in what sense sustainable economic development is regarded as a challenge
Answers
Answer:
Explanation:
The Main Challenges of Sustainable Development Today
Having highlighted the importance of sustainable development, it is also important to understand that it does need a lot of concentrated effort and, like many things in life, it does have many challenges ahead of itself. It is also important to note that sustainable development is equally valid in developing and developed countries, despite them dealing with polarly opposite sides of the spectrum. Developed countries may be developed but that doesn’t necessarily imply that they are sustainable and for these countries, the main goal is to rid their society of issues such as social inequalities, waste management, and environmental responsibility.
Lack of financial resources to carry out and plan sustainable development
Sustainable development is often not possible in war-torn countries as there are other priorities on hand.
Natural occurrences, such as earthquakes and tsunamis, can pose a threat to sustainability as they can shift the flow of water and destroy certain elements of infrastructure. (In the village of Ramche in Nepal, the only source of water was shaken off course by the earthquake of 2015 and as a result of the difficulty of access to the village, it has been undergoing a water crisis. Expenditure on bottled water in the village has in turn grown and in many other areas in Nepal undergoing a water crisis, people resort to drinking and cooking with E-Coli infected water as an act of desperation. Meanwhile tsunamis in Southeast and East Asia may pose a threat to the already existing sustainable infrastructure, such as the destruction of means of public transport in Japan.)
The governmental conflict between immediate profit and investment towards sustainable technologies. (In Poland, the government has even increased financing towards the mining sector instead of moving full steam ahead towards adopting sustainable energy sources, with coal amounting towards 80% of total energy generation in Poland. These measures are thought to have been implemented as a move to win miners’ votes in the south of Poland.)
Corruption. (Funding to developing countries is usually provided through foreign grants, in the case of Nepal foreign grants constitute the majority coming from the UK. Nevertheless, due to bureaucracy and corruption in Nepal, in order to pass certain development projects a stipend needs to be paid to ministers as well as service fees to the Nepal government which significantly slow down NGO processes.)
Lack of efforts at a municipal level