Opportunities and Threats of Sustainable Development Approach

Running Head: SUSTAINABLE DEVELOPMENT 0
October 25
2018

SUSTAINABLE DEVELOPMENT 1
Table of Contents
INTRODUCTION...........................................................................................................................2
MAIN ISSUES RELATED TO SUSTAINABLE DEVELOPMENT............................................3
URBAN DEVELOPMENT.........................................................................................................3
FRESHWATER MANAGEMENT.............................................................................................4
THREATS/FEARS......................................................................................................................4
MONETARY AND NON-MONETARY SIGNALS..................................................................5
GLOBALIZATION AND SUSTAINABLE DEVELOPMENT....................................................5
OPPORTUNITIES..........................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

SUSTAINABLE DEVELOPMENT 2
INTRODUCTION
In today’s competitive business world, the competition between enterprises is fierce, and
they are focused on making the most out of their resources. The resources are limited, and the
corporations have to implement a strategic approach to ensure that are able to meet their needs
while ensuring that the future generation also has enough resources to meet their needs as well.
The ethical implications on corporations have increased to ensure that they did not misuse their
resources. Thus, implementation of a sustainable development approach is ethical to ensure that
resources are consumed in appropriate manner to meet current and future needs. There are many
opportunities presented in favour of sustainable development worldwide including Canada.
Implementation of a sustainable approach is the duty of organizations along with individuals, and
they should take appropriate measures to ensure that they use resources in a sustainable manner
(Armitage, Berkes & Doubleday, 2010). This report will focus on evaluation why opportunities
presented by the sustainable development approach outweigh its threats. Various threats and
opportunities relating to sustainable development will be evaluated in this report to understand
their impact on individuals, organizations, and society.