Role of the Private Sector in Sustainable Development

Juan Diaz-Granados; Benedict Sheehy

Role of the Private Sector in Sustainable Development

Canberra Law School

Research output: A Conference proceeding or a Chapter in Book › Entry for encyclopedia/dictionary › peer-review

Abstract

The expression “role of the private sector in sustainable development” refers to the role of for-profit organizations in the creation, adoption, development, and execution of public policies that promote environmental, social, and economic aims. The private sector has a critical role in sustainable development in general and the United Nations’ Sustainable Development Goals (SDGs) in particular (UN General Assembly 2015). Arguments in support the active role of the private sector in sustainable development include the improvement of innovation and technology, the provision of resources and jobs, the adoption of sustainable business models, the significance of the private sector in addressing environmental issues, and the capability, know-how, leadership.

Original language	English
Title of host publication	Encyclopedia of Sustainable Management
Editors	Samuel Idowu, René Schmidpeter, Nicholas Capaldi, Liangrong Zu, Mara Del Baldo, Rute Abreu
Publisher	Springer
Pages	1-6
Number of pages	6
ISBN (Electronic)	9783030020064
Publication status	Published - Nov 2023

Cite this

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abstract = "The expression “role of the private sector in sustainable development” refers to the role of for-profit organizations in the creation, adoption, development, and execution of public policies that promote environmental, social, and economic aims. The private sector has a critical role in sustainable development in general and the United Nations{\textquoteright} Sustainable Development Goals (SDGs) in particular (UN General Assembly 2015). Arguments in support the active role of the private sector in sustainable development include the improvement of innovation and technology, the provision of resources and jobs, the adoption of sustainable business models, the significance of the private sector in addressing environmental issues, and the capability, know-how, leadership.",

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Role of the Private Sector in Sustainable Development. / Diaz-Granados, Juan; Sheehy, Benedict.
Encyclopedia of Sustainable Management. ed. / Samuel Idowu; René Schmidpeter; Nicholas Capaldi; Liangrong Zu; Mara Del Baldo; Rute Abreu. Springer, 2023. p. 1-6.

Research output: A Conference proceeding or a Chapter in Book › Entry for encyclopedia/dictionary › peer-review

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AB - The expression “role of the private sector in sustainable development” refers to the role of for-profit organizations in the creation, adoption, development, and execution of public policies that promote environmental, social, and economic aims. The private sector has a critical role in sustainable development in general and the United Nations’ Sustainable Development Goals (SDGs) in particular (UN General Assembly 2015). Arguments in support the active role of the private sector in sustainable development include the improvement of innovation and technology, the provision of resources and jobs, the adoption of sustainable business models, the significance of the private sector in addressing environmental issues, and the capability, know-how, leadership.

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Role of the Private Sector in Sustainable Development

Abstract

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