The Impact of the Sustainable Development Agenda on the Transformation of National Policies of Commodity Producing Countries

In 2015, as a response to global challenges, the members of the United Nations (UN) designed the Sustainable Development Goals they intend to achieve by 2030. The transition to a green economy is at the core of the global sustainable development agenda. Such an approach includes the introd...

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Main Authors: Igor A. Yakovlev, Lyudmila S. Kabir, Svetlana I. Nikulina, Ivan D. Rakov
Format: Article
Language:English
Published: Russian Academy of Sciences, Institute of Economics of the Ural Branch 2020-09-01
Series:Экономика региона
Subjects:
Online Access:https://www.economyofregion.com/data/jarticles/3304.pdf
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author Igor A. Yakovlev
Lyudmila S. Kabir
Svetlana I. Nikulina
Ivan D. Rakov
author_facet Igor A. Yakovlev
Lyudmila S. Kabir
Svetlana I. Nikulina
Ivan D. Rakov
author_sort Igor A. Yakovlev
collection DOAJ
description In 2015, as a response to global challenges, the members of the United Nations (UN) designed the Sustainable Development Goals they intend to achieve by 2030. The transition to a green economy is at the core of the global sustainable development agenda. Such an approach includes the introduction of sustainable production and consumption patterns, increased use of renewable energy sources, and carbon footprint reduction in production chains. In particular, the countries that export fuel and energy resources are under pressure due to the plans to stop using hydrocarbons as a fuel source. Subsequently, a new technological paradigm will put additional pressure on the countries that export mineral resources. Thus, it is appropriate to examine how commodity producing countries integrate the principles of sustainable development in national policies. We analysed the countries that are largely dependent on the export of fuel and energy resources as well as the countries that export mineral resources. Then, we assessed the participation of these countries in key international initiatives for sustainable development. Finally, we summarised and systematised the approaches of the examined countries to introduce sustainable development principles into national strategies and policies. Examination of the international experience allows making the following conclusions. Commodity producing countries consider the global sustainable development agenda as an opportunity to improve the national economy and implement the reforms necessary for further development. In this case, the global agenda is an additional argument to substantiate the necessity of reforms for the national elite. In the field of sustainable development, there is a trend towards strengthening the regulatory role of the state, which combines direct control measures and measures aimed at the establishment of the green national economy.
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spelling doaj.art-cc592571aefb4461a717d4f34cc74be82023-08-02T02:21:30ZengRussian Academy of Sciences, Institute of Economics of the Ural BranchЭкономика региона2072-64142411-14062020-09-01163859870https://doi.org/10.17059/ekon.reg.2020-3-14The Impact of the Sustainable Development Agenda on the Transformation of National Policies of Commodity Producing CountriesIgor A. Yakovlev 0Lyudmila S. Kabir1Svetlana I. Nikulina2Ivan D. Rakov3Financial Research InstituteFinancial Research InstituteFinancial Research InstituteFinancial Research InstituteIn 2015, as a response to global challenges, the members of the United Nations (UN) designed the Sustainable Development Goals they intend to achieve by 2030. The transition to a green economy is at the core of the global sustainable development agenda. Such an approach includes the introduction of sustainable production and consumption patterns, increased use of renewable energy sources, and carbon footprint reduction in production chains. In particular, the countries that export fuel and energy resources are under pressure due to the plans to stop using hydrocarbons as a fuel source. Subsequently, a new technological paradigm will put additional pressure on the countries that export mineral resources. Thus, it is appropriate to examine how commodity producing countries integrate the principles of sustainable development in national policies. We analysed the countries that are largely dependent on the export of fuel and energy resources as well as the countries that export mineral resources. Then, we assessed the participation of these countries in key international initiatives for sustainable development. Finally, we summarised and systematised the approaches of the examined countries to introduce sustainable development principles into national strategies and policies. Examination of the international experience allows making the following conclusions. Commodity producing countries consider the global sustainable development agenda as an opportunity to improve the national economy and implement the reforms necessary for further development. In this case, the global agenda is an additional argument to substantiate the necessity of reforms for the national elite. In the field of sustainable development, there is a trend towards strengthening the regulatory role of the state, which combines direct control measures and measures aimed at the establishment of the green national economy.https://www.economyofregion.com/data/jarticles/3304.pdfgreen economysustainable development conceptglobal initiativeeconomic development patternstructural transformationsdevelopment policynational strategynational programsnational planssocio-economic developmentcommodity producing coun
spellingShingle Igor A. Yakovlev
Lyudmila S. Kabir
Svetlana I. Nikulina
Ivan D. Rakov
The Impact of the Sustainable Development Agenda on the Transformation of National Policies of Commodity Producing Countries
Экономика региона
green economy
sustainable development concept
global initiative
economic development pattern
structural transformations
development policy
national strategy
national programs
national plans
socio-economic development
commodity producing coun
title The Impact of the Sustainable Development Agenda on the Transformation of National Policies of Commodity Producing Countries
title_full The Impact of the Sustainable Development Agenda on the Transformation of National Policies of Commodity Producing Countries
title_fullStr The Impact of the Sustainable Development Agenda on the Transformation of National Policies of Commodity Producing Countries
title_full_unstemmed The Impact of the Sustainable Development Agenda on the Transformation of National Policies of Commodity Producing Countries
title_short The Impact of the Sustainable Development Agenda on the Transformation of National Policies of Commodity Producing Countries
title_sort impact of the sustainable development agenda on the transformation of national policies of commodity producing countries
topic green economy
sustainable development concept
global initiative
economic development pattern
structural transformations
development policy
national strategy
national programs
national plans
socio-economic development
commodity producing coun
url https://www.economyofregion.com/data/jarticles/3304.pdf
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