Social and environmental costs need to be integrated into measurement of economic activity, a new UN report said on Monday as it urged world leaders to focus on the long-term resilience of the planet and its people.
The report from the high-level panel on global sustainability calls for a set of sustainable development indicators that go beyond the traditional approach of gross domestic product. It recommends that governments develop and apply a set of sustainable development goals that can mobilise global action.
At the report’s launch during the AU summit, Ban Ki-moon, the UN secretary-general, made it plain that sustainable development is a top priority for his second term of office.
“We need to chart a new, more sustainable course for the future, one that strengthens equality and economic growth while protecting our planet,” he said.
Ban established a 22-member panel in August 2010, co-chaired by Finland’s president Tarja Halonen and Jacob Zuma, the president of South Africa. The group was tasked with producing a blueprint for sustainable development and low-carbon prosperity.
The panel’s final report, Resilient People, Resilient Planet: a Future Worth Choosing, contains 56 recommendations to put sustainable development into practice and to mainstream it into economic policy as quickly as possible.
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