Sustainable Development

In general, the concept of sustainable development represents an alternative model of social development, reflecting the environmental limits of economic growth. In 1987 the Brundtland Report (prepared by the World Commission on Environment and Development – WCED, convened by the United Nations in 1983 and chaired by G.H. Brundtland) “ Our Common Future“, alerted the world to the urgency of making progress toward economic development that could be sustained without depleting natural resources or harming the environment. The report provided a key statement on the concept of sustainable development, defining it as: „development that meets the needs of the present without compromising the ability of future generations to meet their own needs“. The three fundamental, inseparable and interdependent components to sustainable development were highlighted: environmental protection, economic growth and social equity.