Definition of Sustainable Development
The definition of Sustainable Development is: „Development that meets the need of the present without compromising the ability of future generations to meet their own needs.“ The concept was first introduced in the so-called Brundtland Report, entitled „Our Common Future," and published by the United Nations in 1987.
Sustainable development is a concept that refers to development where emphasis is shifted from short term economic gains to a more long term approach where there is balance between economic, social, and environmental considerations. Sustainable development requires an integrated approach to decision-making linking the economy, the environment, and society rather than a piecemeal approach. Development of this type is a complex process of interaction between public authorities, civil society, and the private sector. Sustainability has similar meaning as sustainable development, but is used when the focus is more narrow, such as sustainability within companies or the sustainability of specific projects.
Sustainable Development is not a magical word that contains a simple solution to all of the problems of man kind. It is only a definition of ideology that contains practical solutions put forth by the United Nations in an effort to solve many critical challenges of the 21st century.