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These free ecosystem services are not given a market value under most current economic systems, and so forest conservation has little appeal when compared with the economic benefits of logging and clearance which, through soil degradation and organic decomposition returns carbon dioxide to the atmosphere. [19]
The University of Cambridge defines sustainable investments as it involves constructing a portfolio by selecting assets deemed to be sustainable or capable of enduring over the long term. It can also be seen as a resolute approach that excludes assets perceived as detrimental to long-term environmental and social sustainability.
The Rio Conference, which adopted the Declaration, took place from 3 to 14 June 1992. Subsequently, the international community has met twice to assess the progress made in implementing the principles of the document; first in New York City in 1997 during a General Assembly Session of the UN, and then in Johannesburg in 2002.
Sustainability is regarded as a "normative concept".[5] [22] [23] [2] This means it is based on what people value or find desirable: "The quest for sustainability involves connecting what is known through scientific study to applications in pursuit of what people want for the future."
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The 2030 Agenda for Sustainable Development, adopted by all United Nations (UN) members in 2015, created 17 world Sustainable Development Goals (SDGs).The aim of these global goals is "peace and prosperity for people and the planet" [1] [2] – while tackling climate change and working to preserve oceans and forests.
AA’s meetings, with their folding chairs and donated coffee, were intended as a judgment-free space for addicts to talk about their problems. Treatment facilities were designed for discipline. Something else has been lost with the institutionalization of the 12 steps over the years: Bill Wilson’s openness to medical intervention.
Sustainable development overlaps with the idea of sustainability which is a normative concept. [5] UNESCO formulated a distinction between the two concepts as follows: "Sustainability is often thought of as a long-term goal (i.e. a more sustainable world), while sustainable development refers to the many processes and pathways to achieve it." [6]