As early as forty years ago, developed countries became concerned with the concept of sustainable development and then quite successfully turned it into applied policy issues. The conceptualization of sustainable development implies integration of three pillars: (i) economic development; (ii) social development; and (iii) environmental protection. Progress across all three provinces in a consolidated manner is considered as a critical step towards the achievement of sustainable development.
When you are citing the document, use the following link http://essuir.sumdu.edu.ua/handle/123456789/3107

Chorna, O.

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MECHANISMS OF ACHIEVING SUSTAINABLE DEVELOPMENT IN DEVELOPED COUNTRIES  Olga Chorna  Academy of Commerce, Lviv, Ukraine   As early as forty years ago, developed countries became concerned with the concept of sustainable development and then quite successfully turned it into applied policy issues. The conceptualization of sustainable development implies integration of three pillars: (i) economic development; (ii) social development; and (iii) environmental protection. Progress across all three provinces in a consolidated manner is considered as a critical step towards the achievement of sustainable development. Starting from the Human Environment Conference, held in 1979, developed countries have been searching for appropriate mechanisms of achieving sustainable development. The best known international conferences that had influenced tremendously the policy of sustainable development had been the Rio Earth Summit (The UN Conference on Environment and Development) of June 1992.  The World Summit on Sustainable Development (also known as Rio +10) was held in September 2002 in Johannesburg, South Africa. New targets were established. United States Secretary Colin Powell called the Summit a "successful effort", saying that "it shows that we have a shared vision of how to move forward”. In his view, the world was seen as committed to sustainable development. However, it was assumed that the real challenge "is not just what is said in the statement, but the actions that will take place in the months and years ahead" [2]. The UN Conference on Sustainable Development, which is better known as Rio +20 or Earth Summit 2012, took place in Brazil in June 2012. As it had been demonstrated, sustainable development remains a fundamental objective for developed countries.  Besides numerous documents adopted by world community, many developed countries elaborated mechanism of their own for sustainable development, as it could be illustrated on the example of Norway. For many years Norway follows the principle “think globally, act locally”, being able to demonstrate on its own example how to use rich natural resources for the benefit of the population. On the other hand, there are many examples when depletion of non-renewable resources is well above investments in the other sectors of economy, which reduces the national stock of capital in its broadest sense. As a result, the development path taken is clearly unsustainable. Being inspired by not just a few examples of the opposite flavor, Norway launched its Oil for Development initiative in Autumn 2005 to assist developing countries in managing their crude oil resources [3]. Among several mechanisms of achieving sustainable development, Norway emphasizes economic instruments that contribute to cost-effective solutions while implemented properly. For example, companies and households tend to reduce their use of commodities and products on which environmental taxes are imposed because it is just in their own financial interest. [3]. Considering mechanisms of achieving sustainable development it could not be mentioned Sweden. First of all, Swedish approach to sustainable development takes into account such a basic principle: all policy decisions must respond to the longer-term economic, social and environmental implications, meaning that every decision taken by Swedish politicians should be appropriate in this respect [4]. Swedish government had achieved 17 agreements with the enterprise sector on this field. Sweden established special dialogue projects “Bygga Bo” (in English “Building/Living”) and “Framtida Handel” [5]. The former is a dialogue between 20 companies, three municipalities and the Environmental Advisory Council where a future sustainable building and property sector used to be discussed.  In the Northern Europe, the housing and service sectors account for more than 40 percent of total energy consumption. One way to reduce consumption is to build low-energy residence areas, passive houses heated mainly by the energy already produced there, such as body heat, electrical appliances, lighting and sunlight. Passive houses have been built in a number of communities across Sweden, including Stockholm, Göteborg, Västerås and Helsingborg. Seven out of 10 Swedes want to live in an eco-labeled house and would consider paying more for it [6].  Despite the institutional framework that is very effective one, developed countries try to bring up a high conscious of it’s citizens through the educational programs, mass media activities, and what is the most important - millions of people can take part in developing this kind of policy and many new research institutes are opened every year. Such multi-dimensional activities look sustained in the long run, because new and new ideas of sustainability are brought up day in day out.   References: 1. Network of Regional Governments for Sustainable Development. Access mode: http://www.nrg4sd.org/sustainable-development. 2. The Johannesburg Summit Test: What Will Change?. Access mode: http://www.johannesburgsummit.org/html/whats_new/feature_story41.html. 3.  orway  s Strategy for Sustainable  evelopment.  orwegian  inistry of Finance. Access mode: http://www.regjeringen.no/upload/FIN/rapporter/R-0617E.pdf. 4. A Swedish Strategy for Sustainable Development. Access mode: http://www.government.se/content/1/c6/02/52/75/98358436.pdf. 5. A brief presentation of the Swedish environmental advisory council’s dialogue “Bygga Bo”. Access mode: http://www.sou.gov.se/mvb/english/pdf/eng_byggabo_broschyr.pdf. 6. Sustainable living: Living for the future. Access mode: http://www.sweden.se/eng/Home/Society/Sustainability/Facts/Sustainable-living.  Економіка для екології: матеріали XIX Міжнародної наукової конференції, м. Суми, 30 квітня – 3 травня 2013 р. / редкол.: Д. О. Смоленніков, М. С. Шкурат. – Суми : Сумський державний університет, 2013. – C. 29-31. 

Mechanisms of achieving sustainable development in developed countries

SocioEconomic Challenges Journal (Sumy State University)

MECHANISMS OF ACHIEVING SUSTAINABLE 
DEVELOPMENT IN DEVELOPED COUNTRIES 
 
Olga Chorna  
Academy of Commerce, Lviv, Ukraine  
 
As early as forty years ago, developed countries became concerned with the 
concept of sustainable development and then quite successfully turned it into 
applied policy issues. The conceptualization of sustainable development implies 
integration of three pillars: (i) economic development; (ii) social development; and 
(iii) environmental protection. Progress across all three provinces in a consolidated 
manner is considered as a critical step towards the achievement of sustainable 
development. 
Starting from the Human Environment Conference, held in 1979, developed 
countries have been searching for appropriate mechanisms of achieving sustainable 
development. The best known international conferences that had influenced 
tremendously the policy of sustainable development had been the Rio Earth 
Summit (The UN Conference on Environment and Development) of June 1992.  
The World Summit on Sustainable Development (also known as Rio +10) 
was held in September 2002 in Johannesburg, South Africa. New targets were 
established. United States Secretary Colin Powell called the Summit a "successful 
effort", saying that "it shows that we have a shared vision of how to move 
forward”. In his view, the world was seen as committed to sustainable 
development. However, it was assumed that the real challenge "is not just what is 
said in the statement, but the actions that will take place in the months and years 
ahead" [2]. 
The UN Conference on Sustainable Development, which is better known as 
Rio +20 or Earth Summit 2012, took place in Brazil in June 2012. As it had been 
demonstrated, sustainable development remains a fundamental objective for 
developed countries.  
Besides numerous documents adopted by world community, many developed 
countries elaborated mechanism of their own for sustainable development, as it 
could be illustrated on the example of Norway. For many years Norway follows 
the principle “think globally, act locally”, being able to demonstrate on its own 
example how to use rich natural resources for the benefit of the population. On the 
other hand, there are many examples when depletion of non-renewable resources is 
well above investments in the other sectors of economy, which reduces the national 
stock of capital in its broadest sense. As a result, the development path taken is 
clearly unsustainable. Being inspired by not just a few examples of the opposite 
flavor, Norway launched its Oil for Development initiative in Autumn 2005 to 
assist developing countries in managing their crude oil resources [3]. Among 
several mechanisms of achieving sustainable development, Norway emphasizes 
economic instruments that contribute to cost-effective solutions while implemented 
properly. For example, companies and households tend to reduce their use of 
commodities and products on which environmental taxes are imposed because it is 
just in their own financial interest. [3]. 
Considering mechanisms of achieving sustainable development it could not 
be mentioned Sweden. First of all, Swedish approach to sustainable development 
takes into account such a basic principle: all policy decisions must respond to the 
longer-term economic, social and environmental implications, meaning that every 
decision taken by Swedish politicians should be appropriate in this respect [4]. 
Swedish government had achieved 17 agreements with the enterprise sector on this 
field. Sweden established special dialogue projects “Bygga Bo” (in English 
“Building/Living”) and “Framtida Handel” [5]. The former is a dialogue between 
20 companies, three municipalities and the Environmental Advisory Council where 
a future sustainable building and property sector used to be discussed.  
In the Northern Europe, the housing and service sectors account for more than 
40 percent of total energy consumption. One way to reduce consumption is to build 
low-energy residence areas, passive houses heated mainly by the energy already 
produced there, such as body heat, electrical appliances, lighting and sunlight. 
Passive houses have been built in a number of communities across Sweden, 
including Stockholm, Göteborg, Västerås and Helsingborg. Seven out of 10 
Swedes want to live in an eco-labeled house and would consider paying more for it 
[6].  
Despite the institutional framework that is very effective one, developed 
countries try to bring up a high conscious of it’s citizens through the educational 
programs, mass media activities, and what is the most important - millions of 
people can take part in developing this kind of policy and many new research 
institutes are opened every year. Such multi-dimensional activities look sustained 
in the long run, because new and new ideas of sustainability are brought up day in 
day out.  
 
References: 
1. Network of Regional Governments for Sustainable Development. Access 
mode: http://www.nrg4sd.org/sustainable-development. 
2. The Johannesburg Summit Test: What Will Change?. Access mode: 
http://www.johannesburgsummit.org/html/whats_new/feature_story41.html
. 
3.  orway  s Strategy for Sustainable  evelopment.  orwegian  inistry of 
Finance. Access mode: http://www.regjeringen.no/upload/FIN/rapporter/R-
0617E.pdf. 
4. A Swedish Strategy for Sustainable Development. Access mode: 
http://www.government.se/content/1/c6/02/52/75/98358436.pdf. 
5. A brief presentation of the Swedish environmental advisory council’s dialogue 
“Bygga Bo”. Access mode: 
http://www.sou.gov.se/mvb/english/pdf/eng_byggabo_broschyr.pdf. 
6. Sustainable living: Living for the future. Access mode: 
http://www.sweden.se/eng/Home/Society/Sustainability/Facts/Sustainable-living. 
 
Економіка для екології: матеріали XIX Міжнародної наукової 
конференції, м. Суми, 30 квітня – 3 травня 2013 р. / редкол.: Д. О. 
Смоленніков, М. С. Шкурат. – Суми : Сумський державний 
університет, 2013. – C. 29-31. 


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Mechanisms of achieving sustainable development in developed countries

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