
Sustainable growth
Sustainable growth refers to economic expansion that meets the needs of the present without compromising the ability of future generations to meet their own needs. This type of growth is necessary for long-term viability of economies, societies, and the planet. The world is facing a multitude of interconnected environmental and social challenges that threaten economic stability and prosperity, including climate change, deforestation, water scarcity, and income inequality. In order to overcome these challenges, it is essential that growth be driven by sustainable principles and practices.