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Understanding the SDGs: Goal 8 and the importance of sustainable economic growth

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Understanding the SDGs: Goal 8 and the importance of sustainable economic growth

August 13, 2021

Estimated reading time: 5 minutes

sdg sustainable economic growth

The Sustainable Development Goals (SDGs) are goals created by the United Nations in 2015 in order to provide a detailed framework for public, private, and civil society actors globally to bring about significant and transformative change towards a world that works for 100% of humanity and the planet as a whole.

In this article, we will show you what is the eight of these goals (the SDG sustainable economic growth) and its importance!

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What is Goal 8 of the SDGs?

The eight goal of the SDGs is aimed at promoting sustained, inclusive and sustainable economic growth, full and productive employment and decent work for everyone.

A sustainable economic growth implies a rate of growth that can be maintained without creating other significant economic problems, especially those that will impose on future generations. There is clearly a trade-off between rapid economic growth today, and growth in the future.

What is the importance of the sustainable energy SDG?

Sustainable growth has to prioritize limiting CO2 emissions, prevent global warming, and protecting non-renewable resources. Growth based on the consumption of non-renewable resources means that the growth is not possible to be maintained when the non-renewable resources run out.

Facing the current global situation with regards to growth and climate change, as well as reversing the trend of resource exploitation has, then, become a primary objective at the international level. This is why promoting decent, inclusive and sustainable work became SDG 8 of the 17 UN Sustainable Development Goals, approved in September 2015 as part of 2030 Agenda.

What types of policies are in line with Goal 8?

The types of policies that are in line with the SDG Sustainable Economic Growth are:

  • Policies aimed at achieving full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value;
  • Policies aimed at promoting development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services;
  • Policies aimed at achieving higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors;
  • Policies aimed at supporting productive activities and the creation of decent jobs, entrepreneurship and innovation.

All the SDGs in one glimpse

sdg sustainable energy

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Do you have an interest in an international career at the UN? In pursuit of its mission, the OpenIGO network has prepared a comprehensive eBook and support and guidance services with the aim of highly increasing your chances of success in the UN YPP selection process!

Our comprehensive eBook will help you perform successfully in the United Nations YPP selection process. It will introduce you to the complex world of the United Nations and it will guide you through all the stages of this competitive selection process. This eBook was written and revised by a team of professors, human resources specialists, and former young professionals with a great deal of diligence.

In addition, we have developed support and guidance services. These services include revising your UN YPP application documents (essay, curriculum vitae, and thesis/dissertation short summaries) and a mock interview as per the United Nations YPP model.

Having a mock interview with a professional who has extensive experience and knowledge of the UN YPP interview model will help you be better prepared for this phase, greatly increasing your chances of being selected for the desired vacancy.

WOULD YOU LIKE TO KNOW MORE ABOUT OUR UN YPP PRODUCTS & SERVICES?

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