Sitemap

Comment

Do Acceptable SDG Goal Trade-offs Exist?

Sometimes, when lucrative opportunities for economic growth arise, both governments and businesses look for trade-offs among the SDG targets that can be made at the expense of citizen wellbeing, thus pushing sustainable resource use, along with other commitments stemming from Agenda 2030, to the periphery of their attention

Sustainability is most often defined as meeting the needs of the present without compromising the ability of future generations to meet their own needs. The concept has three main pillars: economic, environmental and social, which were transcribed into UN Agenda 2030 and its 17 Sustainable Development Goals (SDGs), and adopted in 2015.

The SDGs address economic and social goals, as well as ecological sustainability challenges. That is to say, both globally and at the national level, countries that embrace the SDGs subscribe to an approach that places the same priority on efforts like improving living conditions for those in need and preserving the ecological integrity of the planet for future generations.

Yet, this task is made tougher by the fact that opportunities for economic growth may sometimes jeopardise sustainable resource use. Thus, both governments and businesses deliberate over whether to seek trade-offs among the SDG targets that come at the expense of citizen wellbeing.

The recent 26th UN climate change conference, officially known as the 26th Conference of the Parties (or COP 26), which took place in Glasgow, clearly suggested that Climate Change (SDG 13) might play a pivotal role in fulfilling all of the SDGs, if not the majority of them. In other words, it seems that achieving the 2030 Agenda will be impossible without achieving serious progress in addressing climate change.

Mining is seen as one of the industries that will be pushed by regulators to adhere to “net zero”, as the major guiding principle for business that was reinforced at the recent COP26 Conference in Glasgow. This is certainly important information for Serbia, where mining is increasingly being considered as a vehicle for accelerated growth

As a result, all countries are expected to revise their Nationally Determined Contribution (NDC) to reflect this ambition and come up with a detailed plan of how they will reduce the level of harmful greenhouse gases that they emit. This is certainly relevant for Serbia, which hasn’t exerted sufficient efforts to contribute to the overall goal of restricting global warming to 1.5° Celsius above pre-industrial levels.

One of the major steps in that direction is moving towards a green economy and clean renewable energy. These are today key terms that can be heard across domestic state administration, businesses and among ordinary citizens and which demand that commitments made public are turned into an applied reality.

It goes without saying that companies play an important role in that endeavour. Some of those that already embraced the SDGs as part of their market strategy, in order to distinguish themselves among others as responsible citizens, are now turning to “net zero” as the major guiding principle of their businesses.

In that respect, it is important to know that metals mining is considered one of the world’s dirtiest industries, responsible for at least 10% of anthropogenic greenhouse gas emissions. One of the outcomes of COP26 is expected to be the applying of further pressure on mining companies to become more responsible through increased regulation aimed at reducing emissions. Many see climate change litigation and the rise in climate activism, climate disclosures and sustainable financing as the key factors that will shape public attitudes towards economic opportunities that stem from mining.

Related Articles

UN: Serbia Gets The Highest eGovernment Development Index

In this year's global report of the United Nations on the development of eGovernment, Serbia is included in the group of countries with the...

Vučić At The UN: What Is The Difference Between The Territorial Integrity Of Ukraine And Serbia?

What is the difference between the territorial integrity of Ukraine and the territorial integrity of Serbia, which was violated in 1999, Serbian President Aleksandar...

Hungary’s Csaba Korosi Sworn In As President of UN 77th General Assembly

Hungarian diplomat Csaba Korosi was sworn in as the President of the 77th UN General Assembly, which will open in New York on Tuesday. Kőrösi...

UN: Ukraine War Stoked Global Food Crisis That Could Last Years

The United Nations has warned that the war in Ukraine has helped to stoke a global food crisis that could last years if it goes unchecked,...

UN Calls For Renewable Energy Push Following Damning Climate Report

UN chief Antonio Guterres has called for more investment in renewable energy and an end to the millions of dollars in subsidies for fossil...

US And Global Banks Unveil Multi-billion Dollar Plan To Address Worldwide Food Crisis

The U.S., several global development banks and other groups unveiled a multi-billion dollar plan Wednesday meant to address a worldwide food security crisis exacerbated...

Brussels: Leaders Of The Western Balkans Reaffirm Commitment To EU Path

EU Foreign Minister Josep Borrell reiterated at a working dinner he organized in Brussels for Western Balkan leaders that it is important to harmonize...

Guterres Asks To Visit Moscow And Kyiv

The Office of UN Secretary General Antonio Guterres delivered separate letters to the permanent missions of Russia and Ukraine to the UN, with the...

More...

Comment

Learning From Champions

As this special edition shows, Nordic countries have been exerting considerable efforts to assist Serbia in its green transition, by sharing Nordic experiences in...

Comment By Zoran Panović

Actively Waiting

The third government of Ana Brnabić isn’t irritating, in terms of personnel, for either the West or Russia. It does still have a ministry...

Duško Lopandić, Diplomat And Vice President Of The European Movement In Serbia

Shooting Stars

Although “The centre is still holding on” in Europe, we are increasingly seeing the appearance on the political scene of instant right-wing or far-right...

Milan Blagojević, Researcher At The Institute Of Social Sciences

The Right Has De-radicalised And Moved Closer To The Political Mainstream

The rise of the right could certainly complicate decision-making processes at the EU level, and we can assume that the conservative Hungarian-Polish bloc will...

News

German Ambassador Konrad Visits The City Of Pirot

The Ambassador of the SR of Germany in Serbia, Anke Konrad, visited the city of Pirot, where, in addition...

Uzice To Become The Cultural Capital Of Serbia In 2024

The working group for the preparation and implementation of the "Cultural Capital of Serbia" program has chosen the city...

Kosovo, Serbia Reach Deal To End Dangerous Dispute Over Car Plates -EU

Kosovo and Serbia reached a deal on Wednesday to end a nearly two-year dispute over car licence plates in...

Foreign Investors Council Presented The White Book 2022

In the year when the Foreign Investors Council (FIC) marks the 20th anniversary of its establishment and operation, the...

Address By Josep Borell After The Meeting With Vučić And Kurti

EU High Representative for Foreign and Security Policy Josep Borell addressed the public after a meeting with Serbian President...

German Ambassador Konrad Visits The City Of Pirot

The Ambassador of the SR of Germany in Serbia, Anke Konrad, visited the city of Pirot, where, in addition...

Uzice To Become The Cultural Capital Of Serbia In 2024

The working group for the preparation and implementation of the "Cultural Capital of Serbia" program has chosen the city...

Kosovo, Serbia Reach Deal To End Dangerous Dispute Over Car Plates -EU

Kosovo and Serbia reached a deal on Wednesday to end a nearly two-year dispute over car licence plates in...

Foreign Investors Council Presented The White Book 2022

In the year when the Foreign Investors Council (FIC) marks the 20th anniversary of its establishment and operation, the...

Address By Josep Borell After The Meeting With Vučić And Kurti

EU High Representative for Foreign and Security Policy Josep Borell addressed the public after a meeting with Serbian President...

German Ambassador Konrad Visits The City Of Pirot

The Ambassador of the SR of Germany in Serbia, Anke Konrad, visited the city of Pirot, where, in addition...

Uzice To Become The Cultural Capital Of Serbia In 2024

The working group for the preparation and implementation of the "Cultural Capital of Serbia" program has chosen the city...

Kosovo, Serbia Reach Deal To End Dangerous Dispute Over Car Plates -EU

Kosovo and Serbia reached a deal on Wednesday to end a nearly two-year dispute over car licence plates in...

Foreign Investors Council Presented The White Book 2022

In the year when the Foreign Investors Council (FIC) marks the 20th anniversary of its establishment and operation, the...

Address By Josep Borell After The Meeting With Vučić And Kurti

EU High Representative for Foreign and Security Policy Josep Borell addressed the public after a meeting with Serbian President...