Mumbai University F.Y.B.Com Foundation Course – II: Chapter-wise Notes & Questions

 

F.Y.B.COM. SEMESTER II

FOUNDATION COURSE – II

Chapter-wise Notes & Questions 


Q.10 Write a note on sustainable development.

ANS:

The most frequently used definition of Sustainable development is from the Brundtland Report “Sustainable development is the development that meets the needs of the present (people) without compromising the ability of future generation to meet their own needs”. In other words it is improving the quality of life of the present generation without excessive use or abuse of natural resources, so that they can be preserved for the next generation.

The term was first coined in 1972 at the United Nations Conference on Human Environment at Stockholm. The most important piece of writing on Sustainable development is in the publication by the World Commission on Environment and Development (WCED) in 1987 titled ‘Our Common Future”. In 1992 at the Earth summit at Rio-de-Janerio, 170 countries signed many important documents on sustainable development pledging preservation of environment.

Sustainable development is often referred as the marriage of economy and ecology. i.e. to attain economic development without compromising the ecological balance. It can be attained by rigorous policy change, taking action and altering practices. There are three aims of sustainable development:-

a) Economic- to attain balanced growth

b) Ecological- to preserve the ecosystem

c) Social-guarantying equal access to resources to all human communities

The objective laid down in the Brundtland report is as follows

·        Dividing growth

·        Changing the quality of growth

·        Meeting essential needs of all in terms of job, food, energy, water and sanitation.

·        Ensuring a sustainable population

·        Conserving and enhancing the resource base.

·        Reorienting technology, building technology that’s less exploitative

·        Managing environment and economics in decision-making.

 

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