Sustainable Development Flashcards
what are the 4 dimensions of sustainable development
give 2 example for each
1) social (level of education, gender gap)
2) economic (technology and industry dev., knowledge transfer)
3) environmental (CO2 emissions, water usage and quality)
4) governance (anti corruption, transparency)
how many SDG did the United Nation define? what is the main goal?
the agenda includes 17 SDG.
Main goal is long-term stability of the economy, society and environment
Name 3-4 goals
1) decent work and economic grwoth
2) Industry, Innovation and Infrastructure (build resilient infrastructure and foster innovation)
3) (global) Partnerships for the goals
4) reduced inequalities (through spillover effects)
Name the 5 Agenda Principles
People, Planet, Prosperty, Peace, Partnership
name 2 negative and 2 positive impacts of FDI in terms of sustainbility
negative: natural resources exploitation and pollution from increased economic activity
positive: infrastructure creation, industry development
what is the difference between sustainable FDI and regular FDI ?
Sustainable FDI focuses on creating economic value AS WELL as social and environmental. considers the operation’s impact
name 3 characteristics for the economic dimension
technology transfer, infrastructure, employment
name 3 characteristics for the environmental dimension
resource management, pollution controls, waste reduction, (biodiversity protection)
name 3 characteristics for the social dimension
labor right, gender, workplace safety
name 3 characteristics for the governance dimension
anti-corruption, consumer protection, transparency, (supply chain standards)
what is the difference between: FDI, sustainable FDI and green FDI?
FDI includes projects across all sectors, sustainable FDI projects contributes to any of the 17 SDG and Green FDI projects contribute to climate-aligned growth
Study findings abt FDI’s influence regarding SDG
FDI increases the probability of better trends in the goals “no poverty; affordable and clean energy; peace, justice and strong institutions” negative trend for “Climate action”
Pollution Haven Hypothesis
says the the investment of high-income economies in countries with weak environmental policies may be prejudicial as it transfers polluting technologies
where is FDI most likely to expect?
FDI is more likely to flow to countries that score higher on the SDG index & have more data available
vicious circle bc more FDI -> higher SDG index -> promotes more FDI
