Technology and innovation for more sustainable development pathways

Innovation is a key driver of economic growth in a world economy based on competition and market forces, and science and technology create the basis for regular innovations. Economic growth often increases the overall welfare of society, but it may come at extremely and increasingly high costs. Climate change, erosion of fertile soils, depletion of fish stocks and eutrophication and contamination of water bodies erode the livelihood of billions of people, most of them living in developing countries. Thus, a transition towards more sustainable development patterns is imperative. Such a path may be seen as increasing incomes and growing needs satisfaction (access to clean water and energy, SDG6 and 7), especially for the poorer strata of societies, while bringing additional environmental pressures (close) to zero.

Sustainable Development Goals:

Affordable and Clean Energy

Industry, Innovation and Infrastructure

Climate Action