technological innovations. I would like to discuss a few of the topic today (Dugaroba and Gulasan, 2017).

Poverty and Inequality is one of the main focus. This includes the reduction of poverty, access to clean water and sanitation facilities. It also includes the income inequality between countries which has been improved in the past years due to the rapid growth of large developing countries (Dugaroba and Gulasan, 2017). It has shown that 1.6 billion people are under multidimensional poverty in 2016. Economic growth is an essential in reducing poverty. However, it depends on related to the environment and also the quality of growth, therefore, a balanced growth between TBL is required.

Financing for development is another goal for sustainable. All sustainable development goals would require a substantial amount of funding (Dugaroba and Gulasan, 2017). There is no shortage of capital in the global economy, however, the challenge remains on maximising the effect of available resources. There is also a need for additional sources of finance is needed to invest into long- term sustainable development (Dugaroba and Gulasan, 2017). The report encourages all sources of finance to become mobilised and achieving sustainability in finance development which would benefit in achieving other sustainable goals.

I believe that these 6 areas should be the major focus on sustainable development in the short term. Most of the issues mention need to be managed (not necessary resolve) in a short term in order to reduce the impacts. I believe the issues or damages would accumulate and it would only be harder or becoming inevitable negative results if actions cannot be taken from as soon as possible. The report has provided a series of ways to improve the sustainability. For example, coherences in policies, different level of politics and collective action. I believed that as the number of people that concern increase, the faster a sustainability can be achieved in different fields.

Dugaroba, E and Gulasan, N. (2017, April 14). Six Megatrends that could alter the course of sustainable development. The Guardian. Available at: https://www.theguardian.com/global-development-professionals-network/2017/apr/14/six-megatrends-that-could-alter-the-course-of-sustainable-development (Accessed 28 May 2017)