Sustainable development

Definition

Sustainable development is a holistic approach to growth that seeks to balance economic advancement, social equity, and environmental protection. It emphasizes meeting the needs of the present without compromising the ability of future generations to meet their own needs. This concept plays a crucial role in understanding the effects of globalization on economies and societies, as well as addressing environmental challenges through movements aimed at preserving the planet.

5 Must Know Facts For Your Next Test

1. Sustainable development is often summarized by the three pillars: economic growth, social inclusion, and environmental protection, commonly referred to as 'people, planet, profit'.
2. In New Zealand, sustainable development strategies have been integrated into national policies to address issues like climate change, biodiversity loss, and resource management.
3. The concept encourages practices that not only foster economic growth but also ensure that natural resources are used responsibly to preserve them for future generations.
4. Globalization has both positive and negative impacts on sustainable development; it can lead to economic growth but may also result in environmental degradation if not managed properly.
5. The green movement in New Zealand has advocated for sustainable practices that align with indigenous Māori values, emphasizing a deep connection to the land and community well-being.

Review Questions

• How does sustainable development influence economic policies in New Zealand in the context of globalization?
  • Sustainable development significantly shapes economic policies in New Zealand by promoting a framework that integrates environmental protection with economic growth. As globalization expands trade and investment opportunities, New Zealand aims to leverage these benefits while ensuring that natural resources are managed sustainably. This balance is vital for maintaining the country's unique biodiversity and meeting international commitments related to climate change and sustainable practices.
• Discuss the role of the green movement in advancing sustainable development in New Zealand.
  • The green movement in New Zealand plays a critical role in advancing sustainable development by advocating for policies and practices that prioritize environmental sustainability. It raises awareness about ecological issues and mobilizes community efforts towards conservation and responsible resource use. Through grassroots activism, the movement has influenced government decisions and encouraged businesses to adopt sustainable practices, ultimately leading to a more environmentally conscious society.
• Evaluate the challenges and opportunities presented by globalization in achieving sustainable development goals in New Zealand.
  • Globalization presents both challenges and opportunities for achieving sustainable development goals in New Zealand. On one hand, it can enhance economic growth by providing access to global markets and innovative technologies. However, it can also lead to environmental degradation, increased resource consumption, and social inequality if not carefully managed. The challenge lies in creating policies that harness globalization's benefits while safeguarding natural resources and promoting social equity, thereby ensuring a sustainable future for all New Zealanders.

Related terms

Ecological Footprint: A measure of the environmental impact of an individual or community, calculated based on the amount of land and resources required to sustain their lifestyle.

Green Economy: An economic system aimed at reducing environmental risks and ecological scarcities, while promoting sustainable development without degrading the environment.

Social Justice: The concept of fair and just relations between individuals and society, which emphasizes equal rights and opportunities in access to resources and benefits.