Abstract
For the first time in history, the entire human population encountered a perfect storm. This consisted of a health emergency caused by the COVID-19 pandemic; economic contraction accompanied by demand and supply shocks as a result of lockdowns; massive job and livelihood losses; disruptions to global trade and supply chains; severe financial and commodity market volatility; and a compounding environmental crisis caused by climate change. Many Sustainable Development Goals (SDGs) will not be met by 2030 if such challenges are not addressed. This challenge involves reconsidering the roles of government, businesses, and cities in accomplishing the SDGs and the 2030 Agenda, as well as their conventional partnerships and domains of influence. Global challenges aren’t limited to pandemics and endemics. Climate change, biodiversity loss, food scarcity, armed conflicts, climate-induced migration, and political crises all pose threats to the SDGs. However, these crises are exactly the vulnerabilities and disruptions that the SDGs seek to tackle. The SDGs provide a roadmap to enhance system preparedness and invest in resilience to strengthen systems ability to weather shocks and bounce back. In this sense, it is important to analyze the roles assumed by national governments, businesses, and local and regional governments (LRGs) in advancing the 2030 Agenda, as well as the interactions among these actors to ensure their coordinated and coherent responses to crises and sustainable investment in the necessary systems.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Allen, C., Metternicht, G., & Wiedmann, T. (2018). Initial progress in implementing the sustainable development goals (SDGs): A review of evidence from countries. Sustainability Science, 13, 1453–1467.
Baum, A., Mogues, T., & Verdier, G. (2020). Getting the most from public investment, in well spent: How strong infrastructure governance can end waste in public investment? (G. Schwartz, M. Fouad, T. Hansen, & G. Verdier, Eds.). International Monetary Fund.
Barnett Waddingham. (2022, March). Sustainable investor insights survey. Available from: https://www.barnett-waddingham.co.uk/comment-insight/research/sustainable-investor-insights-survey/
Bettelli, P. (2021, January). What the world learned setting development goals. International Institute for Sustainable Development. Retrieved May 30, 2022, from https://www.iisd.org/articles/deep-dive/what-world-learned-setting-development-goals
Brunnermeier, M. (2021). The resilient society: Lessons from the pandemic for recovering from the major next shock. Endeavor Literary Press, ISBN 978-1-7374036-0-9.
Chasek, P. S., Wagner, L. M., Leone, F., Lebada, A.-M., & Risse, N. (2016). Getting to 2030: Negotiating the post-2015 sustainable development agenda. RECIEL, 25, 5–14. https://doi.org/10.1111/reel.12149
Council of the European Union. (2022, June 21). New rules on corporate sustainability reporting: Provisional political agreement between the Council and the European Parliament. Press Release. Available from: https://www.consilium.europa.eu/en/press/press-releases/2022/06/21/new-rules-on-sustainability-disclosure-provisional-agreement-between-council-and-european-parliament/
Dalby, S., Horton, S., & Mahon, R. (2019). Global governance challenges in achieving the sustainable development goals. In S. Dalby, S. Horton, R. Mahon & D. Thomaz (Eds.), Achieving the sustainable development goals: Global governance challenges (1st ed., pp. 1–18). Routledge Studies in Sustainable Development. Routledge
Deloitte. (2014). Big demands and high expectations: The Deloitte Millennial Survey. Executive Summary. Available from: https://www2.deloitte.com/content/dam/Deloitte/global/Documents/About-Deloitte/gx-dttl-2014-millennial-survey-report.pdf
Edelman. (2020). Edelman Trust Barometer 2020 Special Report: Institutional Investors, U.S. Results. Available from: https://www.edelman.com/sites/g/files/aatuss191/files/2020-11/Edelman%202020%20Institutional%20Investor%20Trust_FINAL.pdf
Elmassah, S., & Mohieldin, M. (2020). Digital transformation and localizing the sustainable development goals (SDGs). Ecological Economics, 169, 106490. https://doi.org/10.1016/j.ecolecon.2019.106490
Ernst & Young (EY) & Oxford Analytica. (2021, June). The future of sustainability reporting standards: The policy evolution and the actions companies can take today. Available from: https://assets.ey.com/content/dam/ey-sites/ey-com/en_gl/topics/sustainability/ey-the-future-of-sustainability-reporting-standards-june-2021.pdf
Fenton, P., & Gustafsson, S. (2017). Moving from high-level words to local action—Governance for urban sustainability in municipalities. Current Opinion in Environmental Sustainability, 26–27, 129–133.
Henisz, W., Koller, T., & Nuttall, R. (2019, November). Five ways that ESG creates value: Getting your environmental, social, and governance (ESG) proposition right links to higher value creation. Here’s why. McKinsey Quarterly. Available from: https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/five-ways-that-esg-creates-value
MartĂnez-Solimán, M., & Mohieldin, M. (2016). Lessons and recommendations from the CEB Reviews: A forward-looking perspective from the MDG era in transitioning from the MDGs to the SDGs. United Nations Development Programme and the World Bank Group.
Mohieldin, M. (2022, April). Progress, disruption, and the path ahead. Ahram. Available from: https://english.ahram.org.eg/NewsContentP/50/464934/AlAhram-Weekly/Progress,-disruption,-and-the-path-ahead.aspx
Mohieldin, M., & Shehata, M. (2021). The SDGs as an operational framework for post COVID-19 response and recovery. AD-Minister, 38, 5–42. https://doi.org/10.17230/Ad-minister.38.1
New Zealand Ministry for the Environment. (2022, June 17). Mandatory climate-related disclosures: The Government has passed legislation making climate-related disclosures mandatory for some organisations. The requirement will apply to large publicly listed companies, insurers, banks, non-bank deposit takers and investment managers. Available from: https://environment.govt.nz/what-government-is-doing/areas-of-work/climate-change/mandatory-climate-related-financial-disclosures/
OECD. (2020). A territorial approach to the sustainable development goals: Synthesis report. In OECD urban policy reviews. OECD Publishing.
Poole, V., & Sullivan, K. (2021, October 29). Tectonic shifts: How ESG is changing business, moving markets, and driving regulation. Deloitte Insights. Available from: https://www2.deloitte.com/us/en/insights/topics/strategy/esg-disclosure-regulation.html
PwC. (2021). 2021 ESG Consumer Intelligence Series: Beyond compliance: Consumers and employees want business to do more on ESG—How business can close the expectations gap. Available from: https://www.pwc.com/us/en/services/consulting/library/consumer-intelligence-series/consumer-and-employee-esg-expectations.html
Sachs, J., Lafortune, G., Kroll, C., Fuller, G., & Woelm, F. (2022). Sustainable Development Report 2022: From crisis to sustainable development: The SDGs as roadmap to 2030 and beyond. Cambridge University Press.
Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., & Fuller, G. (2021). Sustainable Development Report 2021: The decade of action for the sustainable development goals. Cambridge University Press.
United Cities and Local Governments (UCLG). (2017). National and sub-national governments on the way towards the localization of the SDGs. Report Towards the 2017 HLPF. Global Task Force of Local and Regional Governments. Available from: https://www.uclg.org/sites/default/files/localgov_report_localizationsdg_hlpf.pdf
United Kingdom Statutory Instruments. (2022, January 17). The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022. Statutory Instrument 2022 No. 31.
United Nations. (2015a). Addis Ababa action agenda of the third international conference on financing for development (Addis Ababa action agenda). United Nations.
United Nations. (2015b). Transforming our world: The 2030 agenda for sustainable development. Resolution adopted by the General Assembly on 25 September 2015b. A/RES/70/1. U.N. General Assembly, Seventieth Session. Agenda items 15 and 116. United Nations.
United Nations. (2012). The future we want. Resolution adopted by the General Assembly on 27 July 2012. A/RES/66/288. U.N. General Assembly, Sixty-sixth session. Agenda item 19. United Nations.
United Nations. (2021). The sustainable development goals report 2021. United Nations.
United Nations Conference on Trade and Development (UNCTAD). (2014). World investment report 2014: Investing in the SDGs: An action plan. United Nations.
United Nations Development Programme (UNDP). (2020). Budgeting for the sustainable development goals: Aligning domestic budgets with the SDGs: A Guidebook. https://sdgfinance.undp.org/sites/default/files/UNDP%20Budgeting%20for%20the%20SDGs%20-%20Guidebook_Nov%202020.pdf
United Nations Development Programme (UNDP) & United Nations Capital Development Fund (UNCDF). (2016). Getting to the last mile in least developed countries. New York.
United Nations Department of Economic and Social Affairs (UN DESA). (n.d.). It is time to build forward together. Available from: https://www.un.org/en/desa/it-time-build-forward-together
United Nations Department of Economic and Social Affairs (UN DESA). (2021). World Public Sector Report 2021: National institutional arrangements for implementation of the sustainable development goals: A five-year stocktaking. United Nations. Available from: https://www.un.org/en/desa/world-public-sector-report
Valenica, S., Simon, D., Croese, S., Nordqvist, J., Olokoe, M., Sharma, T., Buck, N., & Versace, I. (2019). Adapting the sustainable development goals and the new urban agenda. International Journal of Urban Sustainable Development, 11–1, 4–23.
Acknowledgements
The authors appreciate the patience and great support from Marcus Ballanger, Commissioning Editor, Scholarly Business at Palgrave Macmillan. They thank Janina Krieger for her enthusiasm for AI, as well as recognize the input of the AI robot in Chapter three. Additionally, the authors appreciate the efforts of Haajar Abu Ismail, and her excellent editorial contributions to the chapters of this book. The authors would also like to thank their families and beloved ones for their patience and support. This book was written using the time that belonged to them. Furthermore, the authors express their gratitude toward Patricia Holly Purcell, Private Sector Specialist, and to anonymous reviewers for their thoughts regarding the proposal of this book.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Mohieldin, M., Wahba, S., Gonzalez-Perez, M.A., Shehata, M. (2023). SDGs and the 2030 Agenda: On Crisis and Opportunity. In: Business, Government and the SDGs. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-11196-9_1
Download citation
DOI: https://doi.org/10.1007/978-3-031-11196-9_1
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-031-11195-2
Online ISBN: 978-3-031-11196-9
eBook Packages: Business and ManagementBusiness and Management (R0)