Ecologically sustainable development is the crux of the broader idea of sustainability. Economic growth is sustainable (moreso, ecologically sustainable) if production of goods and services must not compromise the carrying capacity of ecosystems, i.e. nature has to be able to regenerate utilised resources. Economic growth, in fact, is the quantitative approach focussing on the cumulative increase of gross output and per capita output. it ignores the resource generation and conservation and distribution process.
Ecologically sustainable development involves attaining economic growth which allows for long-term preservation of the environment and natural resources, allowing for future generations to maintain access to resources. Inclusive growth creates strength in the economy to withstand shocks and growth becomes sustainable in the longer run. Inclusive growth is important because it helps to create a more sustainable and equitable society. It reduces poverty, inequality, and exclusion, which can lead to social unrest and instability. Economic growth is when the gross domestic product (GDP) increases over a period of time. Sustainable growth means maintaining the growth rate without causing other economic problems. Rapid growth may deplete resources, create environmental problems and contribute to global warming. Sustainable development means “meeting the needs of the present generation without compromising the needs of future generations”. Thus, economic growth will be sustainable if fixed assets, including land, remain constant or increase over time. Sustainable development is based on three fundamental pillars: social, economic and environmental. The Brundtland report, which sustainable development is gets its name from delineated the development of human resources in form of extreme poverty reduction, global gender equity, and wealth redistribution. Economic development often (but not always) depends on utilization of natural resources like oil or timber, which is not sustainable. By contrast, sustainable development might involve renewable resources, like wind power, or controlled harvests of wildlife. The economic benefits include lower healthcare costs for business, employees and public agencies, more productive employees, and students better prepared to learn and savings to residents and businesses through reduced expenditures on water, energy, gas and other resources. Sharpening the understanding of inclusion and justice among key stakeholders and a better articulation of the Earth system justice approach is a way forward. Inclusive development is expected to strengthen not only the economic order, but also the social and environmental order in sustainable development.
Social Sustainability and Inclusion focuses on the need to “put people first” in development processes. It promotes social inclusion of the poor and vulnerable by empowering people, building cohesive and resilient societies, and making institutions accessible and accountable to citizens. Therefore inclusive growth is the idea to realize the dream of sustainable and qualitative development for present and future generations. Inclusive Growth that leads to reductions of income inequality. iv. Sustained Economic Growth: Increases in GDP are maintained over time. Inclusive Growth: Growth that leads to reductions of income inequality and sustained Economic Growth: Increases in GDP are maintained over time. There are many factors to consider in achieving sustainable and inclusive growth, but two key elements are the growth rate and investment. Achieving a high growth rate is essential for reducing poverty, but it must be balanced with investment in education, health care, and other social services. For sustainable development to be achieved, it is crucial to harmonize three core elements: economic growth, social inclusion and environmental protection. These elements are interconnected and all are crucial for the well-being of individuals and societies. There are four central pillars to the OECD's work on Inclusive Growth: methodological, sectoral, national and regional. It presents inclusive development as having three key dimensions with five principles each. This is applied to the 17 SDGs and their targets. These goals are indivisible and encompass economic, social and environmental dimensions. SDG4 focuses on education and aims to “ensure inclusive and equitable quality education and promote lifelong learning opportunities for all. Ecologically sustainable development involves attaining economic growth which allows for long-term preservation of the environment and natural resources, allowing for future generations to maintain access to resources. Sustainable development means “meeting the needs of the present generation without compromising the needs of future generations”. Thus, economic growth will be sustainable if fixed assets, including land, remain constant or increase over time. Sustainable development is essential for economic growth because it means 'development should take place without damaging the environment, and development in the present should not compromise with the needs of the future generations. Sustainable development is based on three fundamental pillars: social, economic and environmental. The Brundtland report, which sustainable development is gets its name from delineated the development of human resources in form of extreme poverty reduction, global gender equity, and wealth redistribution.Sharpening the understanding of inclusion and justice among key stakeholders and a better articulation of the Earth system justice approach is a way forward. Inclusive development is expected to strengthen not only the economic order, but also the social and environmental order in sustainable development. Inclusive growth means economic growth that creates employment opportunities and helps in reducing poverty. It means having access to essential services in health and education by the poor. It includes providing equality of opportunity, empowering people through education and skill development.