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<title>SDGtalks.ai | News, Content &amp;amp; Communication &#45; : 8. Decent Work and Economic Growth</title>
<link>https://sdgtalks.ai/rss/category/8-decent-work-and-economic-growth</link>
<description>SDGtalks.ai | News, Content &amp;amp; Communication &#45; : 8. Decent Work and Economic Growth</description>
<dc:language>en</dc:language>
<dc:rights>Copyright 2021 sdgtalks.ai &#45; All Rights Reserved.</dc:rights>

<item>
<title>Audit finds Roanoke Police grant overspending, child labor law violations in youth program – WSLS</title>
<link>https://sdgtalks.ai/audit-finds-roanoke-police-grant-overspending-child-labor-law-violations-in-youth-program-wsls</link>
<guid>https://sdgtalks.ai/audit-finds-roanoke-police-grant-overspending-child-labor-law-violations-in-youth-program-wsls</guid>
<description><![CDATA[ Audit finds Roanoke Police grant overspending, child labor law violations in youth program  WSLS ]]></description>
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<pubDate>Fri, 13 Mar 2026 12:30:10 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>Audit, finds, Roanoke, Police, grant, overspending, child, labor, law, violations, youth, program, –, WSLS</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Audit Report on Roanoke Police Department’s Youth Gun Violence Prevention Grant</h2>
<h3>Overview</h3>
<p>An internal city audit conducted in Roanoke, Virginia, revealed significant issues concerning the management of a youth gun violence prevention grant by the Roanoke Police Department. The audit identified overspending, inadequate background checks for youth mentors, and violations of child labor laws. These findings have implications for the Sustainable Development Goals (SDGs), particularly those related to Quality Education (SDG 4), Decent Work and Economic Growth (SDG 8), and Peace, Justice, and Strong Institutions (SDG 16).</p>
<h3>Key Findings</h3>
<ol>
<li><strong>Financial Overspending:</strong> The Police Department overspent the grant by nearly $100,000.</li>
<li><strong>Background Checks:</strong> Youth mentors working with children did not undergo full background checks, raising concerns about child safety.</li>
<li><strong>Child Labor Violations:</strong> Six instances were identified where youth were involved in manual labor and mechanical activities posing safety risks, violating child labor laws.</li>
<li><strong>No Fraudulent Billing or Complaints:</strong> The audit found no evidence of fraudulent billing and no complaints from clients regarding the services provided.</li>
</ol>
<h3>Responses and Actions Taken</h3>
<ul>
<li><strong>Elimination of Vendor-Based Mentoring:</strong> All mentoring services provided through external vendors have been discontinued to improve oversight.</li>
<li><strong>New Mentoring Model:</strong> The department has developed an internal mentoring program where mentors are hired directly as part-time employees, enhancing accountability and compliance.</li>
<li><strong>Age Restrictions:</strong> Youth under the age of 14 will no longer be engaged in any work activities, aligning with child protection standards.</li>
<li><strong>Financial Oversight:</strong> Establishment of the Police Business Division to oversee financial management and ensure proper use of funds.</li>
</ul>
<h3>Statements from Deputy Chief Mike Crawley</h3>
<p>Deputy Chief Mike Crawley acknowledged the concerns raised by the audit, attributing the issues primarily to a lack of oversight rather than malicious intent. He emphasized the department’s commitment to improving internal controls and safeguarding children involved in the program.</p>
<p>“We’re better today than we were before. Obviously, our checks and balances within government—that’s what they’re here for,” Crawley stated. He also highlighted that the funds, although overspent, were used to provide services to children in need, contributing to a reduction in violent crime.</p>
<p>Crawley confirmed that no criminal charges will be filed and no criminal investigation is underway regarding the mentors.</p>
<h3>Implications for Sustainable Development Goals</h3>
<ul>
<li><strong>SDG 4 – Quality Education:</strong> Ensuring safe and supportive environments for youth mentors contributes to inclusive and equitable quality education and promotes lifelong learning opportunities.</li>
<li><strong>SDG 8 – Decent Work and Economic Growth:</strong> Compliance with child labor laws and improved labor practices protect young workers and promote decent work conditions.</li>
<li><strong>SDG 16 – Peace, Justice, and Strong Institutions:</strong> Strengthening oversight, transparency, and accountability within the police department supports the development of effective, accountable institutions.</li>
</ul>
<h3>Conclusion</h3>
<p>The Roanoke Police Department’s audit findings highlight critical areas for improvement in grant management and youth program oversight. The corrective measures implemented align with the principles of the Sustainable Development Goals by prioritizing child protection, responsible governance, and community safety. Continued monitoring and adherence to these standards will be essential to sustain positive outcomes for youth and the broader community.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong>
<ul>
<li>The article discusses oversight failures, financial mismanagement, and the establishment of a Police Business Division to improve governance and accountability.</li>
</ul>
</li>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>Issues related to child labor law violations and youth employment practices are highlighted.</li>
</ul>
</li>
<li><strong>SDG 3: Good Health and Well-being</strong>
<ul>
<li>The article mentions youth gun violence prevention efforts and reduction in violent crime, which relate to promoting health and safety.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>Youth mentoring programs and the development of an internal mentoring model relate to education and youth development.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified</h2>
<ol>
<li><strong>SDG 16</strong>
<ul>
<li>Target 16.6: Develop effective, accountable and transparent institutions at all levels (addressed by establishing Police Business Division and improving oversight).</li>
<li>Target 16.3: Promote the rule of law at the national and international levels and ensure equal access to justice for all (related to compliance with child labor laws and audit findings).</li>
</ul>
</li>
<li><strong>SDG 8</strong>
<ul>
<li>Target 8.7: Take immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labor (addressed by eliminating child labor law violations and restricting youth work under age 14).</li>
</ul>
</li>
<li><strong>SDG 3</strong>
<ul>
<li>Target 3.4: By 2030, reduce by one third premature mortality from non-communicable diseases through prevention and treatment and promote mental health and well-being (related to reducing youth gun violence and violent crime).</li>
</ul>
</li>
<li><strong>SDG 4</strong>
<ul>
<li>Target 4.5: Eliminate gender disparities in education and ensure equal access to all levels of education and vocational training for the vulnerable (implied through mentoring and youth development programs).</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>Financial Overspending and Accountability</strong>
<ul>
<li>Amount of grant overspending (nearly $100,000) as a measure of financial management effectiveness.</li>
<li>Establishment and functioning of the Police Business Division as an institutional accountability indicator.</li>
</ul>
</li>
<li><strong>Child Labor Compliance</strong>
<ul>
<li>Number of child labor law violations identified (six instances) as an indicator of compliance with labor standards.</li>
<li>Implementation of policies prohibiting youth under age 14 from work activities.</li>
</ul>
</li>
<li><strong>Youth Safety and Crime Reduction</strong>
<ul>
<li>Reduction in violent crime rates among youth as an implied indicator of program effectiveness.</li>
<li>No complaints from clients about the mentoring services as a qualitative measure of service quality.</li>
</ul>
</li>
<li><strong>Mentoring Program Quality</strong>
<ul>
<li>Background checks completion rate for youth mentors (not fully completed previously) as an indicator of program safety and quality.</li>
<li>Shift from vendor-based to internal mentoring model as a process indicator for improved oversight.</li>
</ul>
</li>
</ol>
<h2>4. Table of SDGs, Targets and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 16: Peace, Justice and Strong Institutions</td>
<td>
<ul>
<li>16.6: Develop effective, accountable and transparent institutions</li>
<li>16.3: Promote rule of law and ensure equal access to justice</li>
</ul>
</td>
<td>
<ul>
<li>Grant overspending amount (~$100,000)</li>
<li>Establishment of Police Business Division</li>
<li>Audit findings on oversight</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.7: Eradicate child labor and forced labor</li>
</ul>
</td>
<td>
<ul>
<li>Number of child labor law violations (6 instances)</li>
<li>Policy prohibiting youth under 14 from work</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 3: Good Health and Well-being</td>
<td>
<ul>
<li>3.4: Reduce premature mortality and promote well-being</li>
</ul>
</td>
<td>
<ul>
<li>Reduction in violent crime rates among youth</li>
<li>Client complaints (none reported)</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 4: Quality Education</td>
<td>
<ul>
<li>4.5: Eliminate disparities and ensure equal access to education and vocational training</li>
</ul>
</td>
<td>
<ul>
<li>Completion of background checks for youth mentors</li>
<li>Transition to internal mentoring model</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.wsls.com/news/local/2026/03/13/audit-finds-roanoke-police-grant-overspending-child-labor-law-violations-in-youth-program/">wsls.com</a></strong></p>
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<title>GDP (Advance Estimate), 4th Quarter and Year 2025 – Bureau of Economic Analysis (BEA) (.gov)</title>
<link>https://sdgtalks.ai/gdp-advance-estimate-4th-quarter-and-year-2025-bureau-of-economic-analysis-bea-gov</link>
<guid>https://sdgtalks.ai/gdp-advance-estimate-4th-quarter-and-year-2025-bureau-of-economic-analysis-bea-gov</guid>
<description><![CDATA[ GDP (Advance Estimate), 4th Quarter and Year 2025  Bureau of Economic Analysis (BEA) (.gov) ]]></description>
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<pubDate>Sun, 22 Feb 2026 03:30:09 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>GDP, Advance, Estimate, 4th, Quarter, and, Year, 2025, –, Bureau, Economic, Analysis, BEA, .gov</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>U.S. Economic Performance in Q4 2025: A Sustainable Development Perspective</h2>
<h3>Overview of GDP Growth</h3>
<p>Real gross domestic product (GDP) in the United States increased at an annual rate of 1.4 percent in the fourth quarter of 2025 (October to December), according to the advance estimate released by the U.S. Bureau of Economic Analysis (BEA). This growth follows a robust 4.4 percent increase in the third quarter of 2025. The release was delayed due to the government shutdown in October–November 2025.</p>
<h3>Key Contributors to GDP Growth</h3>
<p>The increase in real GDP was primarily driven by:</p>
<ol>
<li><strong>Consumer Spending:</strong> Growth in services, especially health care and international travel, contributed significantly.</li>
<li><strong>Investment:</strong> Increases in intellectual property products, private inventory investment, and equipment, notably in research and development and information processing equipment.</li>
</ol>
<p>These positive contributions were partly offset by decreases in:</p>
<ul>
<li>Government spending, particularly federal government consumption expenditures.</li>
<li>Exports, influenced by adjustments in the treatment of precious metals used as investment.</li>
</ul>
<p>Imports decreased, which positively affected GDP calculations.</p>
<h3>Price Index and Inflation Measures</h3>
<ul>
<li>The price index for gross domestic purchases increased by 3.7 percent in Q4 2025, up from 3.4 percent in Q3.</li>
<li>The personal consumption expenditures (PCE) price index rose by 2.9 percent, slightly higher than the 2.8 percent increase in Q3.</li>
<li>Excluding food and energy, the PCE price index increased by 2.7 percent, a slight decrease from 2.9 percent in the previous quarter.</li>
</ul>
<h3>Annual GDP Performance for 2025</h3>
<p>Real GDP increased by 2.2 percent in 2025 compared to 2024, reflecting sustained growth in consumer spending and investment. The price index for gross domestic purchases rose by 2.6 percent, while the PCE price index also increased by 2.6 percent, consistent with the previous year.</p>
<h2>Alignment with Sustainable Development Goals (SDGs)</h2>
<h3>SDG 8: Decent Work and Economic Growth</h3>
<ul>
<li>The increase in consumer spending on health care services supports SDG 8 by promoting economic growth and employment in the health sector.</li>
<li>Investment in intellectual property and research and development fosters innovation, a key driver of sustainable economic growth.</li>
<li>Despite the government shutdown, efforts to maintain economic stability contribute to sustained growth and decent work opportunities.</li>
</ul>
<h3>SDG 9: Industry, Innovation, and Infrastructure</h3>
<ul>
<li>Growth in equipment investment, especially in information processing equipment, aligns with SDG 9 by enhancing infrastructure and fostering innovation.</li>
<li>Increased research and development investment supports technological progress and sustainable industrialization.</li>
</ul>
<h3>SDG 3: Good Health and Well-being</h3>
<ul>
<li>Increased consumer spending on health care services, including outpatient and hospital care, contributes to improved health outcomes and well-being.</li>
</ul>
<h3>SDG 12: Responsible Consumption and Production</h3>
<ul>
<li>The decrease in imports and adjustments in export data reflect efforts toward accurate economic accounting and sustainable trade practices.</li>
</ul>
<h2>Technical Notes and Data Considerations</h2>
<h3>Impact of Federal Government Shutdown</h3>
<p>The partial federal government shutdown from October 1 to November 12, 2025, led to furloughs and reduced federal government services, subtracting approximately 1.0 percentage point from real GDP growth in Q4. However, back pay to furloughed employees mitigated impacts on current-dollar federal compensation.</p>
<h3>Data Imputation for Missing Price Indexes</h3>
<p>Due to the shutdown, the Bureau of Labor Statistics (BLS) was unable to collect October 2025 Consumer Price Index (CPI) data. The BEA imputed missing price indexes by averaging September and November CPI data, ensuring continuity and reliability in inflation measurement.</p>
<h3>Sources of GDP Changes</h3>
<ul>
<li><strong>Consumer Spending:</strong> Increased services, particularly health care and international travel.</li>
<li><strong>Investment:</strong> Growth in intellectual property products (R&D), private inventories, and equipment (computers and peripherals).</li>
<li><strong>Government Spending:</strong> Declined due to reduced federal expenditures during the shutdown.</li>
<li><strong>Exports:</strong> Adjusted for investment-related precious metals transactions.</li>
</ul>
<h2>Summary of Key Economic Indicators (Q4 2025)</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>Indicator</th>
<th>Percent Change (SAAR)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Real GDP</td>
<td>1.4%</td>
</tr>
<tr>
<td>Current-dollar GDP</td>
<td>5.1%</td>
</tr>
<tr>
<td>Real final sales to private domestic purchasers</td>
<td>2.4%</td>
</tr>
<tr>
<td>Gross domestic purchases price index</td>
<td>3.7%</td>
</tr>
<tr>
<td>PCE price index</td>
<td>2.9%</td>
</tr>
<tr>
<td>PCE price index excluding food and energy</td>
<td>2.7%</td>
</tr>
</tbody>
</table>
<h2>Upcoming Releases and Data Access</h2>
<ul>
<li>Next GDP release (Second Estimate for Q4 2025 and Year 2025): March 13, 2026, at 8:30 a.m. EDT.</li>
<li>BEA has modernized its news release format to include direct links to interactive data tables, enhancing accessibility and transparency.</li>
<li>Historical and detailed data are available via BEA’s Interactive Data Application and Data Archive.</li>
</ul>
<h2>Conclusion</h2>
<p>The U.S. economy demonstrated moderate growth in the fourth quarter of 2025, supported by consumer spending and investment, despite challenges such as the federal government shutdown. These economic activities contribute to multiple Sustainable Development Goals, including promoting sustained economic growth, innovation, health, and responsible consumption. Continued monitoring and data transparency remain essential for informed policy-making aligned with sustainable development.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article discusses real GDP growth, consumer spending, investment, government spending, and employment data, all related to economic growth and labor market conditions.</li>
</ul>
</li>
<li><strong>SDG 9: Industry, Innovation, and Infrastructure</strong>
<ul>
<li>Increases in investment in intellectual property products, research and development (R&D), equipment, and manufacturing indicate innovation and industrial development.</li>
</ul>
</li>
<li><strong>SDG 17: Partnerships for the Goals</strong>
<ul>
<li>The article references data sharing and collaboration between government agencies (BEA, BLS, Census Bureau), reflecting partnerships and data transparency.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>Target 8.1: Sustain per capita economic growth in accordance with national circumstances.</li>
<li>Target 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation.</li>
<li>Target 8.5: Achieve full and productive employment and decent work for all women and men.</li>
</ul>
</li>
<li><strong>SDG 9: Industry, Innovation, and Infrastructure</strong>
<ul>
<li>Target 9.5: Enhance scientific research, upgrade technological capabilities, and encourage innovation.</li>
<li>Target 9.2: Promote inclusive and sustainable industrialization and, by 2030, raise industry’s share of employment and GDP.</li>
</ul>
</li>
<li><strong>SDG 17: Partnerships for the Goals</strong>
<ul>
<li>Target 17.18: Enhance capacity-building support to developing countries to increase significantly the availability of high-quality, timely and reliable data.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>SDG 8 Indicators</strong>
<ul>
<li>8.1.1: Annual growth rate of real GDP per capita.</li>
<li>8.5.2: Unemployment rate, by sex, age, and persons with disabilities.</li>
<li>Consumer spending growth rates and investment rates as economic activity measures.</li>
</ul>
</li>
<li><strong>SDG 9 Indicators</strong>
<ul>
<li>9.5.1: Research and development expenditure as a proportion of GDP.</li>
<li>Investment in intellectual property products and equipment as proxies for innovation and industrial capacity.</li>
</ul>
</li>
<li><strong>SDG 17 Indicators</strong>
<ul>
<li>17.18.1: Proportion of countries that have national statistical legislation that complies with the Fundamental Principles of Official Statistics.</li>
<li>Availability and accessibility of timely economic data (e.g., GDP estimates, price indexes) as shown by BEA’s data releases and improvements.</li>
</ul>
</li>
</ol>
<h2>4. Table: SDGs, Targets, and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>SDG 8: Decent Work and Economic Growth</strong></td>
<td>
<ul>
<li>8.1: Sustain per capita economic growth</li>
<li>8.3: Promote productive activities and decent job creation</li>
<li>8.5: Achieve full and productive employment</li>
</ul>
</td>
<td>
<ul>
<li>8.1.1: Annual growth rate of real GDP per capita</li>
<li>8.5.2: Unemployment rate by sex and age</li>
<li>Consumer spending and investment growth rates</li>
</ul>
</td>
</tr>
<tr>
<td><strong>SDG 9: Industry, Innovation, and Infrastructure</strong></td>
<td>
<ul>
<li>9.5: Enhance scientific research and technological capabilities</li>
<li>9.2: Promote inclusive and sustainable industrialization</li>
</ul>
</td>
<td>
<ul>
<li>9.5.1: R&D expenditure as proportion of GDP</li>
<li>Investment in intellectual property products, equipment, and manufacturing</li>
</ul>
</td>
</tr>
<tr>
<td><strong>SDG 17: Partnerships for the Goals</strong></td>
<td>
<ul>
<li>17.18: Enhance capacity-building for data availability and quality</li>
</ul>
</td>
<td>
<ul>
<li>17.18.1: Compliance with statistical principles and availability of timely economic data</li>
<li>BEA’s modernization and data transparency initiatives</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.bea.gov/news/2026/gdp-advance-estimate-4th-quarter-and-year-2025">bea.gov</a></strong></p>
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<title>SEA agri experts gather for idea exchanges – The Manila Times</title>
<link>https://sdgtalks.ai/sea-agri-experts-gather-for-idea-exchanges-the-manila-times</link>
<guid>https://sdgtalks.ai/sea-agri-experts-gather-for-idea-exchanges-the-manila-times</guid>
<description><![CDATA[ SEA agri experts gather for idea exchanges  The Manila Times ]]></description>
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<pubDate>Thu, 19 Feb 2026 09:30:12 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>SEA, agri, experts, gather, for, idea, exchanges, –, The, Manila, Times</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Southeast Asia Agricultural Outlook Series Inception Workshop Highlights Sustainable Development Goals</h2>
<h3>Workshop Overview</h3>
<p>The Southeast Asian Regional Center for Graduate Study and Research in Agriculture (Searca) conducted the Inception Workshop for the Southeast Asia Agricultural Outlook Series (SEA Agri Outlook Series) on January 26–27. The event gathered experts from 11 Southeast Asian countries to discuss and align on the focus, analytical methods, data sources, and report contents for the country studies.</p>
<h3>Objectives and Framework</h3>
<ul>
<li><strong>SEA Agri Outlook Series:</strong> A flagship publication designed to provide policy-relevant insights through a mixed-methods analytical framework integrating quantitative data, stakeholder engagement, and modeling tools.</li>
<li><strong>Focus on Sustainable Development Goals (SDGs):</strong> The series emphasizes systemic agricultural transformation to strengthen food security (SDG 2), reduce poverty (SDG 1), and promote sustainable development (SDG 12, SDG 13).</li>
<li><strong>Outputs:</strong> Country and regional reports, and an open-access database to support evidence-based policymaking.</li>
</ul>
<h3>Country Presentations and Collaborative Discussions</h3>
<p>Experts from the 11 countries presented overviews of their agricultural sectors, covering:</p>
<ol>
<li>Sector performance and transformation</li>
<li>Food and nutrition security status (SDG 2)</li>
<li>Major policies and programs supporting agricultural development aligned with SDGs</li>
</ol>
<p>They also proposed study methodologies, data requirements, and report structures to ensure coherence with the series’ objectives.</p>
<h3>Analytical Tools and Data Integration</h3>
<ul>
<li><strong>Computable General Equilibrium (CGE) Model and Agricultural Transformation Index (ATI):</strong> Presented by Angga Pradesha from the International Food Policy Research Institute (IFPRI), these tools support scenario analysis and policy evaluation to guide sustainable agricultural transformation.</li>
<li><strong>FAO Regional Foresight Report:</strong> Meeta Punjabi Mehta from the Food and Agriculture Organization Regional Office for Asia and the Pacific (FAO-RAP) offered to share critical data and scenario-based analyses to anticipate emerging food system challenges over the next 4–5 years, supporting SDG 2 and SDG 13.</li>
<li><strong>Southeast Asian Agricultural Statistics Database (SAASD):</strong> Introduced by Rochella Lapitan of Searca, SAASD is an open-access, interactive dashboard providing comprehensive agricultural data and visualizations to facilitate monitoring of agricultural transformation and sustainability.</li>
</ul>
<h3>Group Discussions on Agricultural Transformation</h3>
<p>Participants engaged in focused group discussions addressing:</p>
<ul>
<li>Current status and key drivers of agricultural transformation</li>
<li>Challenges and ongoing interventions</li>
<li>Review of existing policies, investments, and institutional reforms</li>
<li>Identification of additional policies required to accelerate and sustain transformation aligned with SDGs</li>
</ul>
<h3>Significance and Future Directions</h3>
<p>Searca Center Director Mercedita Sombilla emphasized the workshop’s role in generating vital inputs for regional cross-country analysis under the SEA Agri Outlook Series. She highlighted the collaborative nature of the initiative and its expected high relevance to Searca and participating governments in advancing sustainable agricultural development.</p>
<h3>Alignment with Searca’s Development Plan and SDGs</h3>
<p>The SEA Agri Outlook Series is firmly anchored in Searca’s 12th Five-Year Development Plan: Sustainable Transformation of Agricultural Systems through Innovation in Southeast Asia (SUSTAIN Southeast Asia). The initiative aims to accelerate sustainable transformation of agriculture and rural communities through:</p>
<ul>
<li>Innovation</li>
<li>Partnerships</li>
<li>Evidence-based policies</li>
</ul>
<p>This aligns directly with multiple Sustainable Development Goals, including:</p>
<ul>
<li><strong>SDG 1:</strong> No Poverty</li>
<li><strong>SDG 2:</strong> Zero Hunger</li>
<li><strong>SDG 12:</strong> Responsible Consumption and Production</li>
<li><strong>SDG 13:</strong> Climate Action</li>
<li><strong>SDG 17:</strong> Partnerships for the Goals</li>
</ul>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected to the Issues Highlighted in the Article</h2>
<ol>
<li><strong>SDG 2: Zero Hunger</strong>
<ul>
<li>The article focuses on agricultural performance, food security, and nutrition in Southeast Asia, directly relating to ending hunger and achieving food security.</li>
</ul>
</li>
<li><strong>SDG 1: No Poverty</strong>
<ul>
<li>Reducing poverty through agricultural transformation and rural development is emphasized in the article.</li>
</ul>
</li>
<li><strong>SDG 12: Responsible Consumption and Production</strong>
<ul>
<li>The article discusses sustainable agricultural transformation, which implies sustainable production practices.</li>
</ul>
</li>
<li><strong>SDG 13: Climate Action</strong>
<ul>
<li>Although not explicitly mentioned, the focus on sustainable agriculture and foresight for future challenges implies relevance to climate resilience and adaptation.</li>
</ul>
</li>
<li><strong>SDG 17: Partnerships for the Goals</strong>
<ul>
<li>The article highlights collaboration among Southeast Asian countries, international organizations, and experts, reflecting partnerships to achieve sustainable development.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified Based on the Article’s Content</h2>
<ol>
<li><strong>SDG 2: Zero Hunger</strong>
<ul>
<li>Target 2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers.</li>
<li>Target 2.4: Ensure sustainable food production systems and implement resilient agricultural practices.</li>
<li>Target 2.1: End hunger and ensure access by all people to safe, nutritious, and sufficient food.</li>
</ul>
</li>
<li><strong>SDG 1: No Poverty</strong>
<ul>
<li>Target 1.2: Reduce at least by half the proportion of men, women, and children living in poverty in all its dimensions.</li>
</ul>
</li>
<li><strong>SDG 12: Responsible Consumption and Production</strong>
<ul>
<li>Target 12.2: Achieve the sustainable management and efficient use of natural resources.</li>
</ul>
</li>
<li><strong>SDG 13: Climate Action</strong>
<ul>
<li>Target 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters.</li>
</ul>
</li>
<li><strong>SDG 17: Partnerships for the Goals</strong>
<ul>
<li>Target 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied in the Article to Measure Progress Towards the Identified Targets</h2>
<ol>
<li><strong>Agricultural Transformation Index (ATI)</strong>
<ul>
<li>Presented by IFPRI, ATI is a composite indicator measuring agricultural transformation progress, including productivity, diversification, and sustainability.</li>
</ul>
</li>
<li><strong>Computable General Equilibrium (CGE) Model Analyses</strong>
<ul>
<li>Used to analyze economic impacts and scenarios related to agricultural policies and transformation.</li>
</ul>
</li>
<li><strong>Southeast Asian Agricultural Statistics Database (SAASD)</strong>
<ul>
<li>An open-access database providing data on agricultural trends, sector performance, food security, and nutrition, supporting measurement of progress.</li>
</ul>
</li>
<li><strong>Scenario-based Analyses and Horizon Scanning</strong>
<ul>
<li>Used by FAO-RAP to identify emerging challenges and assess future food system directions, indirectly supporting monitoring of resilience and sustainability indicators.</li>
</ul>
</li>
</ol>
<h2>4. Table of SDGs, Targets, and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 2: Zero Hunger</td>
<td>
<ul>
<li>2.1 End hunger and ensure access to safe, nutritious food</li>
<li>2.3 Double agricultural productivity and incomes of small-scale producers</li>
<li>2.4 Ensure sustainable food production systems</li>
</ul>
</td>
<td>
<ul>
<li>Agricultural Transformation Index (ATI)</li>
<li>Southeast Asian Agricultural Statistics Database (SAASD)</li>
<li>Computable General Equilibrium (CGE) model analyses</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 1: No Poverty</td>
<td>
<ul>
<li>1.2 Reduce poverty in all its dimensions</li>
</ul>
</td>
<td>
<ul>
<li>Agricultural Transformation Index (ATI) (income-related measures)</li>
<li>Country-level agricultural and rural development data from SAASD</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 12: Responsible Consumption and Production</td>
<td>
<ul>
<li>12.2 Sustainable management and efficient use of natural resources</li>
</ul>
</td>
<td>
<ul>
<li>Indicators related to sustainable agricultural practices in ATI and SAASD</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 13: Climate Action</td>
<td>
<ul>
<li>13.1 Strengthen resilience and adaptive capacity to climate-related hazards</li>
</ul>
</td>
<td>
<ul>
<li>Scenario-based analyses and horizon scanning by FAO-RAP</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 17: Partnerships for the Goals</td>
<td>
<ul>
<li>17.16 Enhance global partnerships for sustainable development</li>
</ul>
</td>
<td>
<ul>
<li>Collaborative data sharing and joint research initiatives (implied indicator of partnership effectiveness)</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.manilatimes.net/2026/02/19/business/agribusiness/sea-agri-experts-gather-for-idea-exchanges/2280176">manilatimes.net</a></strong></p>
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<item>
<title>AI Data Center Expansion Poses High Risk of Child Labor Issues – Bloomberg Law News</title>
<link>https://sdgtalks.ai/ai-data-center-expansion-poses-high-risk-of-child-labor-issues-bloomberg-law-news</link>
<guid>https://sdgtalks.ai/ai-data-center-expansion-poses-high-risk-of-child-labor-issues-bloomberg-law-news</guid>
<description><![CDATA[ AI Data Center Expansion Poses High Risk of Child Labor Issues  Bloomberg Law News ]]></description>
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<pubDate>Sat, 14 Feb 2026 03:30:11 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>Data, Center, Expansion, Poses, High, Risk, Child, Labor, Issues, –, Bloomberg, Law, News</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Report on AI Data Center Expansion and Child Labor Risks: Emphasizing Sustainable Development Goals</h2>
<h3>Introduction</h3>
<p>Artificial intelligence (AI) companies in the United States are investing billions of dollars to expand data center infrastructure, promising significant economic benefits such as job creation, tax revenue, and infrastructure development. However, this rapid expansion raises critical concerns related to child labor exploitation and abuse, issues that align closely with the United Nations Sustainable Development Goals (SDGs), particularly SDG 8 (Decent Work and Economic Growth), SDG 16 (Peace, Justice and Strong Institutions), and SDG 4 (Quality Education).</p>
<h2>Investment and Impacts on Children</h2>
<p>Major US technology platforms have committed tens of billions of dollars to build AI-ready data centers across multiple states including Georgia, Virginia, Ohio, Arizona, Oregon, and Washington. The $500 billion Stargate initiative and other AI companies have pledged investments exceeding $1.4 trillion in infrastructure projects nationwide.</p>
<p>While companies focus on how AI products affect children digitally, less attention is given to the foundational risks of child labor within domestic operations such as data center construction. The rapid expansion creates conditions that may increase risks for children, including:</p>
<ul>
<li>Heightened demand for low-cost labor</li>
<li>Extensive construction and hazardous work environments</li>
<li>Overnight and third-shift work schedules</li>
<li>Heavy reliance on subcontractors and labor brokers</li>
</ul>
<p>These factors contribute to a 31% increase in child labor violations reported by the U.S. Department of Labor between 2019 and 2024. Child labor in hazardous conditions risks physical injury, psychological trauma, and exploitation, undermining children’s access to education and health care, thus perpetuating poverty — directly contravening SDG 1 (No Poverty) and SDG 3 (Good Health and Well-being).</p>
<h2>Regulatory Environment and Enforcement Challenges</h2>
<p>The surge in child labor risks coincides with reduced enforcement of corporate sustainability and human rights obligations by federal and some state regulators. This weakened oversight environment may discourage companies from prioritizing compliance with human rights standards, increasing the likelihood of undetected violations.</p>
<p>When violations surface, often through whistleblowers or media investigations, companies face severe consequences including lawsuits, monetary penalties, and reputational damage, which can erode trust and business value. For example, investigations in 2023 revealed illegal child labor in food processing sectors involving hazardous overnight shifts and dangerous tasks, highlighting the risks of lax enforcement.</p>
<p>This regulatory gap undermines SDG 16 by weakening institutions responsible for protecting human rights and ensuring justice.</p>
<h2>Compliance Standards and Due Diligence Framework</h2>
<p>Effective mitigation of child labor risks requires robust compliance frameworks, such as UNICEF USA’s <a href="https://www.unicefusa.org/invisible-hands">Child Labor Compliance Framework</a>, which aligns with international standards including the United Nations <a href="https://www.ohchr.org/sites/default/files/documents/publications/guidingprinciplesbusinesshr_en.pdf">Guiding Principles on Business and Human Rights</a> and U.S. Department of Labor guidance.</p>
<ol>
<li>Risk-based assessments tailored to company operations and business relationships</li>
<li>Enforceable controls over subcontractors and labor brokers</li>
<li>Ongoing monitoring and auditing mechanisms</li>
<li>Remediation processes centered on the best interests of the child</li>
</ol>
<p>For data center construction, due diligence should address:</p>
<ul>
<li>Labor sourcing across subcontracting tiers</li>
<li>Use of staffing agencies and labor brokers</li>
<li>Hazardous or overnight work conditions</li>
<li>Age verification practices</li>
<li>Local labor market conditions</li>
</ul>
<p>These measures support SDG 8 by promoting decent work conditions and SDG 10 (Reduced Inequalities) by protecting vulnerable children from exploitation.</p>
<h2>Key Takeaways and Recommendations</h2>
<ul>
<li>The focus on AI’s digital impact on children must be expanded to include the physical labor conditions underpinning AI infrastructure development.</li>
<li>Companies must proactively identify and mitigate child labor risks to uphold children’s rights and comply with legal obligations.</li>
<li>Implementing child-centered policies and strong due diligence enhances corporate reputation and long-term business sustainability.</li>
<li>Strengthening regulatory enforcement and corporate governance is essential to prevent child labor violations and align with SDG 16.</li>
<li>Protecting children’s rights during AI infrastructure expansion contributes to achieving multiple SDGs, including SDG 4, SDG 8, SDG 10, and SDG 16.</li>
</ul>
<h2>Author Information</h2>
<p><a href="https://www.steptoe.com/en/lawyers/jonathan-c-drimmer.html">Jonathan Drimmer</a> is a partner at Steptoe in Washington, DC, co-leading the firm’s business and human rights practice.</p>
<p><a href="https://www.unicefusa.org/about-unicef-usa/leadership/leadership-team/jess-leinwand">Jessica Leinwand</a> serves as general counsel of UNICEF USA and is an adjunct professor on child rights and business at American University’s Washington College of Law.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected to the Issues Highlighted in the Article</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article discusses child labor exploitation risks in data center construction and related industries, highlighting the need for decent work conditions and the elimination of child labor.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong>
<ul>
<li>Issues of regulatory enforcement, legal compliance, and corporate governance are raised, emphasizing the importance of strong institutions and rule of law to protect children’s rights.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>The article notes that child labor prevents access to education, perpetuating cycles of poverty.</li>
</ul>
</li>
<li><strong>SDG 3: Good Health and Well-being</strong>
<ul>
<li>Child labor risks include bodily injury and psychological trauma, linking to the goal of ensuring healthy lives and promoting well-being.</li>
</ul>
</li>
<li><strong>SDG 10: Reduced Inequalities</strong>
<ul>
<li>The article highlights vulnerabilities of children from marginalized communities, indicating the need to reduce inequalities.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified Based on the Article’s Content</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>Target 8.7: Take immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking, and secure the prohibition and elimination of the worst forms of child labor.</li>
<li>Target 8.8: Protect labor rights and promote safe and secure working environments for all workers.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong>
<ul>
<li>Target 16.6: Develop effective, accountable, and transparent institutions at all levels.</li>
<li>Target 16.3: Promote the rule of law at the national and international levels and ensure equal access to justice for all.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>Target 4.1: Ensure that all girls and boys complete free, equitable, and quality primary and secondary education.</li>
</ul>
</li>
<li><strong>SDG 3: Good Health and Well-being</strong>
<ul>
<li>Target 3.9: Reduce the number of deaths and illnesses from hazardous chemicals and air, water and soil pollution and contamination.</li>
</ul>
</li>
<li><strong>SDG 10: Reduced Inequalities</strong>
<ul>
<li>Target 10.2: Empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied in the Article to Measure Progress Towards the Identified Targets</h2>
<ol>
<li><strong>Indicator for Target 8.7:</strong>
<ul>
<li>Prevalence of child labor, as reported by the US Department of Labor showing a 31% increase in child labor violations between 2019 and 2024.</li>
</ul>
</li>
<li><strong>Indicator for Target 8.8:</strong>
<ul>
<li>Number of enforcement actions and regulatory penalties related to labor violations, including child labor in hazardous work environments.</li>
<li>Implementation of child labor compliance frameworks and due diligence processes in companies.</li>
</ul>
</li>
<li><strong>Indicator for Target 16.6 and 16.3:</strong>
<ul>
<li>Effectiveness of regulatory enforcement and corporate governance mechanisms in preventing child labor violations.</li>
<li>Number of legal cases, consent orders, and public scrutiny incidents related to child labor violations.</li>
</ul>
</li>
<li><strong>Indicator for Target 4.1:</strong>
<ul>
<li>Access to education rates among children in communities affected by labor exploitation.</li>
</ul>
</li>
<li><strong>Indicator for Target 3.9:</strong>
<ul>
<li>Incidence of injuries and health issues among child laborers in hazardous work environments.</li>
</ul>
</li>
<li><strong>Indicator for Target 10.2:</strong>
<ul>
<li>Measures of social and economic inclusion of vulnerable children, including those at risk of labor exploitation.</li>
</ul>
</li>
</ol>
<h2>4. Table of SDGs, Targets, and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.7: Eradicate forced labor and worst forms of child labor</li>
<li>8.8: Protect labor rights and promote safe working environments</li>
</ul>
</td>
<td>
<ul>
<li>Prevalence of child labor (e.g., 31% increase reported by US Department of Labor)</li>
<li>Number of enforcement actions and penalties for labor violations</li>
<li>Implementation of child labor compliance frameworks</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 16: Peace, Justice and Strong Institutions</td>
<td>
<ul>
<li>16.6: Develop effective, accountable, transparent institutions</li>
<li>16.3: Promote rule of law and equal access to justice</li>
</ul>
</td>
<td>
<ul>
<li>Effectiveness of regulatory enforcement and corporate governance</li>
<li>Number of legal cases, consent orders, and public scrutiny incidents</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 4: Quality Education</td>
<td>
<ul>
<li>4.1: Ensure completion of free, equitable, quality primary and secondary education</li>
</ul>
</td>
<td>
<ul>
<li>Access to education rates among children affected by labor exploitation</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 3: Good Health and Well-being</td>
<td>
<ul>
<li>3.9: Reduce deaths and illnesses from hazardous chemicals and pollution</li>
</ul>
</td>
<td>
<ul>
<li>Incidence of injuries and health issues among child laborers in hazardous work</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 10: Reduced Inequalities</td>
<td>
<ul>
<li>10.2: Promote social, economic, and political inclusion of all</li>
</ul>
</td>
<td>
<ul>
<li>Measures of social and economic inclusion of vulnerable children at risk of exploitation</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://news.bloomberglaw.com/legal-exchange-insights-and-commentary/ai-data-center-expansion-poses-high-risk-of-child-labor-issues">news.bloomberglaw.com</a></strong></p>
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<item>
<title>What Makes Jobs Policies Work? The OECD’s Guide to Improving Labour Market Programmes – Devdiscourse</title>
<link>https://sdgtalks.ai/what-makes-jobs-policies-work-the-oecds-guide-to-improving-labour-market-programmes-devdiscourse</link>
<guid>https://sdgtalks.ai/what-makes-jobs-policies-work-the-oecds-guide-to-improving-labour-market-programmes-devdiscourse</guid>
<description><![CDATA[ What Makes Jobs Policies Work? The OECD’s Guide to Improving Labour Market Programmes  Devdiscourse ]]></description>
<enclosure url="https://www.devdiscourse.com/remote.axd" length="49398" type="image/jpeg"/>
<pubDate>Sat, 14 Feb 2026 03:30:11 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>What, Makes, Jobs, Policies, Work, The, OECD’s, Guide, Improving, Labour, Market, Programmes, –, Devdiscourse</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Report on Active Labour Market Policies and Sustainable Development Goals</h2>
<div><img decoding="async" src="https://www.devdiscourse.com/remote.axd?https://devdiscourse.blob.core.windows.net/devnews/10_02_2026_09_00_44_2610551.png?width=920&format=jpeg" alt="Active Labour Market Policies"></div>
<h3>Introduction: Context and Importance of ALMPs</h3>
<p>As economies undergo rapid technological changes, face population ageing, and accelerate the green transition, governments are investing significantly in Active Labour Market Policies (ALMPs) to support employment. These policies, which include training programmes, job-search assistance, wage subsidies, and entrepreneurship support, are fundamental to employment strategies across OECD countries. In 2022, OECD members invested on average 0.43% of GDP in ALMPs.</p>
<p>Given the substantial public investment, the focus has shifted from merely assessing whether these programmes work to understanding how and why they succeed or fail in practice. This report is based on a new OECD working paper by Sofia Dromundo and Olga Rastrigina, developed with support from the European Union and collaboration with public employment services, policymakers, and social partners.</p>
<h2>Emphasizing Sustainable Development Goals (SDGs)</h2>
<p>Active Labour Market Policies contribute directly to several SDGs, including:</p>
<ol>
<li><strong>SDG 8:</strong> Decent Work and Economic Growth – by promoting employment and inclusive economic participation.</li>
<li><strong>SDG 4:</strong> Quality Education – through training and skills development programmes.</li>
<li><strong>SDG 10:</strong> Reduced Inequalities – by targeting vulnerable groups and ensuring equal access to employment opportunities.</li>
<li><strong>SDG 3:</strong> Good Health and Well-being – by integrating health support in employment services.</li>
<li><strong>SDG 17:</strong> Partnerships for the Goals – through collaboration among governments, employers, and social partners.</li>
</ol>
<h3>Beyond the Numbers: Limitations of Traditional Evaluation Methods</h3>
<p>Traditional evaluations of ALMPs have primarily relied on quantitative methods such as counterfactual impact studies. These methods assess whether participants are more likely to find jobs or earn higher wages compared to non-participants. While these evaluations have provided valuable insights—such as the medium-term benefits of training and the short-term effects of job-search assistance—they fall short in explaining the practical implementation and contextual factors influencing success.</p>
<p>Quantitative data alone do not reveal how programmes are designed, how frontline staff engage with jobseekers, or why outcomes vary across regions. To address these gaps, a qualitative assessment approach is necessary.</p>
<h3>A Practical Framework for Qualitative Assessment</h3>
<p>The OECD proposes a structured qualitative framework that complements quantitative evaluations by focusing on real-world implementation. Key features include:</p>
<ul>
<li>Self-assessment by programme designers and delivery staff describing operational details.</li>
<li>External assessment by independent experts applying consistent benchmarks.</li>
<li>Use of scores as learning tools rather than for ranking or competition.</li>
<li>Facilitation of reflection on strengths, weaknesses, and areas for improvement.</li>
</ul>
<p>This approach fosters continuous learning and adaptation, aligning with the SDG commitment to inclusive and effective institutions (SDG 16).</p>
<h3>Eight Building Blocks of Effective Labour Market Programmes</h3>
<p>The framework identifies eight essential criteria for successful ALMPs, which align with multiple SDGs by promoting inclusive and sustainable employment:</p>
<ol>
<li><strong>Evidence-Based Design:</strong> Programmes grounded in data and research to ensure effectiveness.</li>
<li><strong>Smart Engagement of Service Providers:</strong> Efficient collaboration among stakeholders.</li>
<li><strong>Proactive Outreach to Vulnerable Groups:</strong> Ensuring access for marginalized populations, supporting SDG 10.</li>
<li><strong>Careful Assessment and Referral:</strong> Tailoring support to individual needs.</li>
<li><strong>Integrated Support Services:</strong> Combining employment, social, health, and education assistance to address multiple barriers (SDG 3 and SDG 4).</li>
<li><strong>Strong Case Management and Follow-Up:</strong> Sustaining employment outcomes and preventing relapse into unemployment.</li>
<li><strong>Partnerships with Employers:</strong> Aligning training with labour market demands, fostering SDG 17.</li>
<li><strong>Continuous Monitoring and Evaluation:</strong> Creating feedback loops for programme adaptation and improvement.</li>
</ol>
<h3>Significance of the Approach in Current Context</h3>
<p>The OECD paper advocates for the routine integration of qualitative assessment in labour market policymaking. This approach:</p>
<ul>
<li>Bridges the gap between policy design and delivery.</li>
<li>Enables governments to learn from practical experiences and adapt programmes to diverse contexts.</li>
<li>Facilitates sharing of best practices across regions and countries.</li>
<li>Supports efficient use of public funds amid fast-changing labour markets and budget constraints.</li>
<li>Ensures ALMPs deliver sustainable benefits for workers, employers, and society, advancing the achievement of SDGs.</li>
</ul>
<h2>Conclusion</h2>
<p>Active Labour Market Policies are critical tools in achieving sustainable development by promoting inclusive employment, reducing inequalities, and fostering economic growth. The OECD’s qualitative assessment framework enhances understanding of these policies’ practical implementation, supporting continuous improvement and alignment with the Sustainable Development Goals. Governments and stakeholders are encouraged to adopt this approach to maximize the impact of ALMPs in the evolving global labour market.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article focuses on active labour market policies (ALMPs) aimed at helping people find and keep jobs, which aligns directly with SDG 8’s goal to promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>Training programmes and skill development mentioned in the article relate to SDG 4, which aims to ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.</li>
</ul>
</li>
<li><strong>SDG 10: Reduced Inequalities</strong>
<ul>
<li>The article highlights proactive outreach to vulnerable groups and integrated support addressing multiple barriers, which connects to SDG 10’s target to reduce inequality within and among countries.</li>
</ul>
</li>
<li><strong>SDG 17: Partnerships for the Goals</strong>
<ul>
<li>Partnerships with employers and collaboration among policymakers, social partners, and public employment services relate to SDG 17, which emphasizes strengthening the means of implementation and revitalizing global partnerships.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified</h2>
<ol>
<li><strong>SDG 8 Targets</strong>
<ul>
<li>Target 8.5: Achieve full and productive employment and decent work for all women and men, including young people and persons with disabilities, and equal pay for work of equal value.</li>
<li>Target 8.6: Reduce the proportion of youth not in employment, education, or training.</li>
<li>Target 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation.</li>
</ul>
</li>
<li><strong>SDG 4 Targets</strong>
<ul>
<li>Target 4.4: Increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs, and entrepreneurship.</li>
</ul>
</li>
<li><strong>SDG 10 Targets</strong>
<ul>
<li>Target 10.2: Empower and promote the social, economic, and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion, or economic or other status.</li>
</ul>
</li>
<li><strong>SDG 17 Targets</strong>
<ul>
<li>Target 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology, and financial resources.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>Employment and Earnings Outcomes</strong>
<ul>
<li>Indicators measuring whether participants find jobs or earn higher wages compared to non-participants (implied in quantitative evaluations).</li>
</ul>
</li>
<li><strong>Participation Rates in Training and Job-Search Assistance</strong>
<ul>
<li>Indicators related to the number and proportion of people participating in training programmes and job-search assistance.</li>
</ul>
</li>
<li><strong>Outreach to Vulnerable Groups</strong>
<ul>
<li>Indicators assessing the extent and effectiveness of proactive outreach to vulnerable populations facing barriers such as low skills or health issues.</li>
</ul>
</li>
<li><strong>Programme Implementation Quality</strong>
<ul>
<li>Qualitative indicators from self-assessment and external assessment frameworks measuring evidence-based design, case management, integrated support, partnerships, and continuous monitoring.</li>
</ul>
</li>
<li><strong>Follow-up Support and Sustained Employment</strong>
<ul>
<li>Indicators tracking follow-up support after employment and the sustainability of job retention.</li>
</ul>
</li>
</ol>
<h2>4. Table: SDGs, Targets and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.3: Promote policies supporting decent job creation and entrepreneurship</li>
<li>8.5: Achieve full and productive employment and decent work for all</li>
<li>8.6: Reduce youth not in employment, education, or training</li>
</ul>
</td>
<td>
<ul>
<li>Employment rates of programme participants vs. non-participants</li>
<li>Wage levels of participants compared to non-participants</li>
<li>Participation rates in ALMPs</li>
<li>Job retention and follow-up support effectiveness</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 4: Quality Education</td>
<td>
<ul>
<li>4.4: Increase relevant skills for employment and entrepreneurship</li>
</ul>
</td>
<td>
<ul>
<li>Number of participants completing training programmes</li>
<li>Skill acquisition and certification rates</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 10: Reduced Inequalities</td>
<td>
<ul>
<li>10.2: Promote social and economic inclusion of all</li>
</ul>
</td>
<td>
<ul>
<li>Outreach and participation rates of vulnerable groups</li>
<li>Access to integrated support services</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 17: Partnerships for the Goals</td>
<td>
<ul>
<li>17.16: Enhance multi-stakeholder partnerships</li>
</ul>
</td>
<td>
<ul>
<li>Number and quality of partnerships with employers and social partners</li>
<li>Effectiveness of collaboration in programme design and delivery</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.devdiscourse.com/article/other/3799120-what-makes-jobs-policies-work-the-oecds-guide-to-improving-labour-market-programmes">devdiscourse.com</a></strong></p>
<p> </p>]]> </content:encoded>
</item>

<item>
<title>Wisconsin demands $1M from Burger King franchisee over 1,600 alleged child labor, wage violations – Fox Business</title>
<link>https://sdgtalks.ai/wisconsin-demands-1m-from-burger-king-franchisee-over-1600-alleged-child-labor-wage-violations-fox-business</link>
<guid>https://sdgtalks.ai/wisconsin-demands-1m-from-burger-king-franchisee-over-1600-alleged-child-labor-wage-violations-fox-business</guid>
<description><![CDATA[ Wisconsin demands $1M from Burger King franchisee over 1,600 alleged child labor, wage violations  Fox Business ]]></description>
<enclosure url="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/02/931/523/wisconsin-burger-king.jpg" length="49398" type="image/jpeg"/>
<pubDate>Thu, 12 Feb 2026 15:30:13 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>Wisconsin, demands, 1M, from, Burger, King, franchisee, over, 1, 600, alleged, child, labor, wage, violations, –, Fox, Business</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Report on Child Labor Violations by Burger King Franchisee in Wisconsin</h2>
<h3>Overview of Violations and Legal Actions</h3>
<p>The Wisconsin Department of Workforce Development (DWD) has identified over 1,600 child labor and wage violations committed by Cave Enterprises Operations LLC, an Illinois-based company operating 105 Burger King franchises in Wisconsin. This case represents the largest determination of child labor and wage payment violations in modern Wisconsin history.</p>
<h3>Details of Violations</h3>
<ul>
<li>At least 1,656 violations of state child labor and wage payment laws were recorded over a two-year period ending January 2025.</li>
<li>More than 600 minors were affected, including:</li>
<ul>
<li>593 employees aged 14 and 15 started work without required child labor permits.</li>
<li>627 minors worked shifts of six hours or more without legally mandated meal breaks.</li>
<li>Hundreds of minors under 16 worked outside permitted hours or exceeded limits for school-age workers.</li>
</ul>
</ul>
<h3>Financial Penalties and Compensation</h3>
<ol>
<li>Cave Enterprises must pay $237,437.29 in unpaid regular wages, overtime, and penalty wages to affected employees.</li>
<li>Workers are entitled to liquidated damages up to 200% of lost wages under state law.</li>
<li>DWD seeks civil penalties up to $828,000, calculated at $500 per violation, bringing total potential exposure to over $1 million.</li>
</ol>
<h3>Government Response and Enforcement</h3>
<ul>
<li>Governor Tony Evers emphasized the state’s commitment to protecting minors from exploitation and hazardous working conditions, aligning with Sustainable Development Goal (SDG) 8: Decent Work and Economic Growth.</li>
<li>DWD’s Equal Rights Division initiated the investigation following 33 complaints between 2020 and 2023.</li>
<li>The agency has offered to resolve the matter without court action if Cave Enterprises pays owed wages and penalties within 20 days.</li>
<li>Failure to comply will result in enforcement through the Wisconsin Department of Justice and possible court rulings.</li>
<li>Cave Enterprises is ordered to immediately comply with Wisconsin’s Employment of Minors laws to prevent future violations.</li>
</ul>
<h3>Significance in Relation to Sustainable Development Goals (SDGs)</h3>
<p>This enforcement action highlights critical aspects of the United Nations Sustainable Development Goals, particularly:</p>
<ul>
<li><strong>SDG 8: Decent Work and Economic Growth</strong> – Ensuring safe and fair labor practices for young workers and promoting sustained, inclusive economic growth.</li>
<li><strong>SDG 4: Quality Education</strong> – Protecting minors from excessive work hours that interfere with their education.</li>
<li><strong>SDG 16: Peace, Justice, and Strong Institutions</strong> – Upholding labor laws and promoting justice through effective enforcement mechanisms.</li>
</ul>
<h3>Conclusion</h3>
<p>The case against Cave Enterprises Operations LLC underscores the importance of rigorous enforcement of child labor laws to protect vulnerable youth and uphold labor rights. It serves as a significant example of state-level commitment to the Sustainable Development Goals by promoting decent work conditions, protecting children’s rights, and ensuring legal accountability for employers.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article focuses on child labor violations and wage payment issues, directly relating to promoting decent work conditions and protecting labor rights.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice, and Strong Institutions</strong>
<ul>
<li>The enforcement actions by Wisconsin officials and the Department of Workforce Development reflect the role of strong institutions in ensuring justice and accountability.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>Issues related to minors working outside permitted hours or exceeding limits for school-age workers imply concerns about balancing work and education.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li><em>Target 8.7:</em> Take immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking, and secure the prohibition and elimination of the worst forms of child labor.</li>
<li><em>Target 8.5:</em> Achieve full and productive employment and decent work for all women and men, including young people and persons with disabilities, and equal pay for work of equal value.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice, and Strong Institutions</strong>
<ul>
<li><em>Target 16.3:</em> Promote the rule of law at the national and international levels and ensure equal access to justice for all.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li><em>Target 4.1:</em> Ensure that all girls and boys complete free, equitable and quality primary and secondary education.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>For SDG 8 Targets:</strong>
<ul>
<li>Number of child labor violations recorded (e.g., 1,656 violations reported).</li>
<li>Number of minors employed without required permits (593 employees aged 14 and 15 without permits).</li>
<li>Number of minors working beyond legally permitted hours or without required breaks (627 minors worked shifts of six hours or more without meal breaks).</li>
<li>Amount of unpaid wages and penalties recovered ($237,437.29 in unpaid wages plus civil penalties up to $828,000).</li>
</ul>
</li>
<li><strong>For SDG 16 Targets:</strong>
<ul>
<li>Number of enforcement actions and legal proceedings initiated against violations.</li>
<li>Compliance rate of companies with labor laws after enforcement actions.</li>
</ul>
</li>
<li><strong>For SDG 4 Targets:</strong>
<ul>
<li>Incidence of minors working outside permitted hours that may interfere with schooling.</li>
<li>Number of violations related to school-age workers exceeding work limits.</li>
</ul>
</li>
</ol>
<h2>4. Table: SDGs, Targets and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.7: Eradicate child labor and forced labor.</li>
<li>8.5: Achieve decent work and equal pay for all.</li>
</ul>
</td>
<td>
<ul>
<li>Number of child labor violations (1,656 violations).</li>
<li>Number of minors employed without permits (593 cases).</li>
<li>Number of minors working without required breaks or outside permitted hours (627 cases).</li>
<li>Amount of unpaid wages and penalties recovered ($237,437.29 wages + $828,000 penalties).</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 16: Peace, Justice, and Strong Institutions</td>
<td>
<ul>
<li>16.3: Promote rule of law and ensure equal access to justice.</li>
</ul>
</td>
<td>
<ul>
<li>Number of enforcement actions initiated.</li>
<li>Compliance rate following enforcement.</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 4: Quality Education</td>
<td>
<ul>
<li>4.1: Ensure completion of quality primary and secondary education.</li>
</ul>
</td>
<td>
<ul>
<li>Incidence of minors working outside permitted hours affecting schooling.</li>
<li>Number of violations related to school-age workers exceeding work limits.</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.foxbusiness.com/lifestyle/wisconsin-demands-1m-burger-king-franchisee-1600-alleged-child-labor-wage-violations">foxbusiness.com</a></strong></p>
<p> </p>]]> </content:encoded>
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<item>
<title>Burger King franchise group accused of hundreds of child labor violations at Wisconsin restaurants – WISN</title>
<link>https://sdgtalks.ai/burger-king-franchise-group-accused-of-hundreds-of-child-labor-violations-at-wisconsin-restaurants-wisn</link>
<guid>https://sdgtalks.ai/burger-king-franchise-group-accused-of-hundreds-of-child-labor-violations-at-wisconsin-restaurants-wisn</guid>
<description><![CDATA[ Burger King franchise group accused of hundreds of child labor violations at Wisconsin restaurants  WISN ]]></description>
<enclosure url="https://kubrick.htvapps.com/vidthumb/7c45d87b-8a23-4c84-86c1-b03a7407394a/26d2133b-8a6a-46c4-9efd-6efb3344791d.jpg" length="49398" type="image/jpeg"/>
<pubDate>Sun, 08 Feb 2026 03:30:11 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>Burger, King, franchise, group, accused, hundreds, child, labor, violations, Wisconsin, restaurants, –, WISN</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Report on Child Labor Violations at Wisconsin Burger King Franchise</h2>
<h3>Overview of Violations</h3>
<p>Governor Tony Evers announced that a Wisconsin Burger King franchise owner, Cave Enterprises, committed 1,656 violations of child labor and wage payment laws over a two-year period across the state. These infractions represent the largest number of such violations in modern Wisconsin history.</p>
<h3>Details of Violations</h3>
<ul>
<li>Employment of 14 and 15-year-olds without child labor permits.</li>
<li>Minors working shifts of six hours or longer without the legally required breaks.</li>
<li>Children under 16 working outside permitted hours for school-age workers.</li>
<li>Minors working more hours than legally allowed.</li>
</ul>
<h3>Impact on Youth and Families</h3>
<p>More than 600 children were affected by these violations between 2023 and 2025. The infractions undermine protections designed to safeguard young workers’ health, education, and well-being, which are critical components of the United Nations Sustainable Development Goals (SDGs), particularly:</p>
<ol>
<li><strong>SDG 8:</strong> Decent Work and Economic Growth – ensuring safe and fair working conditions for all workers, including youth.</li>
<li><strong>SDG 4:</strong> Quality Education – protecting children’s right to education by regulating work hours.</li>
<li><strong>SDG 3:</strong> Good Health and Well-being – promoting safe workplaces to protect young workers’ health.</li>
</ol>
<h3>Government Response and Enforcement</h3>
<ul>
<li>The Wisconsin Department of Workforce Development (DWD) has ordered Cave Enterprises to pay over $237,000 in unpaid wages to affected employees.</li>
<li>Penalties totaling up to $828,000 have been imposed, calculated at $500 per violation for the 1,656 infractions.</li>
<li>Governor Evers emphasized his administration’s commitment to combating fraud and abuse impacting Wisconsin workers, especially children, to ensure labor laws effectively protect families and communities.</li>
</ul>
<h3>Statements from Officials</h3>
<p>DWD Secretary Amy Pechacek stated, “For kids who choose to work, child labor laws provide essential protection to ensure that they can continue to do well in school and enjoy the best parts about growing up in Wisconsin while staying safe in the workplace.”</p>
<h3>Conclusion</h3>
<p>This case highlights the critical importance of enforcing child labor laws in alignment with the Sustainable Development Goals to protect young workers’ rights, promote safe working environments, and support their education and well-being. Continued vigilance and enforcement are essential to uphold these standards across all industries in Wisconsin.</p>
<p>For further information, the full press release is available <a href="https://content.govdelivery.com/accounts/WIGOV/bulletins/407862e" target="_blank" rel="nofollow">here</a>.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article discusses violations related to child labor laws and wage payments, which directly relate to promoting decent work conditions and protecting labor rights.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>The protection of working children to ensure they can continue doing well in school is linked to ensuring inclusive and equitable quality education.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong>
<ul>
<li>The enforcement of labor laws and penalties for violations reflect the promotion of justice and strong institutions.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li><strong>Target 8.7:</strong> Take immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking, and secure the prohibition and elimination of the worst forms of child labor.</li>
<li><strong>Target 8.8:</strong> Protect labor rights and promote safe and secure working environments for all workers, including young workers.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li><strong>Target 4.1:</strong> Ensure that all girls and boys complete free, equitable and quality primary and secondary education.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong>
<ul>
<li><strong>Target 16.3:</strong> Promote the rule of law at the national and international levels and ensure equal access to justice for all.</li>
<li><strong>Target 16.6:</strong> Develop effective, accountable and transparent institutions at all levels.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>Number of child labor law violations</strong>
<ul>
<li>The article mentions 1,656 child labor and wage payment law violations, which can be used as an indicator to measure enforcement effectiveness.</li>
</ul>
</li>
<li><strong>Number of children affected by labor violations</strong>
<ul>
<li>More than 600 children were affected from 2023 to 2025, indicating the scale of child labor issues.</li>
</ul>
</li>
<li><strong>Amount of unpaid wages recovered and penalties imposed</strong>
<ul>
<li>The payment of $237,000 in unpaid wages and penalties up to $828,000 reflect enforcement actions and can serve as indicators of institutional response.</li>
</ul>
</li>
<li><strong>Compliance with child labor permits and working hour regulations</strong>
<ul>
<li>Instances of minors working without permits or beyond permitted hours highlight compliance indicators.</li>
</ul>
</li>
</ol>
<h2>4. Table of SDGs, Targets, and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.7: Eradicate child labor and forced labor</li>
<li>8.8: Protect labor rights and promote safe working environments</li>
</ul>
</td>
<td>
<ul>
<li>Number of child labor law violations (1,656 violations)</li>
<li>Number of children affected (600+ children)</li>
<li>Unpaid wages recovered ($237,000)</li>
<li>Penalties imposed ($828,000)</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 4: Quality Education</td>
<td>
<ul>
<li>4.1: Ensure completion of quality primary and secondary education</li>
</ul>
</td>
<td>
<ul>
<li>Compliance with child labor permits and working hour regulations to protect school attendance</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 16: Peace, Justice and Strong Institutions</td>
<td>
<ul>
<li>16.3: Promote rule of law and equal access to justice</li>
<li>16.6: Develop accountable and transparent institutions</li>
</ul>
</td>
<td>
<ul>
<li>Enforcement actions such as penalties and wage recovery</li>
<li>Number of violations detected and addressed</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.wisn.com/article/burger-king-franchise-group-accused-of-hundreds-of-child-labor-violations-at-wisconsin-restaurants/70275604">wisn.com</a></strong></p>
<p> </p>]]> </content:encoded>
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<item>
<title>ILO Calls for Rights&#45;Based Policies Amid Labor Market Shifts – Mexico Business News</title>
<link>https://sdgtalks.ai/ilo-calls-for-rights-based-policies-amid-labor-market-shifts-mexico-business-news</link>
<guid>https://sdgtalks.ai/ilo-calls-for-rights-based-policies-amid-labor-market-shifts-mexico-business-news</guid>
<description><![CDATA[ ILO Calls for Rights-Based Policies Amid Labor Market Shifts  Mexico Business News ]]></description>
<enclosure url="https://mexicobusiness.news/sites/default/files/styles/crop_16_9/public/2026-02/luca-bravo-9l_326FISzk-unsplash.jpg" length="49398" type="image/jpeg"/>
<pubDate>Sat, 07 Feb 2026 15:30:12 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>ILO, Calls, for, Rights-Based, Policies, Amid, Labor, Market, Shifts, –, Mexico, Business, News</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Report on the Third Global Labour Market Conference: Emphasizing Sustainable Development Goals (SDGs)</h2>
<h3>Introduction</h3>
<p>During the third Global Labour Market Conference held on January 26–27, Gilbert Houngbo, Director General of the International Labor Organization (ILO), highlighted the necessity for coordinated, human-centered, and rights-based policies to address the structural changes reshaping global labor markets. The conference underscored the importance of aligning labor market reforms with the Sustainable Development Goals (SDGs), particularly those related to decent work, economic growth, reduced inequalities, and partnerships.</p>
<h3>Key Challenges and Policy Responses</h3>
<p>Houngbo identified several transformative trends impacting the world of work, including:</p>
<ol>
<li>Rapid technological change</li>
<li>Demographic shifts</li>
<li>Migration</li>
<li>Climate shocks</li>
<li>Economic fragmentation</li>
<li>Global uncertainty</li>
</ol>
<p>These factors influence job creation, job quality, and inequality across regions, necessitating policy responses grounded in social justice, international labor standards, global cooperation, and evidence-based governance. This approach aligns with SDG 8 (Decent Work and Economic Growth) and SDG 10 (Reduced Inequalities).</p>
<h3>Focus on Job Quality and Inclusivity</h3>
<p>Houngbo emphasized that the central challenge is not only the quantity of jobs created but also the quality, inclusivity, and conditions under which they are offered. He stressed that employment growth must outpace disruption, reflecting the goals of SDG 8 and SDG 5 (Gender Equality), given the particular vulnerability of young people and women to labor market disruptions.</p>
<h3>Technology and Skills Development</h3>
<p>Technology was identified as a potential driver of productivity and growth if supported by:</p>
<ul>
<li>Investment in skills development (SDG 4: Quality Education)</li>
<li>Strong labor institutions</li>
<li>Effective social dialogue</li>
</ul>
<p>This framework enables workers and enterprises to adapt to change, fostering innovation while protecting workers’ rights. Houngbo reiterated this during discussions on governing the AI transition in the workplace, highlighting the need for responsible technological adoption consistent with SDG 9 (Industry, Innovation, and Infrastructure).</p>
<h3>Protecting Workers and Promoting Social Protection</h3>
<p>Managing labor market transitions requires balancing worker protection with business innovation and expansion. Key recommendations included:</p>
<ul>
<li>Renewed investment in lifelong learning</li>
<li>Active labor market policies</li>
<li>Strengthening social protection systems</li>
<li>Special focus on young people, women, migrant, and displaced workers</li>
</ul>
<p>These measures support SDG 1 (No Poverty), SDG 3 (Good Health and Well-being), and SDG 10 (Reduced Inequalities).</p>
<h3>International Cooperation and Partnerships</h3>
<p>On the sidelines of the conference, Houngbo engaged in bilateral meetings with Saudi Arabia’s Minister of Human Resources and Social Development, Ahmed Al-Rajhi, along with senior government and social partner representatives. Discussions centered on:</p>
<ul>
<li>Employment creation</li>
<li>Skills development</li>
<li>Social protection</li>
<li>Labor migration</li>
<li>Labor market institutions</li>
<li>Promotion of decent work</li>
</ul>
<p>This cooperation exemplifies SDG 17 (Partnerships for the Goals), reinforcing the ILO’s partnership with Saudi Arabia on labor market reform.</p>
<h3>Addressing Crises and Building Resilience</h3>
<p>Houngbo also participated in a side event with global employer representatives to discuss the impact of multiple crises on labor markets. Strategies highlighted included:</p>
<ul>
<li>Rapid technological adoption</li>
<li>Creation of resilient and inclusive workplaces</li>
<li>Strengthening social protection systems to support workers during crises</li>
</ul>
<p>These strategies contribute to SDG 8 and SDG 11 (Sustainable Cities and Communities) by fostering inclusive economic growth and resilient infrastructures.</p>
<h3>Conclusion: The Importance of Dialogue and Collective Action</h3>
<p>The conference brought together ministers, social partners, business leaders, and international organizations. Houngbo emphasized that platforms for dialogue are critical amid global uncertainty. He reaffirmed that collective action and tripartite cooperation remain central to building resilient, inclusive, and sustainable labor markets, directly supporting the achievement of multiple SDGs.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article focuses extensively on labor markets, job creation, job quality, and employment growth.</li>
<li>Emphasis on decent work, social protection, and labor market reforms aligns with SDG 8.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>Investment in lifelong learning and skills development is highlighted.</li>
<li>Focus on adapting workers to technological change through education and training.</li>
</ul>
</li>
<li><strong>SDG 5: Gender Equality</strong>
<ul>
<li>Attention to young people and women facing higher exposure to labor market disruption.</li>
<li>Calls for inclusive labor policies that consider gender disparities.</li>
</ul>
</li>
<li><strong>SDG 10: Reduced Inequalities</strong>
<ul>
<li>Addressing inequality across regions and vulnerable groups such as migrants and displaced workers.</li>
<li>Focus on social justice and international labor standards.</li>
</ul>
</li>
<li><strong>SDG 13: Climate Action</strong>
<ul>
<li>Recognition of climate shocks as a factor reshaping labor markets.</li>
<li>Need for policies that consider climate-related disruptions.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Identified SDGs</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>Target 8.5: Achieve full and productive employment and decent work for all women and men.</li>
<li>Target 8.6: Reduce the proportion of youth not in employment, education, or training.</li>
<li>Target 8.8: Protect labor rights and promote safe and secure working environments.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>Target 4.4: Increase the number of youth and adults with relevant skills for employment.</li>
<li>Target 4.3: Ensure equal access to affordable and quality technical, vocational, and higher education.</li>
</ul>
</li>
<li><strong>SDG 5: Gender Equality</strong>
<ul>
<li>Target 5.5: Ensure women’s full and effective participation and equal opportunities in economic life.</li>
</ul>
</li>
<li><strong>SDG 10: Reduced Inequalities</strong>
<ul>
<li>Target 10.7: Facilitate orderly, safe, and responsible migration and mobility of people.</li>
<li>Target 10.2: Empower and promote social, economic, and political inclusion of all.</li>
</ul>
</li>
<li><strong>SDG 13: Climate Action</strong>
<ul>
<li>Target 13.1: Strengthen resilience and adaptive capacity to climate-related hazards.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>Employment and Labor Market Indicators</strong>
<ul>
<li>Job creation rates and employment growth compared to disruption rates.</li>
<li>Proportion of youth and women employed or in training.</li>
<li>Quality of jobs, including decent work conditions and labor rights protection.</li>
</ul>
</li>
<li><strong>Skills and Education Indicators</strong>
<ul>
<li>Number of workers receiving lifelong learning and skills development.</li>
<li>Access to vocational and technical education.</li>
</ul>
</li>
<li><strong>Social Protection Indicators</strong>
<ul>
<li>Coverage and effectiveness of social protection systems for workers.</li>
</ul>
</li>
<li><strong>Inclusion and Equality Indicators</strong>
<ul>
<li>Labor market participation rates by gender, age, and migrant status.</li>
<li>Measures of inequality in job quality and access.</li>
</ul>
</li>
<li><strong>Climate Resilience Indicators</strong>
<ul>
<li>Adaptation measures in labor markets to climate shocks.</li>
</ul>
</li>
</ol>
<h2>4. Table of SDGs, Targets, and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.5: Full and productive employment and decent work for all</li>
<li>8.6: Reduce youth not in employment, education, or training</li>
<li>8.8: Protect labor rights and promote safe working environments</li>
</ul>
</td>
<td>
<ul>
<li>Job creation and employment growth rates</li>
<li>Proportion of youth and women employed or in training</li>
<li>Quality of jobs and labor rights protection</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 4: Quality Education</td>
<td>
<ul>
<li>4.4: Increase youth and adults with relevant skills for employment</li>
<li>4.3: Equal access to technical, vocational, and higher education</li>
</ul>
</td>
<td>
<ul>
<li>Number of workers receiving lifelong learning and skills development</li>
<li>Access to vocational and technical education</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 5: Gender Equality</td>
<td>
<ul>
<li>5.5: Ensure women’s full participation and equal economic opportunities</li>
</ul>
</td>
<td>
<ul>
<li>Labor market participation rates by gender</li>
<li>Measures of gender equality in employment</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 10: Reduced Inequalities</td>
<td>
<ul>
<li>10.7: Facilitate safe and responsible migration and mobility</li>
<li>10.2: Promote social, economic, and political inclusion</li>
</ul>
</td>
<td>
<ul>
<li>Labor market participation by migrants and displaced workers</li>
<li>Measures of inequality in job access and quality</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 13: Climate Action</td>
<td>
<ul>
<li>13.1: Strengthen resilience and adaptive capacity to climate hazards</li>
</ul>
</td>
<td>
<ul>
<li>Adaptation measures in labor markets to climate shocks</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://mexicobusiness.news/talent/news/ilo-calls-rights-based-policies-amid-labor-market-shifts">mexicobusiness.news</a></strong></p>
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<title>Wisconsin accuses Burger King franchise operator of thousands of child labor violations – WPR</title>
<link>https://sdgtalks.ai/wisconsin-accuses-burger-king-franchise-operator-of-thousands-of-child-labor-violations-wpr</link>
<guid>https://sdgtalks.ai/wisconsin-accuses-burger-king-franchise-operator-of-thousands-of-child-labor-violations-wpr</guid>
<description><![CDATA[ Wisconsin accuses Burger King franchise operator of thousands of child labor violations  WPR ]]></description>
<enclosure url="https://www.wpr.org/wp-content/uploads/2026/02/AP25251711978511-scaled.jpg" length="49398" type="image/jpeg"/>
<pubDate>Sat, 07 Feb 2026 03:30:08 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>Wisconsin, accuses, Burger, King, franchise, operator, thousands, child, labor, violations, –, WPR</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Investigation Uncovers Child Labor Violations at Wisconsin Burger King Franchise</h2>
<h3>Background and Findings</h3>
<p>The Wisconsin Department of Workforce Development (DWD) has ordered Cave Enterprises, LLC, operator of over 100 Burger King restaurants in Wisconsin, to repay $237,437 in wages owed to teenage employees. This action follows the identification of more than 1,600 violations of state child labor and wage laws affecting over 600 minors.</p>
<p>To resolve the matter without court intervention, Cave Enterprises may opt to pay $828,000, equating to $500 per violation as determined by the DWD.</p>
<h3>Scope of Violations</h3>
<ul>
<li>Employment of 14- and 15-year-olds without required work permits.</li>
<li>Permitting lengthy shifts without mandated meal breaks for young workers.</li>
<li>Allowing employees under 16 to work outside legally permitted hours for school-age workers.</li>
</ul>
<p>The DWD’s investigation spanned two years, from January 2023 to January 2025, marking this as the largest case of child labor and wage payment violations in modern Wisconsin history.</p>
<h2>Alignment with Sustainable Development Goals (SDGs)</h2>
<h3>SDG 8: Decent Work and Economic Growth</h3>
<p>This case highlights critical issues related to SDG 8, which promotes sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all. Protecting young workers from exploitation and ensuring fair wages directly supports this goal.</p>
<h3>SDG 4: Quality Education</h3>
<p>By enforcing legal working hours for school-age workers, the DWD helps safeguard the right to education, ensuring that employment does not interfere with schooling, in line with SDG 4.</p>
<h3>SDG 16: Peace, Justice, and Strong Institutions</h3>
<p>The investigation and enforcement actions demonstrate the role of strong institutions in upholding labor laws and protecting vulnerable populations, contributing to SDG 16.</p>
<h2>Government and Stakeholder Responses</h2>
<ol>
<li><strong>Governor Tony Evers:</strong> Emphasized the responsibility to protect young workers from exploitation and hazardous conditions, reaffirming commitment to child labor protections despite prior legislative attempts to weaken them.</li>
<li><strong>Department of Workforce Development:</strong> Initiated the investigation following 33 complaints and issued a determination letter to Cave Enterprises.</li>
<li><strong>Burger King Corporate:</strong> Stated they are collaborating with the franchisee to ensure compliance with labor standards across their restaurants.</li>
</ol>
<h2>Legal Context and Policy Implications</h2>
<ul>
<li>Wisconsin law requires work permits for workers under 16, a regulation upheld by Governor Evers in 2024 through vetoing legislation that sought to remove this requirement for 14- and 15-year-olds.</li>
<li>Previous legislative changes in 2017 eliminated permit requirements for 17- and 18-year-olds.</li>
</ul>
<h2>Conclusion</h2>
<p>The DWD’s enforcement action against Cave Enterprises underscores the importance of upholding labor laws to protect youth employment rights, contributing to multiple Sustainable Development Goals. Continued vigilance and strong institutional frameworks remain essential to prevent exploitation and promote decent work conditions for young workers in Wisconsin.</p>
<div>
  <img decoding="async" src="https://www.wpr.org/wp-content/uploads/2026/02/AP25251711978511-scaled.jpg" alt="Wisconsin Department of Workforce Development Investigation">
</div>
<p><em>Source: Wisconsin Public Radio, © 2026 Board of Regents of the University of Wisconsin System and Wisconsin Educational Communications Board.</em></p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article focuses on labor violations, child labor laws, wage payments, and working conditions, which are directly related to promoting decent work for all, including young workers.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong>
<ul>
<li>The enforcement of labor laws and legal actions taken by the Department of Workforce Development reflect the role of strong institutions and justice systems in protecting workers’ rights.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>The article mentions legal restrictions on working hours for school-age workers, implying the protection of educational time and the balance between work and schooling.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>Target 8.7: Take immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking, and secure the prohibition and elimination of the worst forms of child labor.</li>
<li>Target 8.8: Protect labor rights and promote safe and secure working environments for all workers, including young workers.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong>
<ul>
<li>Target 16.3: Promote the rule of law at the national and international levels and ensure equal access to justice for all.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>Target 4.1: Ensure that all girls and boys complete free, equitable and quality primary and secondary education.</li>
<li>Implied target related to protecting school-age children from excessive work hours that interfere with education.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>For SDG 8 Targets</strong>
<ul>
<li>Number of violations of child labor laws (e.g., 1,600 violations identified).</li>
<li>Number of underage workers affected (e.g., more than 600 kids).</li>
<li>Amount of wages owed and fines imposed as a measure of enforcement effectiveness.</li>
<li>Compliance with work permit requirements for young workers.</li>
</ul>
</li>
<li><strong>For SDG 16 Targets</strong>
<ul>
<li>Number of investigations and enforcement actions taken by labor departments.</li>
<li>Legal outcomes such as fines or settlements to ensure accountability.</li>
</ul>
</li>
<li><strong>For SDG 4 Targets</strong>
<ul>
<li>Compliance with legal restrictions on working hours for school-age workers to ensure education is not disrupted.</li>
</ul>
</li>
</ol>
<h2>4. Table of SDGs, Targets, and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.7 Eradicate forced labor and end child labor</li>
<li>8.8 Protect labor rights and promote safe working environments</li>
</ul>
</td>
<td>
<ul>
<li>Number of child labor law violations (1,600+ violations)</li>
<li>Number of affected young workers (600+ kids)</li>
<li>Wages owed ($237,437) and fines imposed ($828,000)</li>
<li>Compliance with work permit requirements</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 16: Peace, Justice and Strong Institutions</td>
<td>
<ul>
<li>16.3 Promote rule of law and equal access to justice</li>
</ul>
</td>
<td>
<ul>
<li>Number of investigations and enforcement actions</li>
<li>Legal resolutions such as fines and settlements</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 4: Quality Education</td>
<td>
<ul>
<li>4.1 Ensure completion of quality primary and secondary education</li>
<li>Protection of school-age children’s education by regulating work hours</li>
</ul>
</td>
<td>
<ul>
<li>Compliance with legal work hour restrictions for school-age workers</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.wpr.org/news/wisconsin-accuses-burger-king-franchise-child-labor-violations">wpr.org</a></strong></p>
<p> </p>]]> </content:encoded>
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<title>New Boutique Hotel Planned for Downtown Florence Signals Long&#45;Term Tourism and Economic Growth – Travel And Tour World</title>
<link>https://sdgtalks.ai/new-boutique-hotel-planned-for-downtown-florence-signals-long-term-tourism-and-economic-growth-travel-and-tour-world</link>
<guid>https://sdgtalks.ai/new-boutique-hotel-planned-for-downtown-florence-signals-long-term-tourism-and-economic-growth-travel-and-tour-world</guid>
<description><![CDATA[ New Boutique Hotel Planned for Downtown Florence Signals Long-Term Tourism and Economic Growth  Travel And Tour World ]]></description>
<enclosure url="https://www.travelandtourworld.com/wp-content/uploads/2026/02/New-Boutique-Hotel.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 02 Feb 2026 21:30:13 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>New, Boutique, Hotel, Planned, for, Downtown, Florence, Signals, Long-Term, Tourism, and, Economic, Growth, –, Travel, And, Tour, World</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>New Boutique Hotel Development in Downtown Florence: A Sustainable Growth Initiative</h2>
<h3>Introduction</h3>
<p>Plans have been announced for a new boutique hotel in downtown Florence, marking a significant step in the city’s urban transformation. This project aims to enhance the hospitality sector while promoting long-term economic growth and community development, aligning with several Sustainable Development Goals (SDGs), including Decent Work and Economic Growth (SDG 8), Sustainable Cities and Communities (SDG 11), and Responsible Consumption and Production (SDG 12).</p>
<h3>Project Overview</h3>
<ol>
<li><strong>Location and Construction Timeline</strong>
<ul>
<li>The hotel will be constructed on a 1.2-acre site at East Tennessee Street, a previously underutilized area due to outdated infrastructure.</li>
<li>Construction is scheduled to begin in February 2026, with completion anticipated by the end of 2027.</li>
<li>The development will feature 110 guest rooms, contributing to Florence’s capacity to accommodate visitors.</li>
</ul>
</li>
<li><strong>Infrastructure Modernization</strong>
<ul>
<li>A major sewer rerouting and modernization project has replaced an old clay sewer line with over 1,000 linear feet of new, code-compliant sewer lines.</li>
<li>This infrastructure upgrade supports sustainable urban development, promoting resilient infrastructure (SDG 9) and sustainable cities (SDG 11).</li>
</ul>
</li>
</ol>
<h3>Community and Economic Impact</h3>
<ul>
<li><strong>Local Business Support</strong>
<ul>
<li>The hotel will include a café, bar, and destination restaurant designed to complement Florence’s diverse food scene.</li>
<li>These amenities aim to stimulate year-round activity and support local businesses, aligning with SDG 8 and SDG 12.</li>
</ul>
</li>
<li><strong>Employment Opportunities</strong>
<ul>
<li>Construction and long-term operations are expected to create jobs in multiple sectors, including hospitality, food and beverage, and management.</li>
<li>This supports the SDG 8 target of promoting sustained, inclusive economic growth and decent work for all.</li>
</ul>
</li>
<li><strong>Economic Framework</strong>
<ul>
<li>The city is considering a development agreement that uses incremental tax revenue generated by the project to support its delivery, minimizing reliance on existing public funds.</li>
<li>Potential incentives include infrastructure reimbursements, tax abatements, and tax rebates, fostering sustainable economic development.</li>
</ul>
</li>
</ul>
<h3>Design and Cultural Integration</h3>
<ul>
<li>The architectural design draws inspiration from the Shoals region’s natural and industrial heritage, including the Tennessee River and local landmarks.</li>
<li>The hotel aims to reflect Florence’s cultural identity, blending its blue-collar roots, college-town atmosphere, and artistic heritage.</li>
<li>Public spaces within the hotel will serve as community hubs, encouraging social interaction and cultural events, supporting SDG 11’s focus on inclusive and sustainable urbanization.</li>
</ul>
<h3>Stakeholder Perspectives</h3>
<ul>
<li><strong>Justin Allred, CEO of Allred Companies:</strong> Emphasized the project’s goal to honor local heritage and contribute meaningfully to the community and economy.</li>
<li><strong>Mayor Ron Tyler, City of Florence:</strong> Highlighted the project as a forward-thinking investment that revitalizes underused property and strengthens the local economy and tourism.</li>
<li><strong>Kevin Jackson, Shoals EDA:</strong> Noted the hotel’s role in enhancing downtown Florence’s appeal and supporting local businesses.</li>
<li><strong>Dwayne Marshall, Chief Development Officer for Valor Hospitality Partners:</strong> Expressed excitement about partnering to create a hotel experience deeply rooted in local culture and culinary excellence.</li>
</ul>
<h3>Conclusion</h3>
<p>The new boutique hotel project in downtown Florence represents a strategic investment in sustainable urban development, economic growth, and cultural enrichment. By addressing infrastructure challenges and fostering community engagement, the development aligns with multiple Sustainable Development Goals, positioning Florence for a vibrant and resilient future.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article highlights job creation during construction and long-term employment in hospitality and related sectors.</li>
<li>It emphasizes economic growth through increased visitor spending and local business support.</li>
</ul>
</li>
<li><strong>SDG 9: Industry, Innovation, and Infrastructure</strong>
<ul>
<li>The project involves modernization of underground infrastructure, including sewer rerouting and installation of new code-compliant sewer lines.</li>
<li>This supports sustainable industrial development and infrastructure improvement.</li>
</ul>
</li>
<li><strong>SDG 11: Sustainable Cities and Communities</strong>
<ul>
<li>The boutique hotel aims to revitalize downtown Florence, creating a vibrant urban space with cultural, social, and economic benefits.</li>
<li>It supports inclusive urban development by creating public gathering spaces and enhancing the local community atmosphere.</li>
</ul>
</li>
<li><strong>SDG 12: Responsible Consumption and Production</strong>
<ul>
<li>The emphasis on local culture, food scene, and community engagement suggests promotion of sustainable tourism and consumption patterns.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under the Identified SDGs</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>Target 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation.</li>
<li>Target 8.9: Develop and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products.</li>
</ul>
</li>
<li><strong>SDG 9: Industry, Innovation, and Infrastructure</strong>
<ul>
<li>Target 9.1: Develop quality, reliable, sustainable, and resilient infrastructure to support economic development and human well-being.</li>
</ul>
</li>
<li><strong>SDG 11: Sustainable Cities and Communities</strong>
<ul>
<li>Target 11.3: Enhance inclusive and sustainable urbanization and capacity for participatory, integrated, and sustainable human settlement planning and management.</li>
<li>Target 11.4: Strengthen efforts to protect and safeguard the world’s cultural and natural heritage.</li>
</ul>
</li>
<li><strong>SDG 12: Responsible Consumption and Production</strong>
<ul>
<li>Target 12.b: Develop and implement tools to monitor sustainable development impacts for sustainable tourism that creates jobs and promotes local culture and products.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>Employment Generation</strong>
<ul>
<li>Number of jobs created during construction and operation phases (related to Target 8.3 and 8.9).</li>
</ul>
</li>
<li><strong>Infrastructure Development</strong>
<ul>
<li>Length and quality of new sewer lines installed (related to Target 9.1).</li>
<li>Compliance with modern infrastructure codes and standards.</li>
</ul>
</li>
<li><strong>Economic Impact</strong>
<ul>
<li>Incremental tax revenue generated by the development (implied in the development agreement).</li>
<li>Increase in visitor spending and local business revenue.</li>
</ul>
</li>
<li><strong>Urban Revitalization and Community Engagement</strong>
<ul>
<li>Number and usage of public gathering spaces created.</li>
<li>Year-round activity levels in downtown Florence.</li>
</ul>
</li>
<li><strong>Sustainable Tourism</strong>
<ul>
<li>Promotion and preservation of local culture through hotel design and food offerings.</li>
<li>Visitor satisfaction and cultural engagement metrics (implied).</li>
</ul>
</li>
</ol>
<h2>4. Table of SDGs, Targets, and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.3: Promote policies supporting decent job creation and entrepreneurship.</li>
<li>8.9: Promote sustainable tourism that creates jobs and promotes local culture.</li>
</ul>
</td>
<td>
<ul>
<li>Number of jobs created during construction and operation.</li>
<li>Increase in tourism-related economic activity.</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 9: Industry, Innovation, and Infrastructure</td>
<td>
<ul>
<li>9.1: Develop sustainable and resilient infrastructure.</li>
</ul>
</td>
<td>
<ul>
<li>Length and quality of new sewer lines installed.</li>
<li>Compliance with infrastructure codes.</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 11: Sustainable Cities and Communities</td>
<td>
<ul>
<li>11.3: Enhance inclusive and sustainable urbanization.</li>
<li>11.4: Protect cultural and natural heritage.</li>
</ul>
</td>
<td>
<ul>
<li>Number and usage of public gathering spaces.</li>
<li>Year-round downtown activity levels.</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 12: Responsible Consumption and Production</td>
<td>
<ul>
<li>12.b: Develop tools to monitor sustainable tourism impacts.</li>
</ul>
</td>
<td>
<ul>
<li>Promotion of local culture in tourism offerings.</li>
<li>Visitor engagement and satisfaction (implied).</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.travelandtourworld.com/news/article/new-boutique-hotel-planned-for-downtown-florence-signals-long-term-tourism-and-economic-growth/">travelandtourworld.com</a></strong></p>
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<title>Rethinking social protection in Bangladesh: What role can active labour market policies play? – The Daily Star</title>
<link>https://sdgtalks.ai/rethinking-social-protection-in-bangladesh-what-role-can-active-labour-market-policies-play-the-daily-star</link>
<guid>https://sdgtalks.ai/rethinking-social-protection-in-bangladesh-what-role-can-active-labour-market-policies-play-the-daily-star</guid>
<description><![CDATA[ Rethinking social protection in Bangladesh: What role can active labour market policies play?  The Daily Star ]]></description>
<enclosure url="https://www.thedailystar.net/sites/default/files/inline-images/rethink2.jpg" length="49398" type="image/jpeg"/>
<pubDate>Tue, 27 Jan 2026 09:30:09 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>Rethinking, social, protection, Bangladesh:, What, role, can, active, labour, market, policies, play, –, The, Daily, Star</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Report on Bangladesh’s Social Protection System and Active Labour Market Policies in the Context of Sustainable Development Goals</h2>
<h3>Overview of Bangladesh’s Social Protection System</h3>
<p>Bangladesh’s social protection system, with a history of experimentation since the early 1990s, has significantly contributed to poverty reduction. The government allocates approximately 15% of its national budget, equivalent to about 2% of GDP, across nearly 95 social security programmes. Recent revisions have improved system coherence; however, the system remains fragmented and relief-oriented, primarily addressing immediate vulnerabilities rather than anticipating long-term economic structural changes. This approach has left critical gaps unaddressed.</p>
<h3>Challenges in Aligning Social Protection with Labour Market Dynamics</h3>
<p>The social protection system shows limited responsiveness to emerging labour market and socio-economic changes, including rising unemployment, informality, and skill mismatches. Labour-market-focused interventions constitute only 3.57% of total social protection spending, allocated to 19 programmes, restricting support for productive employment and labour market transitions.</p>
<h3>Active Labour Market Policies (ALMPs) and Their Growing Importance</h3>
<p>In response to increasing labour market pressures, Active Labour Market Policies (ALMPs) have gained renewed relevance. ALMPs aim to improve employability, job matching, and facilitate entry into productive work. The International Labour Organisation classifies ALMPs into five categories:</p>
<ol>
<li>Skills Training</li>
<li>Public Works</li>
<li>Employment Subsidies</li>
<li>Self-Employment Support</li>
<li>Labour Market Services</li>
</ol>
<p>Recent labour market data highlights the urgency of ALMPs:</p>
<ul>
<li>National unemployment rate: 3.66%</li>
<li>Graduate unemployment: 13.5% (more than double from eight years ago)</li>
<li>Youth unemployment: 8.07%</li>
<li>Young people not in education, employment, or training (NEET): 8.56 million</li>
</ul>
<p>These trends indicate a gradual erosion of Bangladesh’s demographic dividend, emphasizing the need for effective labour market interventions.</p>
<h3>Current Labour Market Interventions in Bangladesh</h3>
<ul>
<li><strong>Public Works Programmes:</strong> Employment Generation Programme for the Poorest provides short-term employment and supports community infrastructure.</li>
<li><strong>Technical and Vocational Training:</strong> Short courses for various age groups, ranging from one to five days.</li>
<li><strong>Wage Subsidies:</strong> No formal schemes currently; however, a temporary BDT 5,000 crore loan package during COVID-19 helped preserve jobs in export-oriented industries.</li>
</ul>
<p>Despite these efforts, challenges include siloed operations, weak industry linkage, and prioritization of enrolment over employment outcomes, limiting long-term employability improvements.</p>
<h3>Policy Recommendations for Strengthening ALMPs within Social Protection</h3>
<p>To enhance the effectiveness of social protection and labour market policies, the following recommendations are proposed:</p>
<ol>
<li>Embed ALMPs systematically within the social protection framework to support sustained and productive employment.</li>
<li>Align training programmes with industry demand to improve employability.</li>
<li>Expand internships and apprenticeships, prioritizing vulnerable groups such as poor youth, women, and informal workers.</li>
<li>Consolidate fragmented labour market programmes for better coordination.</li>
<li>Strengthen labour market information systems to guide policy and programme design.</li>
<li>Pilot targeted wage or hiring incentives within fiscal constraints.</li>
</ol>
<h3>International Experiences and Lessons for Bangladesh</h3>
<p>Several countries provide valuable lessons on integrating ALMPs with social protection to achieve Sustainable Development Goals (SDGs), particularly SDG 1 (No Poverty), SDG 4 (Quality Education), SDG 5 (Gender Equality), SDG 8 (Decent Work and Economic Growth), and SDG 10 (Reduced Inequalities):</p>
<h4>Vietnam</h4>
<ul>
<li>Expanded vocational training centres and partnered with global firms (Samsung, LG).</li>
<li>Targeted rural youth with industry-relevant skills.</li>
<li>Facilitated transition from low-productivity agriculture to manufacturing.</li>
<li>Demonstrated how ALMPs can drive structural economic transformation.</li>
</ul>
<h4>Ethiopia</h4>
<ul>
<li>Productive Safety Net Programme combines public works, skills training, savings support, and small business grants.</li>
<li>Helps vulnerable households build resilience against shocks like droughts.</li>
</ul>
<h4>Rwanda</h4>
<ul>
<li>Kora Wigire Entrepreneurship Programme supports youth, especially women, to start small enterprises through training, finance access, and toolkits.</li>
</ul>
<h4>Latin America</h4>
<ul>
<li>Chile’s Women’s Employment Subsidy offers cash incentives to low-income women, improving formal employment.</li>
<li>Colombia’s Youth in Action combines training, stipends, life skills, and internships, increasing youth employment.</li>
</ul>
<h4>Africa (Kenya and South Africa)</h4>
<ul>
<li>Public works and youth employment programmes linked to skills development and labour market demand improve employability.</li>
</ul>
<h4>Advanced Economies</h4>
<ul>
<li><strong>Denmark:</strong> “Flexicurity” model combining flexible hiring, income support, and active job-search assistance maintains low unemployment and rapid re-employment.</li>
<li><strong>Germany:</strong> Dual apprenticeship system integrates classroom and workplace training, ensuring smooth school-to-work transitions and low youth unemployment.</li>
</ul>
<h3>Conclusion</h3>
<p>For Bangladesh to advance its social protection system in alignment with the Sustainable Development Goals, particularly SDG 8 (Decent Work and Economic Growth) and SDG 1 (No Poverty), it is imperative to develop coherent, demand-driven, and targeted active labour market policies. These policies should prioritize vulnerable populations and integrate training, income support, and employer engagement. By consolidating fragmented programmes and embedding ALMPs within social protection, Bangladesh can transform social protection into a catalyst for inclusion, productivity, and long-term economic resilience.</p>
<hr>
<p><strong>Author:</strong> Dr. M Abu Eusuf, Professor of Economics, Department of Development Studies, University of Dhaka; Executive Director, Research and Policy Integration for Development (RAPID); Founder Director, Centre on Budget and Policy, University of Dhaka.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 1: No Poverty</strong>
<ul>
<li>The article discusses Bangladesh’s social protection system aimed at reducing poverty through various programmes.</li>
</ul>
</li>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>Focus on active labour market policies (ALMPs) to improve employability, job matching, and productive employment.</li>
<li>Addressing unemployment, especially youth and graduate unemployment.</li>
<li>Promoting skills training, apprenticeships, and labour market services.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>Emphasis on technical and vocational training, skills development, and apprenticeships.</li>
</ul>
</li>
<li><strong>SDG 5: Gender Equality</strong>
<ul>
<li>Targeting vulnerable groups including women, with examples such as Chile’s Women’s Employment Subsidy and Rwanda’s entrepreneurship programme for women.</li>
</ul>
</li>
<li><strong>SDG 10: Reduced Inequalities</strong>
<ul>
<li>Focus on inclusive labour market policies that prioritize poor youth, informal workers, and marginalized groups.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified</h2>
<ol>
<li><strong>SDG 1: No Poverty</strong>
<ul>
<li>Target 1.3: Implement nationally appropriate social protection systems and measures for all, including floors.</li>
</ul>
</li>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>Target 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation.</li>
<li>Target 8.5: Achieve full and productive employment and decent work for all women and men, including young people and persons with disabilities.</li>
<li>Target 8.6: Reduce the proportion of youth not in employment, education or training (NEET).</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>Target 4.4: Increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment.</li>
</ul>
</li>
<li><strong>SDG 5: Gender Equality</strong>
<ul>
<li>Target 5.5: Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life.</li>
</ul>
</li>
<li><strong>SDG 10: Reduced Inequalities</strong>
<ul>
<li>Target 10.2: Empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>Unemployment Rates</strong>
<ul>
<li>National unemployment rate (3.66%).</li>
<li>Graduate unemployment rate (13.5%).</li>
<li>Youth unemployment rate (8.07%).</li>
<li>Number of youth not in education, employment, or training (NEET) (8.56 million).</li>
</ul>
</li>
<li><strong>Social Protection Spending</strong>
<ul>
<li>Percentage of national budget and GDP allocated to social security (15% of national budget, 2% of GDP).</li>
<li>Percentage of social protection spending allocated to labour market programmes (3.57%).</li>
</ul>
</li>
<li><strong>Programme Outcomes</strong>
<ul>
<li>Employment outcomes post-intervention (e.g., effectiveness of public works, training, subsidies).</li>
<li>Number of people enrolled versus number successfully transitioning to employment.</li>
<li>Effectiveness of wage subsidies and loan packages in preserving jobs.</li>
</ul>
</li>
<li><strong>Skills Development Metrics</strong>
<ul>
<li>Number of participants in technical and vocational training programmes.</li>
<li>Industry linkage and relevance of training to labour market demand.</li>
</ul>
</li>
<li><strong>Gender and Vulnerable Group Inclusion</strong>
<ul>
<li>Participation rates of women and vulnerable groups in employment programmes.</li>
<li>Impact of targeted subsidies and entrepreneurship programmes on women’s employment.</li>
</ul>
</li>
</ol>
<h2>4. Table: SDGs, Targets and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 1: No Poverty</td>
<td>Target 1.3: Implement nationally appropriate social protection systems and measures for all, including floors.</td>
<td>
<ul>
<li>Percentage of national budget and GDP allocated to social protection (15% budget, 2% GDP)</li>
<li>Coverage and effectiveness of social protection programmes</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>Target 8.3: Promote development-oriented policies supporting productive activities and decent job creation.</li>
<li>Target 8.5: Achieve full and productive employment and decent work for all.</li>
<li>Target 8.6: Reduce youth NEET rates.</li>
</ul>
</td>
<td>
<ul>
<li>Unemployment rates (national 3.66%, graduate 13.5%, youth 8.07%)</li>
<li>Number of youth NEET (8.56 million)</li>
<li>Percentage of social protection spending on labour market programmes (3.57%)</li>
<li>Employment outcomes from ALMPs</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 4: Quality Education</td>
<td>Target 4.4: Increase number of youth and adults with relevant skills, including technical and vocational skills.</td>
<td>
<ul>
<li>Number of participants in technical and vocational training programmes</li>
<li>Alignment of training with industry demand</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 5: Gender Equality</td>
<td>Target 5.5: Ensure women’s full and effective participation and equal opportunities.</td>
<td>
<ul>
<li>Participation rates of women in employment and entrepreneurship programmes</li>
<li>Impact of targeted subsidies for women’s employment</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 10: Reduced Inequalities</td>
<td>Target 10.2: Promote social, economic and political inclusion of all.</td>
<td>
<ul>
<li>Inclusion of poor youth, informal workers, and vulnerable groups in labour market programmes</li>
<li>Employment outcomes for marginalized groups</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.thedailystar.net/news/rethinking-social-protection-bangladesh-what-role-can-active-labour-market-policies-play-4087686">thedailystar.net</a></strong></p>
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<title>The Federal Retreat on Child Labor Enforcement Threatens America’s Children – otherwords.org</title>
<link>https://sdgtalks.ai/the-federal-retreat-on-child-labor-enforcement-threatens-americas-children-otherwordsorg</link>
<guid>https://sdgtalks.ai/the-federal-retreat-on-child-labor-enforcement-threatens-americas-children-otherwordsorg</guid>
<description><![CDATA[ The Federal Retreat on Child Labor Enforcement Threatens America’s Children  otherwords.org ]]></description>
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<pubDate>Wed, 21 Jan 2026 15:00:12 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>The, Federal, Retreat, Child, Labor, Enforcement, Threatens, America’s, Children, –, otherwords.org</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Report on the Decline of Child Labor Enforcement in the United States and Its Impact on Sustainable Development Goals</h2>
<h3>Introduction</h3>
<p>Recent analyses indicate a significant decline in child labor enforcement in the United States, coinciding with a period when stronger protections are critically needed. This report highlights the reduction in enforcement activities, legislative trends, and the consequences for young workers, emphasizing the implications for the United Nations Sustainable Development Goals (SDGs), particularly SDG 8 (Decent Work and Economic Growth), SDG 3 (Good Health and Well-being), and SDG 16 (Peace, Justice and Strong Institutions).</p>
<h3>Decline in Enforcement Activities</h3>
<ol>
<li>According to Good Jobs First, enforcement cases for workplace violations dropped by 97% in the last year.</li>
<li>The Child Labor Coalition reported only two press releases on child labor enforcement in the first year of the Trump administration, compared to an average of two per month under the previous administration.</li>
<li>The Trump administration planned closures of 21 offices within the Labor Department’s Wage and Hour Division and reduced staff responsible for enforcing federal child labor laws.</li>
<li>Prior to these cuts, there was already a shortage of inspectors, with only one inspector for every 202,000 workers.</li>
</ol>
<h3>Legislative Trends and State-Level Challenges</h3>
<ul>
<li>Twenty-eight states introduced bills aimed at weakening child labor protections in recent years, contributing to a 283% increase in child labor violations between 2015 and 2023.</li>
<li>Some states, including Iowa and California, have experienced weakened enforcement and oversight, allowing dangerous child labor practices to persist.</li>
<li>In Iowa, only 77 child labor investigations were conducted in 2024, with minimal penalties issued despite serious incidents, including a fatality.</li>
<li>California’s agricultural sector suffers from understaffed enforcement agencies, with very few citations issued and a majority of fines uncollected over eight years.</li>
</ul>
<h3>Implications for Sustainable Development Goals</h3>
<p>The weakening of child labor protections and enforcement undermines several key SDGs:</p>
<ul>
<li><strong>SDG 8 – Decent Work and Economic Growth:</strong> The decline in enforcement allows exploitative labor practices to flourish, denying children safe and fair working conditions.</li>
<li><strong>SDG 3 – Good Health and Well-being:</strong> Exposure to hazardous work environments, such as toxic pesticides and unsafe machinery, jeopardizes the health of young workers.</li>
<li><strong>SDG 16 – Peace, Justice and Strong Institutions:</strong> Reduced accountability and enforcement weaken institutions tasked with protecting vulnerable populations, including children.</li>
</ul>
<h3>Recommendations for Policy and Legislative Action</h3>
<ol>
<li>Congress should pass the bipartisan <em>Justice for Exploited Children Act</em> to establish minimum monetary penalties and increase overall penalties for violations.</li>
<li>Additional legislation such as the <em>Children Don’t Belong on Tobacco Farms Act</em> and the <em>Children’s Act for Responsible Employment and Farm Safety</em> should be enacted to close protection gaps for farmworker children.</li>
<li>States are encouraged to strengthen, rather than weaken, child labor protections. Recent positive examples include Illinois, Colorado, Minnesota, Oregon, Virginia, and Utah.</li>
<li>Federal enforcement must be restored and adequately resourced to provide a baseline of protection nationwide.</li>
</ol>
<h3>Conclusion</h3>
<p>The current trajectory of reduced enforcement and legislative rollbacks poses significant risks to the well-being and rights of child workers in the United States. Strengthening child labor protections aligns with the achievement of multiple Sustainable Development Goals and is essential to safeguarding the future of America’s youth. Elected officials at all levels must prioritize and build upon recent progress to ensure children nationwide are protected from exploitation and hazardous labor conditions.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article focuses on child labor protections, workplace violations, and enforcement of labor laws, which directly relate to promoting decent work conditions and economic growth.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong>
<ul>
<li>The weakening of enforcement mechanisms and reduction in labor inspections reflect challenges in building effective, accountable institutions and ensuring justice.</li>
</ul>
</li>
<li><strong>SDG 3: Good Health and Well-being</strong>
<ul>
<li>Exposure of child workers to hazardous conditions such as toxic pesticides and unsafe work environments implicates health and well-being concerns.</li>
</ul>
</li>
<li><strong>SDG 1: No Poverty</strong>
<ul>
<li>Child labor often correlates with poverty; the article’s discussion of exploitation and low wages connects to efforts to eradicate poverty.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified</h2>
<ol>
<li><strong>SDG 8 – Target 8.7:</strong> Take immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking, and secure the prohibition and elimination of the worst forms of child labor.</li>
<li><strong>SDG 8 – Target 8.8:</strong> Protect labor rights and promote safe and secure working environments for all workers, including migrant workers and those in precarious employment.</li>
<li><strong>SDG 16 – Target 16.6:</strong> Develop effective, accountable and transparent institutions at all levels.</li>
<li><strong>SDG 3 – Target 3.9:</strong> Reduce the number of deaths and illnesses from hazardous chemicals and air, water and soil pollution and contamination.</li>
<li><strong>SDG 1 – Target 1.2:</strong> Reduce at least by half the proportion of men, women and children living in poverty in all its dimensions.</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>Number of enforcement cases for workplace violations:</strong> The article cites a 97% decline in enforcement cases, indicating this as a key indicator of labor law enforcement effectiveness.</li>
<li><strong>Frequency of child labor investigations:</strong> The number of investigations conducted by state agencies (e.g., 77 investigations in Iowa) serves as an indicator of enforcement activity.</li>
<li><strong>Number and amount of civil monetary penalties issued:</strong> The article mentions only four penalties totaling $36,350 in Iowa, and 27 citations in California, with most fines uncollected, indicating enforcement strength.</li>
<li><strong>Incidence of child labor violations:</strong> The 283% increase in violations between 2015 and 2023 signals worsening conditions and can be tracked over time.</li>
<li><strong>Workplace safety and health conditions:</strong> Exposure to toxic pesticides, lack of shade and water breaks, and below minimum wage earnings are qualitative indicators of unsafe and exploitative work environments.</li>
<li><strong>Staffing levels of enforcement agencies:</strong> The number of inspectors per workers (e.g., one inspector for every 202,000 workers) reflects institutional capacity to enforce labor laws.</li>
</ol>
<h2>4. Table: SDGs, Targets and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.7: Eradicate child labor and forced labor</li>
<li>8.8: Protect labor rights and promote safe working environments</li>
</ul>
</td>
<td>
<ul>
<li>Number of enforcement cases for workplace violations</li>
<li>Frequency of child labor investigations</li>
<li>Number and amount of civil monetary penalties issued</li>
<li>Incidence of child labor violations</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 16: Peace, Justice and Strong Institutions</td>
<td>
<ul>
<li>16.6: Develop effective, accountable and transparent institutions</li>
</ul>
</td>
<td>
<ul>
<li>Staffing levels of enforcement agencies</li>
<li>Effectiveness of enforcement mechanisms</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 3: Good Health and Well-being</td>
<td>
<ul>
<li>3.9: Reduce deaths and illnesses from hazardous chemicals and pollution</li>
</ul>
</td>
<td>
<ul>
<li>Incidence of exposure to toxic pesticides and unsafe working conditions</li>
<li>Health outcomes related to workplace hazards</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 1: No Poverty</td>
<td>
<ul>
<li>1.2: Reduce poverty in all its dimensions</li>
</ul>
</td>
<td>
<ul>
<li>Child labor prevalence as an indicator of poverty and exploitation</li>
<li>Wages earned by child workers (below minimum wage)</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://otherwords.org/the-federal-retreat-on-child-labor-enforcement-threatens-americas-children/">otherwords.org</a></strong></p>
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<title>Wayne State, Michigan’s public universities generate nearly $45 billion in economic impact, fueling jobs, innovation and growth statewide – today.wayne.edu</title>
<link>https://sdgtalks.ai/wayne-state-michigans-public-universities-generate-nearly-45-billion-in-economic-impact-fueling-jobs-innovation-and-growth-statewide-todaywayneedu</link>
<guid>https://sdgtalks.ai/wayne-state-michigans-public-universities-generate-nearly-45-billion-in-economic-impact-fueling-jobs-innovation-and-growth-statewide-todaywayneedu</guid>
<description><![CDATA[ Wayne State, Michigan’s public universities generate nearly $45 billion in economic impact, fueling jobs, innovation and growth statewide  today.wayne.edu ]]></description>
<enclosure url="https://news.wayne.edu/storage/files/aerial-1-696fe3cfc8612.jpg" length="49398" type="image/jpeg"/>
<pubDate>Wed, 21 Jan 2026 09:00:08 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>Wayne, State, Michigan’s, public, universities, generate, nearly, 45, billion, economic, impact, fueling, jobs, innovation, and, growth, statewide, –, today.wayne.edu</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Economic Impact of Michigan’s Public Universities and Alignment with Sustainable Development Goals</h2>
<h3>Overview of Economic Contributions</h3>
<p>Michigan’s public universities serve as a significant catalyst for economic growth, generating nearly $45 billion in net new economic activity annually. Central to this impact is Wayne State University, contributing $4.6 billion each year. This contribution highlights the university’s vital role in advancing research, workforce development, community impact, and student opportunity across the state.</p>
<h3>Key Findings from the Michigan Association of State Universities (MASU) Study</h3>
<ol>
<li>Michigan’s 15 public universities collectively support over 129,000 jobs statewide.</li>
<li>These institutions contribute more than $7 billion in state tax revenue annually.</li>
<li>Wayne State University, as Michigan’s only urban R1 research institution, uniquely combines world-class research with a commitment to student access and success.</li>
<li>In fiscal year 2024, public universities generated nearly $45 billion in net new economic activity, which is approximately 28 times the state’s $1.6 billion appropriation for these institutions.</li>
<li>Universities supported an estimated 129,311 jobs, including nearly 64,000 net new jobs that would not exist without them.</li>
</ol>
<h3>Impact Beyond Campus</h3>
<ul>
<li>Michigan’s 1.6 million public university alumni generated over $15 billion in incremental earnings due to their degrees.</li>
<li>University-related economic activity produced more than $7.1 billion in state tax revenue.</li>
<li>Graduates earn nearly twice as much as peers without a college degree, with average earnings of $91,073 for ages 25–34 compared to $46,272 for high school graduates.</li>
</ul>
<h3>Research Contributions and Economic Activity</h3>
<p>Research Universities for Michigan (RU4M) highlights the importance of Michigan’s four R1 research institutions — Wayne State University, Michigan State University, Michigan Technological University, and the University of Michigan:</p>
<ul>
<li>Collectively conducted over $3.44 billion in academic research.</li>
<li>Generated more than $950 million in economic activity within Michigan.</li>
<li>Attracted billions in federal and industry funding from outside the state.</li>
</ul>
<h3>Contextualizing Economic Impact</h3>
<p>The Anderson Economic Group completed the study using fiscal year 2024 data. To contextualize the scale of this impact, major entertainment and sports events generate significant economic activity but still fall short of the contribution made by Michigan’s public universities. For example:</p>
<ul>
<li>Taylor Swift’s Eras Tour generated an estimated $9 billion over two years across 19 nations.</li>
<li>The NFL’s total revenues reached $23 billion in 2024, driven by media rights, sponsorships, and game-day activities.</li>
</ul>
<h2>Alignment with Sustainable Development Goals (SDGs)</h2>
<h3>Quality Education (SDG 4)</h3>
<ul>
<li>Wayne State University’s commitment to student access and success supports inclusive and equitable quality education.</li>
<li>Graduates’ higher earnings reflect improved education outcomes and lifelong learning opportunities.</li>
</ul>
<h3>Decent Work and Economic Growth (SDG 8)</h3>
<ul>
<li>Public universities support over 129,000 jobs, including 64,000 new jobs, fostering sustained economic growth.</li>
<li>Research activities attract significant funding, stimulating innovation and economic diversification.</li>
</ul>
<h3>Industry, Innovation, and Infrastructure (SDG 9)</h3>
<ul>
<li>R1 research institutions drive innovation through $3.44 billion in academic research.</li>
<li>Collaboration with federal and industry partners enhances infrastructure and technological advancement.</li>
</ul>
<h3>Reduced Inequalities (SDG 10)</h3>
<ul>
<li>Wayne State’s urban research mission promotes equitable access to higher education and workforce opportunities.</li>
<li>Alumni earnings demonstrate the role of education in reducing income disparities.</li>
</ul>
<h3>Partnerships for the Goals (SDG 17)</h3>
<ul>
<li>Collaboration among Michigan’s public universities, government, and industry exemplifies effective partnerships to achieve sustainable development.</li>
</ul>
<h2>Conclusion and Policy Implications</h2>
<p>As Michigan’s policymakers prepare for the 2026 legislative session and budget process, the findings underscore Wayne State University’s role as a high-return investment in the state’s workforce, community resilience, research enterprise, and long-term economic competitiveness. The university serves as a national model for integrating top-tier research with broad access to higher education, advancing multiple Sustainable Development Goals and supporting Michigan’s sustainable development agenda.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>The article highlights Wayne State University’s commitment to student access and success, emphasizing higher education’s role in workforce development and economic opportunity.</li>
</ul>
</li>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The economic impact of Michigan’s public universities, including job creation and contribution to state tax revenue, aligns with promoting sustained economic growth and productive employment.</li>
</ul>
</li>
<li><strong>SDG 9: Industry, Innovation, and Infrastructure</strong>
<ul>
<li>The significant research funding and academic research activities at R1 institutions support innovation and infrastructure development.</li>
</ul>
</li>
<li><strong>SDG 17: Partnerships for the Goals</strong>
<ul>
<li>The collaboration between universities, state policymakers, federal and industry funding sources reflects partnerships to achieve sustainable development.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs</h2>
<ol>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>Target 4.3: Ensure equal access for all women and men to affordable and quality technical, vocational and tertiary education, including university.</li>
<li>Target 4.4: Increase the number of youth and adults who have relevant skills for employment, decent jobs and entrepreneurship.</li>
</ul>
</li>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>Target 8.2: Achieve higher levels of economic productivity through diversification, technological upgrading and innovation.</li>
<li>Target 8.5: Achieve full and productive employment and decent work for all women and men, including young people and persons with disabilities.</li>
</ul>
</li>
<li><strong>SDG 9: Industry, Innovation, and Infrastructure</strong>
<ul>
<li>Target 9.5: Enhance scientific research, upgrade the technological capabilities of industrial sectors.</li>
</ul>
</li>
<li><strong>SDG 17: Partnerships for the Goals</strong>
<ul>
<li>Target 17.6: Enhance North-South, South-South and triangular regional and international cooperation on and access to science, technology and innovation.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>SDG 4 Indicators</strong>
<ul>
<li>Gross enrollment ratio in tertiary education (implied by student access and success at Wayne State University).</li>
<li>Employment rate of graduates (implied by alumni earnings and workforce development).</li>
</ul>
</li>
<li><strong>SDG 8 Indicators</strong>
<ul>
<li>Number of jobs supported by public universities (129,311 jobs statewide).</li>
<li>Economic productivity measured by net new economic activity ($45 billion annually).</li>
<li>State tax revenue generated ($7 billion annually).</li>
</ul>
</li>
<li><strong>SDG 9 Indicators</strong>
<ul>
<li>Amount of academic research funding ($3.44 billion).</li>
<li>Economic activity generated by research ($950 million).</li>
<li>External funding attracted (billions in federal and industry funding).</li>
</ul>
</li>
<li><strong>SDG 17 Indicators</strong>
<ul>
<li>Level of collaboration between universities and external partners (implied by funding and policy engagement).</li>
</ul>
</li>
</ol>
<h2>4. Table: SDGs, Targets and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 4: Quality Education</td>
<td>
<ul>
<li>4.3: Equal access to affordable tertiary education</li>
<li>4.4: Increase skills for employment and entrepreneurship</li>
</ul>
</td>
<td>
<ul>
<li>Gross enrollment ratio in tertiary education (implied)</li>
<li>Employment rate of graduates (implied)</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.2: Higher economic productivity through innovation</li>
<li>8.5: Full and productive employment for all</li>
</ul>
</td>
<td>
<ul>
<li>Number of jobs supported (129,311 jobs)</li>
<li>Net new economic activity ($45 billion)</li>
<li>State tax revenue generated ($7 billion)</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 9: Industry, Innovation, and Infrastructure</td>
<td>
<ul>
<li>9.5: Enhance scientific research and technological capabilities</li>
</ul>
</td>
<td>
<ul>
<li>Academic research funding ($3.44 billion)</li>
<li>Economic activity from research ($950 million)</li>
<li>External federal and industry funding (billions)</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 17: Partnerships for the Goals</td>
<td>
<ul>
<li>17.6: Enhance international cooperation on science, technology and innovation</li>
</ul>
</td>
<td>
<ul>
<li>Collaboration levels between universities and external partners (implied)</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://today.wayne.edu/news/2026/01/20/wayne-state-michigans-public-universities-generate-nearly-45-billion-in-economic-impact-fueling-jobs-innovation-and-growth-statewide-67925">today.wayne.edu</a></strong></p>
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<title>Bipartisan Bill Targeting Child Labor Penalties Reintroduced – Law360</title>
<link>https://sdgtalks.ai/bipartisan-bill-targeting-child-labor-penalties-reintroduced-law360</link>
<guid>https://sdgtalks.ai/bipartisan-bill-targeting-child-labor-penalties-reintroduced-law360</guid>
<description><![CDATA[ Bipartisan Bill Targeting Child Labor Penalties Reintroduced  Law360 ]]></description>
<enclosure url="https://www.law360.com/images/law360-stacked.png" length="49398" type="image/jpeg"/>
<pubDate>Tue, 13 Jan 2026 12:30:09 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>Bipartisan, Bill, Targeting, Child, Labor, Penalties, Reintroduced, –, Law360</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Report on the Reintroduction of Child Labor Penalties Bill in the U.S. House</h2>
<h3>Introduction</h3>
<p>On January 12, 2026, a bipartisan effort in the U.S. House of Representatives saw the reintroduction of a bill aimed at increasing civil and criminal penalties for child labor violations under the Fair Labor Standards Act (FLSA). This legislative initiative represents a significant step towards strengthening child labor protections in the United States.</p>
<h3>Legislative Details</h3>
<ol>
<li><strong>Bill Purpose:</strong> To raise both civil and criminal penalties associated with violations of child labor laws as stipulated in the FLSA.</li>
<li><strong>Bipartisan Support:</strong> The bill is reintroduced by members of both the Democratic and Republican parties, highlighting cross-party commitment.</li>
<li><strong>Focus on Enforcement:</strong> The enhanced penalties aim to deter violations and ensure stricter compliance with child labor regulations.</li>
</ol>
<h3>Alignment with Sustainable Development Goals (SDGs)</h3>
<ul>
<li><strong>SDG 8 – Decent Work and Economic Growth:</strong> By strengthening penalties for child labor, the bill promotes decent work conditions and economic growth by protecting children from exploitation and ensuring fair labor practices.</li>
<li><strong>SDG 4 – Quality Education:</strong> Reducing child labor supports increased school attendance and educational attainment, contributing to quality education for all children.</li>
<li><strong>SDG 16 – Peace, Justice, and Strong Institutions:</strong> Enhancing legal frameworks and enforcement mechanisms aligns with building effective, accountable, and inclusive institutions at all levels.</li>
</ul>
<h3>Implications and Next Steps</h3>
<ol>
<li><strong>Legislative Process:</strong> The bill will undergo further debate and consideration in the House, with potential amendments and committee reviews.</li>
<li><strong>Stakeholder Engagement:</strong> Advocacy groups, labor organizations, and policymakers are expected to engage in discussions to support the bill’s objectives.</li>
<li><strong>Monitoring and Enforcement:</strong> If enacted, increased penalties will necessitate enhanced monitoring and enforcement efforts to ensure compliance.</li>
</ol>
<h3>Conclusion</h3>
<p>The reintroduction of this bill marks a critical advancement in the U.S. commitment to eradicating child labor and upholding the principles of the Sustainable Development Goals. By reinforcing legal protections and penalties, the legislation aims to foster a safer, more equitable labor environment for children, thereby contributing to sustainable development and social justice.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article discusses legislative efforts to increase penalties for child labor violations, directly relating to promoting decent work conditions and economic growth.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice, and Strong Institutions</strong>
<ul>
<li>By focusing on raising civil and criminal penalties, the article touches on strengthening institutions and justice systems to enforce labor laws.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs</h2>
<ol>
<li><strong>SDG 8 – Target 8.7:</strong> “Take immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labor.”</li>
<li><strong>SDG 16 – Target 16.3:</strong> “Promote the rule of law at the national and international levels and ensure equal access to justice for all.”</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>Indicator for Target 8.7:</strong> Proportion and number of children aged 5–17 years engaged in child labor, by sector and age.</li>
<li><strong>Indicator for Target 16.3:</strong> Proportion of victims of violence in the previous 12 months who reported their victimization to competent authorities or other officially recognized conflict resolution mechanisms.</li>
<li>The article implies the use of legal enforcement metrics such as the number of penalties imposed for child labor violations and changes in child labor rates as measures of progress.</li>
</ol>
<h2>4. Table of SDGs, Targets, and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>Target 8.7: Eradicate forced labor and end the worst forms of child labor.</td>
<td>Proportion and number of children aged 5–17 years engaged in child labor, by sector and age.</td>
</tr>
<tr>
<td>SDG 16: Peace, Justice, and Strong Institutions</td>
<td>Target 16.3: Promote rule of law and ensure equal access to justice.</td>
<td>Proportion of victims of violence who reported their victimization to authorities.</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.law360.com/articles/2429060/bipartisan-bill-targeting-child-labor-penalties-reintroduced">law360.com</a></strong></p>
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<title>Loans available for small businesses impacted in flooding last April – WHAS11</title>
<link>https://sdgtalks.ai/loans-available-for-small-businesses-impacted-in-flooding-last-april-whas11</link>
<guid>https://sdgtalks.ai/loans-available-for-small-businesses-impacted-in-flooding-last-april-whas11</guid>
<description><![CDATA[ Loans available for small businesses impacted in flooding last April  WHAS11 ]]></description>
<enclosure url="https://media.whas11.com/assets/WHAS/images/f1f7331f-cde3-46a0-95f2-498ff9ce20c9/20250407T170131/f1f7331f-cde3-46a0-95f2-498ff9ce20c9_1140x641.jpg" length="49398" type="image/jpeg"/>
<pubDate>Tue, 06 Jan 2026 21:30:08 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>Loans, available, for, small, businesses, impacted, flooding, last, April, –, WHAS11</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Report on SBA Loan Assistance for Kentucky Businesses Affected by April 2025 Flooding</h2>
<h3>Introduction</h3>
<p>In response to the severe flooding that occurred in Kentucky between April 2-15, 2025, the U.S. Small Business Administration (SBA) has opened applications for critical disaster loans. These loans aim to support businesses in over 20 counties as they recover from the economic impact of the floods.</p>
<h3>Background and Context</h3>
<p>Nearly nine months after days of heavy rainfall caused widespread flooding across Kentucky, affected local businesses now have access to financial assistance. The SBA’s Economic Injury Disaster Loan (EIDL) program is designed to help small businesses and private nonprofit organizations (PNPs) manage fixed debts, payroll, accounts payable, and other disaster-related expenses.</p>
<h3>SBA Disaster Loan Program Details</h3>
<ul>
<li>The SBA, through a declaration by the U.S. Secretary of Agriculture, provides essential financial support to communities impacted by natural disasters.</li>
<li>Eligible applicants include small businesses, small agricultural cooperatives, nurseries, and private nonprofit organizations with direct financial losses from the flooding.</li>
<li>Agricultural producers, farmers, and ranchers are generally excluded from this loan program, except for aquaculture enterprises.</li>
</ul>
<h3>Counties Covered by the Disaster Declaration</h3>
<p>The following Kentucky counties are eligible for SBA disaster loan assistance:</p>
<ol>
<li>Anderson</li>
<li>Breckinridge</li>
<li>Campbell</li>
<li>Carroll</li>
<li>Daviess</li>
<li>Fayette</li>
<li>Franklin</li>
<li>Gallatin</li>
<li>Grant</li>
<li>Hancock</li>
<li>Henderson</li>
<li>Henry</li>
<li>Hopkins</li>
<li>Jessamine</li>
<li>Kenton</li>
<li>McLean</li>
<li>Mercer</li>
<li>Muhlenberg</li>
<li>Nelson</li>
<li>Ohio</li>
<li>Owen</li>
<li>Pendleton</li>
<li>Scott</li>
<li>Shelby</li>
<li>Spencer</li>
<li>Washington</li>
<li>Webster</li>
<li>Woodford</li>
</ol>
<h3>Alignment with Sustainable Development Goals (SDGs)</h3>
<p>This disaster loan initiative supports several United Nations Sustainable Development Goals, including:</p>
<ul>
<li><strong>SDG 1: No Poverty</strong> – By providing financial assistance to small businesses and nonprofits, the program helps prevent economic hardship and supports livelihoods.</li>
<li><strong>SDG 8: Decent Work and Economic Growth</strong> – The loans enable businesses to maintain payroll and operations, fostering economic resilience and job retention.</li>
<li><strong>SDG 11: Sustainable Cities and Communities</strong> – Supporting recovery efforts contributes to building resilient communities capable of withstanding future disasters.</li>
<li><strong>SDG 17: Partnerships for the Goals</strong> – The collaboration between federal agencies and local communities exemplifies effective partnerships for sustainable development.</li>
</ul>
<h3>Conclusion and Further Information</h3>
<p>The SBA’s disaster loan program represents a critical step in aiding Kentucky’s recovery from the April 2025 flooding, emphasizing sustainable economic recovery aligned with global development goals. Businesses and nonprofits in the affected counties are encouraged to apply promptly to access these resources.</p>
<p>For ongoing updates and additional information, stakeholders can download the WHAS11 News app available for <a href="https://itunes.apple.com/us/app/whas11-news-louisville/id1453184391?ls=1&mt=8" target="_blank">Apple</a> and <a href="https://play.google.com/store/apps/details?id=com.doapps.android.mln.MLN_b3ff766402d6d975200b86a42ea504b0" target="_blank">Android</a> devices.</p>
<p>News tips and inquiries can be directed via email to <a href="mailto:assign@whas11.com" target="_blank">assign@whas11.com</a> or through social media channels on <a href="http://www.facebook.com/whas11" target="_blank">Facebook</a> and <a href="https://twitter.com/whas11" target="_blank">X (Twitter)</a>.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 1: No Poverty</strong> – The article discusses financial assistance to small businesses and nonprofits affected by flooding, aiming to reduce economic hardship.</li>
<li><strong>SDG 8: Decent Work and Economic Growth</strong> – Supporting small businesses to recover and maintain payroll supports sustained economic growth and decent work opportunities.</li>
<li><strong>SDG 11: Sustainable Cities and Communities</strong> – The focus on disaster recovery and resilience in multiple Kentucky counties relates to building sustainable and resilient communities.</li>
<li><strong>SDG 13: Climate Action</strong> – The article addresses recovery from flooding, a climate-related disaster, highlighting the need for disaster resilience and adaptation.</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified</h2>
<ol>
<li><strong>SDG 1 – Target 1.5:</strong> “By 2030, build the resilience of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic, social and environmental shocks and disasters.”</li>
<li><strong>SDG 8 – Target 8.3:</strong> “Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation.”</li>
<li><strong>SDG 11 – Target 11.5:</strong> “Significantly reduce the number of deaths and the number of people affected and decrease the direct economic losses relative to global gross domestic product caused by disasters.”</li>
<li><strong>SDG 13 – Target 13.1:</strong> “Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries.”</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ul>
<li><strong>Indicator for SDG 1.5:</strong> Number of small businesses and nonprofits receiving disaster recovery loans; reduction in economic losses due to disasters.</li>
<li><strong>Indicator for SDG 8.3:</strong> Number of jobs retained or created in small businesses receiving SBA loans post-disaster.</li>
<li><strong>Indicator for SDG 11.5:</strong> Economic Injury Disaster Loan (EIDL) disbursement amounts as a measure of economic loss mitigation.</li>
<li><strong>Indicator for SDG 13.1:</strong> Number of counties covered by disaster declarations and the extent of financial assistance provided to improve resilience.</li>
</ul>
<h2>4. Table: SDGs, Targets and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 1: No Poverty</td>
<td>Target 1.5: Build resilience of vulnerable populations to climate-related disasters</td>
<td>Number of small businesses and nonprofits receiving disaster recovery loans; reduction in economic losses</td>
</tr>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>Target 8.3: Promote policies supporting productive activities and entrepreneurship</td>
<td>Number of jobs retained or created in small businesses receiving SBA loans post-disaster</td>
</tr>
<tr>
<td>SDG 11: Sustainable Cities and Communities</td>
<td>Target 11.5: Reduce deaths, affected people, and economic losses from disasters</td>
<td>EIDL disbursement amounts as measure of economic loss mitigation</td>
</tr>
<tr>
<td>SDG 13: Climate Action</td>
<td>Target 13.1: Strengthen resilience and adaptive capacity to climate-related hazards</td>
<td>Number of counties covered by disaster declarations; extent of financial assistance provided</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.whas11.com/article/news/local/small-business-loans-available-april-2025-flooding/417-ebe6934f-5708-45fb-80c8-8cac38b407e0">whas11.com</a></strong></p>
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<title>Officials offer promising update on Pleasanton’s economic development – Pleasanton Weekly</title>
<link>https://sdgtalks.ai/officials-offer-promising-update-on-pleasantons-economic-development-pleasanton-weekly</link>
<guid>https://sdgtalks.ai/officials-offer-promising-update-on-pleasantons-economic-development-pleasanton-weekly</guid>
<description><![CDATA[ Officials offer promising update on Pleasanton’s economic development  Pleasanton Weekly ]]></description>
<enclosure url="https://i0.wp.com/www.pleasantonweekly.com/wp-content/uploads/2025/12/IMG_8111-1-scaled.jpg" length="49398" type="image/jpeg"/>
<pubDate>Tue, 06 Jan 2026 15:30:08 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>Officials, offer, promising, update, Pleasanton’s, economic, development, –, Pleasanton, Weekly</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Economic Development Initiatives in Pleasanton: A Sustainable Approach for 2026</h2>
<h3>Overview of Economic Challenges and Future Outlook</h3>
<p>In 2025, Pleasanton faced significant economic challenges, including the departure of major retailers such as JCPenney and the closure of key downtown businesses like Starbucks. Despite these setbacks, city officials project a positive economic outlook for 2026, driven by strategic initiatives aimed at revitalizing the local economy.</p>
<h3>Key Economic Development Strategies Aligned with Sustainable Development Goals (SDGs)</h3>
<p>Pleasanton’s approach to economic growth integrates several Sustainable Development Goals, focusing on promoting inclusive and sustainable economic growth (SDG 8), fostering innovation and infrastructure (SDG 9), and building sustainable cities and communities (SDG 11).</p>
<ol>
<li><strong>Streamlining Permitting Processes</strong>
<ul>
<li>The city is simplifying permitting for retail and commercial businesses to reduce delays and encourage investment.</li>
<li>Recent zoning code updates have modernized design review processes, cutting approval times by at least half.</li>
<li>These efforts support SDG 9 by fostering innovation and sustainable industrialization.</li>
</ul>
</li>
<li><strong>Organizational Restructuring for Economic Development</strong>
<ul>
<li>Creation of the Community and Economic Development Department consolidates permitting, planning, and economic development functions.</li>
<li>This reorganization enhances coordination and resource allocation, improving service delivery to businesses and residents.</li>
<li>Supports SDG 11 by promoting sustainable urban development and effective governance.</li>
</ul>
</li>
<li><strong>Business Attraction and Retention Initiatives</strong>
<ul>
<li>Enhanced branding and marketing through digital and print media to attract new businesses.</li>
<li>Development of a “microsite” to provide accessible information for business startups.</li>
<li>Partnerships with local organizations such as the Pleasanton Downtown Association and Chamber of Commerce to support business growth.</li>
<li>These initiatives contribute to SDG 8 by promoting sustained, inclusive economic growth and decent work for all.</li>
</ul>
</li>
<li><strong>Development of the “Pleasanton Playbook”</strong>
<ul>
<li>A user-friendly guide designed to clarify the city’s development review process for new businesses.</li>
<li>Aims to expedite business openings, enhancing economic vitality and community prosperity.</li>
<li>Aligns with SDG 8 and SDG 11 by supporting sustainable economic development and resilient infrastructure.</li>
</ul>
</li>
</ol>
<h3>Progress and Achievements in 2025</h3>
<ul>
<li>Approval of zoning code changes to attract innovation-based businesses, facilitating economic diversification.</li>
<li>Reduction of the city’s appeal period from over 15 days to 10 days to accelerate project approvals.</li>
<li>Implementation of a streamlined design review process for smaller residential and commercial projects.</li>
<li>Increased visibility and resources for economic development through departmental restructuring.</li>
</ul>
<h3>Future Plans and Sustainable Development Focus for 2026</h3>
<p>Pleasanton’s 2026 agenda includes:</p>
<ul>
<li>Hiring an economic development manager to lead ongoing initiatives.</li>
<li>Continuing partnerships with regional organizations and businesses to enhance economic opportunities.</li>
<li>Exploring further reductions in permitting timelines for retail and commercial enterprises.</li>
<li>Advancing tourism and hospitality sectors in preparation for major Bay Area events such as the Super Bowl and FIFA World Cup, supporting SDG 8 and SDG 11.</li>
</ul>
<h3>Statements from City Leadership</h3>
<p><strong>Mayor Jack Balch</strong> emphasized the city’s potential and commitment to fostering economic opportunity through streamlined processes and innovation, reinforcing SDG 8 and SDG 9 objectives.</p>
<p><strong>Deputy Director Melinda Denis</strong> highlighted the benefits of departmental reorganization and ongoing efforts to attract new businesses, aligning with SDG 11’s goal of sustainable urban development.</p>
<p><strong>City Manager Gerry Beaudin</strong> affirmed the city’s dedication to making Pleasanton more accessible and responsive to business needs, ensuring measurable improvements in economic vitality.</p>
<p><strong>Council Member Craig Eicher</strong> expressed enthusiasm for initiatives that support both business success and community prosperity, reflecting the interconnected nature of SDGs.</p>
<h3>Conclusion</h3>
<p>Pleasanton’s comprehensive economic development strategy for 2026 demonstrates a strong commitment to the United Nations Sustainable Development Goals by promoting inclusive economic growth, fostering innovation, and building sustainable communities. Through streamlined processes, strategic partnerships, and targeted initiatives, the city aims to create a vibrant and resilient economy that benefits residents, businesses, and investors alike.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article focuses on improving the local economy, attracting and retaining businesses, streamlining permitting processes, and supporting economic development initiatives in Pleasanton.</li>
</ul>
</li>
<li><strong>SDG 9: Industry, Innovation, and Infrastructure</strong>
<ul>
<li>Efforts to modernize zoning codes, support innovation-based businesses, and improve infrastructure for economic activities are highlighted.</li>
</ul>
</li>
<li><strong>SDG 11: Sustainable Cities and Communities</strong>
<ul>
<li>The city’s strategic planning and efforts to improve business environments contribute to making Pleasanton a more sustainable and vibrant community.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under the Identified SDGs</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li><em>Target 8.2:</em> Achieve higher levels of economic productivity through diversification, technological upgrading, and innovation.</li>
<li><em>Target 8.3:</em> Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, and innovation.</li>
</ul>
</li>
<li><strong>SDG 9: Industry, Innovation, and Infrastructure</strong>
<ul>
<li><em>Target 9.1:</em> Develop quality, reliable, sustainable, and resilient infrastructure to support economic development and human well-being.</li>
<li><em>Target 9.5:</em> Enhance scientific research, upgrade technological capabilities, and encourage innovation.</li>
</ul>
</li>
<li><strong>SDG 11: Sustainable Cities and Communities</strong>
<ul>
<li><em>Target 11.3:</em> Enhance inclusive and sustainable urbanization and capacity for participatory, integrated, and sustainable human settlement planning and management.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>Economic Performance Indicators</strong>
<ul>
<li>Number of new businesses attracted and retained in Pleasanton.</li>
<li>Vacancy rates of storefronts and commercial spaces (e.g., Main Street and Stoneridge Mall vacancies).</li>
<li>Employment rates and job creation statistics related to new and existing businesses.</li>
</ul>
</li>
<li><strong>Process Efficiency Indicators</strong>
<ul>
<li>Reduction in permitting process timelines (e.g., cutting design review process by half, reducing appeal period from 15 to 10 days).</li>
<li>Implementation and usage of the “Pleasanton Playbook” as a guide for businesses to navigate development review processes.</li>
</ul>
</li>
<li><strong>Innovation and Infrastructure Indicators</strong>
<ul>
<li>Number of innovation-based businesses relocating or expanding in Pleasanton following zoning code updates.</li>
<li>Level of coordination and integration among city departments (e.g., creation of Community and Economic Development Department).</li>
</ul>
</li>
<li><strong>Community and Sustainability Indicators</strong>
<ul>
<li>Engagement with regional organizations and partnerships to support economic development.</li>
<li>Progress in strategic plans such as the 2024-28 Economic Development Strategic Plan and “ONE Pleasanton” five-year plan.</li>
</ul>
</li>
</ol>
<h2>4. Table of SDGs, Targets, and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.2: Achieve higher economic productivity through diversification, technological upgrading, and innovation.</li>
<li>8.3: Promote development-oriented policies supporting productive activities, entrepreneurship, and innovation.</li>
</ul>
</td>
<td>
<ul>
<li>Number of new businesses attracted and retained.</li>
<li>Vacancy rates of commercial spaces.</li>
<li>Employment and job creation statistics.</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 9: Industry, Innovation, and Infrastructure</td>
<td>
<ul>
<li>9.1: Develop sustainable and resilient infrastructure to support economic development.</li>
<li>9.5: Enhance scientific research, technological capabilities, and innovation.</li>
</ul>
</td>
<td>
<ul>
<li>Number of innovation-based businesses relocating or expanding.</li>
<li>Coordination among city departments (e.g., new Community and Economic Development Department).</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 11: Sustainable Cities and Communities</td>
<td>
<ul>
<li>11.3: Enhance inclusive and sustainable urbanization and capacity for participatory planning and management.</li>
</ul>
</td>
<td>
<ul>
<li>Engagement with regional organizations and partnerships.</li>
<li>Progress on strategic development plans (2024-28 Economic Development Strategic Plan, “ONE Pleasanton”).</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.pleasantonweekly.com/business/2026/01/02/officials-offer-promising-update-on-pleasantons-economic-development/">pleasantonweekly.com</a></strong></p>
<p> </p>]]> </content:encoded>
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<item>
<title>From FIFA to the LA Clippers, carbon offset scandals expose gap between sports teams’ green promises and reality – The Invading Sea</title>
<link>https://sdgtalks.ai/from-fifa-to-the-la-clippers-carbon-offset-scandals-expose-gap-between-sports-teams-green-promises-and-reality-the-invading-sea</link>
<guid>https://sdgtalks.ai/from-fifa-to-the-la-clippers-carbon-offset-scandals-expose-gap-between-sports-teams-green-promises-and-reality-the-invading-sea</guid>
<description><![CDATA[ From FIFA to the LA Clippers, carbon offset scandals expose gap between sports teams’ green promises and reality  The Invading Sea ]]></description>
<enclosure url="https://www.theinvadingsea.com/wp-content/uploads/2025/07/Argentina_vs_mexico_messi_vs_jesusgallardo_cropped-300x300.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 05 Jan 2026 15:30:09 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>From, FIFA, the, Clippers, carbon, offset, scandals, expose, gap, between, sports, teams’, green, promises, and, reality, –, The, Invading, Sea</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Sustainability in Professional Sports: Emphasizing the Role of Sustainable Development Goals (SDGs)</h2>
<h3>Introduction</h3>
<p>Professional sports venues increasingly incorporate renewable energy and sustainability measures, aligning with the United Nations Sustainable Development Goals (SDGs), particularly SDG 7 (Affordable and Clean Energy), SDG 11 (Sustainable Cities and Communities), and SDG 13 (Climate Action). Many teams claim net-zero greenhouse gas emissions by offsetting residual emissions through projects such as tree planting.</p>
<h3>Examples of Sustainable Practices in Sports Venues</h3>
<ul>
<li>Seattle’s hockey and basketball arena operates on 100% renewable energy, utilizes captured rainwater for rink ice, and offers free public transit for ticket holders, supporting SDG 6 (Clean Water and Sanitation) and SDG 13 (Climate Action).</li>
<li>Several venues have adopted energy efficiency and waste reduction initiatives to minimize environmental impact.</li>
</ul>
<h2>Carbon Offsetting in Sports: Challenges and Controversies</h2>
<h3>Sources of Emissions</h3>
<p>The majority of sports teams’ carbon footprints stem from travel by teams and fans, which is difficult to control. Scheduling adjustments can reduce travel emissions to some extent, supporting SDG 13 (Climate Action).</p>
<ol>
<li>Team and fan travel constitute the largest share of emissions.</li>
<li>Venues and operations contribute a smaller portion.</li>
</ol>
<h3>Carbon Credits and Their Limitations</h3>
<p>Carbon credits, representing one metric ton of CO<sub>2</sub> reduction or prevention, are purchased to offset emissions. These projects often involve:</p>
<ul>
<li>Tree planting to sequester carbon.</li>
<li>Expansion of clean energy to reduce fossil fuel use.</li>
</ul>
<p>However, concerns exist regarding the effectiveness and permanence of these offsets, such as delayed carbon sequestration, risks from wildfires, and potential overestimation of benefits, which challenge the integrity of SDG 13 (Climate Action).</p>
<h3>Financial and Ethical Concerns</h3>
<ul>
<li>Costs of carbon offsetting vary; some organizations absorb costs, while others pass them to consumers via sustainability fees.</li>
<li>Scandals involving fraudulent or low-quality carbon credits have emerged, notably in FIFA’s 2022 World Cup and partnerships involving the LA Clippers.</li>
<li>Such issues undermine public trust and raise questions about the credibility of sustainability claims.</li>
</ul>
<h2>Case Studies Highlighting SDG Challenges</h2>
<h3>FIFA 2022 World Cup</h3>
<ul>
<li>Claimed carbon neutrality but relied on questionable accounting and low-quality offsets.</li>
<li>Less than one-third of emissions were offset a year after the event.</li>
<li>Regulatory bodies ordered FIFA to cease misleading carbon-neutral claims, emphasizing the need for transparency in line with SDG 16 (Peace, Justice, and Strong Institutions).</li>
</ul>
<h3>Los Angeles Clippers and Aspiration Partnership</h3>
<ul>
<li>Partnership with a bankrupt carbon credit broker involved questionable offset claims.</li>
<li>Legal investigations and fraud allegations have cast doubt on the team’s sustainability commitments.</li>
<li>This case illustrates risks to SDG 12 (Responsible Consumption and Production) and SDG 16.</li>
</ul>
<h3>Seattle Sounders FC</h3>
<ul>
<li>Declared carbon neutrality by reducing waste and offsetting emissions through tree planting projects.</li>
<li>Lacked third-party verification of offsets, raising concerns about the reliability of claimed environmental benefits.</li>
<li>Highlights the importance of transparency and accountability in sustainability efforts.</li>
</ul>
<h3>Climate Pledge Arena, Seattle</h3>
<ul>
<li>Recognized as the first “zero-carbon” certified arena with renewable energy and electric equipment.</li>
<li>Offset construction emissions through rainforest protection credits, which may overstate actual benefits.</li>
<li>Demonstrates challenges in ensuring offset quality and the need for rigorous verification to support SDG 13.</li>
</ul>
<h2>Implications and Recommendations for Sustainable Development Goals</h2>
<h3>Risks of Unverified Offsets</h3>
<ul>
<li>Unreliable offsets can lead to greenwashing and legal consequences.</li>
<li>Public trust in sports organizations’ sustainability claims is at stake.</li>
<li>Legal actions against companies like Delta Air Lines for misleading carbon neutrality claims underscore the importance of SDG 16.</li>
</ul>
<h3>Strategic Reassessment for Sports Organizations</h3>
<p>To align with the SDGs and achieve meaningful climate action, sports organizations should:</p>
<ol>
<li>Prioritize reducing fossil fuel use and improving energy efficiency in facilities (SDG 7, SDG 13).</li>
<li>Implement scheduling strategies to minimize travel emissions for teams and fans (SDG 11, SDG 13).</li>
<li>Partner exclusively with verified carbon credit providers to ensure transparency and measurable impact (SDG 12, SDG 13).</li>
<li>Engage fans and communities in sustainability initiatives to promote shared responsibility (SDG 17 – Partnerships for the Goals).</li>
</ol>
<h3>Conclusion</h3>
<p>The sports industry has significant potential to contribute to the Sustainable Development Goals by adopting robust sustainability practices and credible carbon offset strategies. Emphasizing emission reductions before offsetting and ensuring transparency will be critical to maintaining public trust and leading the sustainability movement in sports.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed in the Article</h2>
<ol>
<li><strong>SDG 7: Affordable and Clean Energy</strong>
<ul>
<li>The article discusses the use of 100% renewable energy in sports arenas (e.g., Seattle’s hockey and basketball arena) and the promotion of clean energy projects as part of carbon offset initiatives.</li>
</ul>
</li>
<li><strong>SDG 11: Sustainable Cities and Communities</strong>
<ul>
<li>Sports venues offering free public transit for ticket holders and efforts to reduce travel emissions reflect sustainable urban transport and infrastructure.</li>
</ul>
</li>
<li><strong>SDG 12: Responsible Consumption and Production</strong>
<ul>
<li>Teams reducing waste and energy use, and the discussion of sustainability fees and operational budgets for offsetting emissions, relate to sustainable consumption and production patterns.</li>
</ul>
</li>
<li><strong>SDG 13: Climate Action</strong>
<ul>
<li>The core focus on carbon neutrality, greenhouse gas emissions reduction, carbon offsetting, and scrutiny of carbon credit quality directly connect to climate action.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong>
<ul>
<li>Issues of fraud, misleading claims, and legal consequences related to carbon offset projects and sustainability claims highlight the need for strong institutions and transparency.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under the Identified SDGs</h2>
<ol>
<li><strong>SDG 7: Affordable and Clean Energy</strong>
<ul>
<li>Target 7.2: Increase substantially the share of renewable energy in the global energy mix.</li>
<li>Target 7.3: Double the global rate of improvement in energy efficiency.</li>
</ul>
</li>
<li><strong>SDG 11: Sustainable Cities and Communities</strong>
<ul>
<li>Target 11.2: Provide access to safe, affordable, accessible and sustainable transport systems for all.</li>
<li>Target 11.6: Reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal waste management.</li>
</ul>
</li>
<li><strong>SDG 12: Responsible Consumption and Production</strong>
<ul>
<li>Target 12.5: Substantially reduce waste generation through prevention, reduction, recycling and reuse.</li>
<li>Target 12.6: Encourage companies to adopt sustainable practices and sustainability reporting.</li>
</ul>
</li>
<li><strong>SDG 13: Climate Action</strong>
<ul>
<li>Target 13.2: Integrate climate change measures into policies, strategies and planning.</li>
<li>Target 13.3: Improve education, awareness-raising and human and institutional capacity on climate change mitigation, adaptation, impact reduction and early warning.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong>
<ul>
<li>Target 16.6: Develop effective, accountable and transparent institutions at all levels.</li>
<li>Target 16.7: Ensure responsive, inclusive, participatory and representative decision-making.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>Indicator for SDG 7</strong>
<ul>
<li>Proportion of energy from renewable sources used in sports venues (e.g., Seattle’s arena running on 100% renewable energy).</li>
<li>Energy efficiency improvements such as use of recycled materials and electric equipment (e.g., electric Zambonis).</li>
</ul>
</li>
<li><strong>Indicator for SDG 11</strong>
<ul>
<li>Availability and usage rates of sustainable transport options for fans (e.g., free public transit for ticket holders).</li>
<li>Reduction in emissions from fan and team travel through scheduling and venue location.</li>
</ul>
</li>
<li><strong>Indicator for SDG 12</strong>
<ul>
<li>Waste reduction metrics at sports venues (e.g., zero waste initiatives).</li>
<li>Number of teams adopting sustainability fees or operational budgets for climate commitments.</li>
</ul>
</li>
<li><strong>Indicator for SDG 13</strong>
<ul>
<li>Amount of greenhouse gas emissions reduced or offset, measured in metric tons of CO2 equivalent.</li>
<li>Verification status of carbon credits and transparency of offset projects.</li>
<li>Proportion of emissions offset by verified carbon credits.</li>
</ul>
</li>
<li><strong>Indicator for SDG 16</strong>
<ul>
<li>Number of reported cases of fraud or misleading claims related to sustainability efforts.</li>
<li>Legal actions or regulatory decisions related to false environmental claims.</li>
<li>Existence of third-party verification and transparency mechanisms for carbon offset projects.</li>
</ul>
</li>
</ol>
<h2>4. Table of SDGs, Targets, and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 7: Affordable and Clean Energy</td>
<td>
<ul>
<li>7.2: Increase renewable energy share</li>
<li>7.3: Improve energy efficiency</li>
</ul>
</td>
<td>
<ul>
<li>Percentage of renewable energy use in sports venues</li>
<li>Energy efficiency measures (e.g., electric equipment)</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 11: Sustainable Cities and Communities</td>
<td>
<ul>
<li>11.2: Sustainable transport access</li>
<li>11.6: Reduce environmental impact of cities</li>
</ul>
</td>
<td>
<ul>
<li>Use of public transit by fans</li>
<li>Emissions reduction from travel scheduling and venue location</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 12: Responsible Consumption and Production</td>
<td>
<ul>
<li>12.5: Reduce waste generation</li>
<li>12.6: Promote sustainable corporate practices</li>
</ul>
</td>
<td>
<ul>
<li>Waste reduction statistics at venues</li>
<li>Adoption of sustainability fees and reporting</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 13: Climate Action</td>
<td>
<ul>
<li>13.2: Integrate climate measures into policies</li>
<li>13.3: Improve climate education and capacity</li>
</ul>
</td>
<td>
<ul>
<li>Metric tons of CO2 emissions reduced or offset</li>
<li>Verification and transparency of carbon credits</li>
<li>Proportion of emissions offset by verified credits</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 16: Peace, Justice and Strong Institutions</td>
<td>
<ul>
<li>16.6: Develop accountable institutions</li>
<li>16.7: Ensure inclusive decision-making</li>
</ul>
</td>
<td>
<ul>
<li>Incidents of fraud and misleading claims</li>
<li>Legal and regulatory actions on sustainability claims</li>
<li>Third-party verification of offset projects</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.theinvadingsea.com/2025/12/19/sports-teams-carbon-offsets-la-clippers-aspiration-tree-planting-fifa-world-cup-renewable-energy/">theinvadingsea.com</a></strong></p>
<p> </p>]]> </content:encoded>
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<item>
<title>When Wellfleet Thrived on Child Labor – The Provincetown Independent</title>
<link>https://sdgtalks.ai/when-wellfleet-thrived-on-child-labor-the-provincetown-independent</link>
<guid>https://sdgtalks.ai/when-wellfleet-thrived-on-child-labor-the-provincetown-independent</guid>
<description><![CDATA[ When Wellfleet Thrived on Child Labor  The Provincetown Independent ]]></description>
<enclosure url="https://cdn.provincetownindependent.org/2025/12/Styler-Wellfleets-indentured-Photo-1-endorsement.jpeg" length="49398" type="image/jpeg"/>
<pubDate>Fri, 02 Jan 2026 05:30:07 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>When, Wellfleet, Thrived, Child, Labor, –, The, Provincetown, Independent</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Report on Bound-Out Children Labor in Colonial Wellfleet and Its Relation to Sustainable Development Goals (SDGs)</h2>
<h3>Introduction</h3>
<p>This report examines the historical practice of binding out pauper children as indentured laborers in Wellfleet, Massachusetts, during the pre-Revolutionary War period. The analysis highlights the social and economic context of this labor system and emphasizes its implications in relation to the United Nations Sustainable Development Goals (SDGs), particularly those concerning child welfare, decent work, and reduced inequalities.</p>
<h3>Background of Bound-Out Children Labor</h3>
<p>In colonial America, a significant labor class was formed by “bound-out” children—pauper apprentices contracted to work without pay in exchange for food, housing, and vocational training. Wellfleet was a notable recipient of such children, with records indicating 14 indentured children between 1763 and 1772.</p>
<h3>Characteristics of Bound-Out Children</h3>
<ol>
<li>Average age: 7 years old, with some as young as five months.</li>
<li>Work duration: Until age 21 for boys and 18 for girls.</li>
<li>Trades learned included coopering (barrel making), navigation, shoemaking (cordwaining), and housewifery.</li>
<li>Children were unpaid laborers, working in exchange for basic sustenance and training.</li>
</ol>
<h3>Wellfleet’s Dependency on Bound-Out Children</h3>
<ul>
<li>Wellfleet received a disproportionate number of indentured children compared to neighboring towns.</li>
<li>Key families, such as the Holbrooks and Newcombs, were prominent users of bound-out child labor to support maritime and whaling industries.</li>
<li>Indenture contracts were certified by local authorities to ensure the suitability of masters.</li>
</ul>
<h3>Case Study: Henry Welch and Reuben Newcomb</h3>
<p>On April 7, 1772, seven-year-old Henry Welch was bound to Reuben Newcomb, a respected mariner, to learn shoemaking and navigation. The contract stipulated strict behavioral rules and a service term until Henry’s 21st birthday in 1785. This arrangement exemplifies the binding-out system’s structure and social controls.</p>
<h3>Impact of Historical Events</h3>
<ul>
<li>The Revolutionary War and British blockade severely disrupted Wellfleet’s economy, which was heavily reliant on whaling and shellfishing.</li>
<li>Post-war economic hardship led to a decline in the use of bound-out child labor in Wellfleet.</li>
<li>Only one recorded indentured child was sent to Wellfleet after 1772, indicating a shift away from this labor practice.</li>
</ul>
<h3>Relation to Sustainable Development Goals (SDGs)</h3>
<h4>SDG 1: No Poverty</h4>
<p>The binding-out system was a response to poverty, aiming to provide poor children with shelter and vocational skills. However, it also perpetuated economic inequalities by exploiting child labor without remuneration.</p>
<h4>SDG 4: Quality Education</h4>
<p>While children learned trades, the system lacked formal education and prioritized labor over holistic development, limiting lifelong opportunities.</p>
<h4>SDG 8: Decent Work and Economic Growth</h4>
<ul>
<li>The practice involved child labor under conditions that would not meet modern standards of decent work.</li>
<li>It reflects early labor systems preceding modern labor rights and protections.</li>
</ul>
<h4>SDG 10: Reduced Inequalities</h4>
<p>Binding out children from poor families institutionalized social inequalities by restricting their freedom and economic prospects.</p>
<h4>SDG 16: Peace, Justice, and Strong Institutions</h4>
<p>Local governance played a role in regulating indenture contracts, but the system raises questions about child rights and justice under historical legal frameworks.</p>
<h3>Conclusion</h3>
<p>The historical practice of binding out pauper children in Wellfleet illustrates early labor systems that addressed poverty but compromised child welfare and rights. The decline of this practice aligns with evolving social values and legal reforms culminating in the abolition of indentured servitude and child labor protections. Understanding this history is essential for appreciating progress toward the Sustainable Development Goals related to poverty alleviation, education, decent work, and social justice.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected</h2>
<ol>
<li><strong>SDG 1: No Poverty</strong>
<ul>
<li>The article discusses indentured child labor as a form of poverty alleviation for poor children, highlighting the social and economic conditions that led to binding out children for labor.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>Children learned trades such as coopering, navigation, and shoemaking, which can be related to vocational education and skills development.</li>
</ul>
</li>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article addresses child labor practices, the nature of unpaid labor, and the historical context of labor rights and protections.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong>
<ul>
<li>The role of legal contracts, oversight by town selectmen, and evolving labor laws relate to institutions and justice systems.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs</h2>
<ol>
<li><strong>SDG 1: No Poverty</strong>
<ul>
<li>Target 1.2: By 2030, reduce at least by half the proportion of men, women and children of all ages living in poverty in all its dimensions.</li>
</ul>
</li>
<li><strong>SDG 4: Quality Education</strong>
<ul>
<li>Target 4.4: By 2030, substantially increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment.</li>
</ul>
</li>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>Target 8.7: Take immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labor.</li>
<li>Target 8.8: Protect labor rights and promote safe and secure working environments for all workers, including migrant workers, particularly women migrants, and those in precarious employment.</li>
</ul>
</li>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong>
<ul>
<li>Target 16.6: Develop effective, accountable and transparent institutions at all levels.</li>
<li>Target 16.3: Promote the rule of law at the national and international levels and ensure equal access to justice for all.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied to Measure Progress</h2>
<ol>
<li><strong>SDG 1 Indicators</strong>
<ul>
<li>Proportion of population living below the national poverty line (implied by the discussion of pauper apprentices and poor children).</li>
</ul>
</li>
<li><strong>SDG 4 Indicators</strong>
<ul>
<li>Percentage of youth and adults with vocational skills (implied by the trades learned by the children).</li>
</ul>
</li>
<li><strong>SDG 8 Indicators</strong>
<ul>
<li>Proportion and number of children engaged in child labor (implied by the records of bound-out children and indenture contracts).</li>
<li>Existence and enforcement of labor laws protecting children (implied by the historical evolution of laws such as the 13th Amendment and Fair Labor Standards Act).</li>
</ul>
</li>
<li><strong>SDG 16 Indicators</strong>
<ul>
<li>Number of institutions with transparent and accountable practices (implied by the role of selectmen and overseers certifying indenture contracts).</li>
<li>Access to legal documentation and contracts (implied by the preservation and study of indenture contracts).</li>
</ul>
</li>
</ol>
<h2>4. Table of SDGs, Targets and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 1: No Poverty</td>
<td>Target 1.2: Reduce poverty by half by 2030</td>
<td>Proportion of population living below national poverty line (implied by pauper apprentices)</td>
</tr>
<tr>
<td>SDG 4: Quality Education</td>
<td>Target 4.4: Increase youth and adults with vocational skills</td>
<td>Percentage of youth and adults with vocational skills (implied by trades learned)</td>
</tr>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>Target 8.7: Eradicate forced labor and worst forms of child labor</li>
<li>Target 8.8: Protect labor rights and promote safe working environments</li>
</ul>
</td>
<td>
<ul>
<li>Proportion and number of children engaged in child labor (implied by indenture records)</li>
<li>Existence and enforcement of labor laws (implied by historical legal changes)</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 16: Peace, Justice and Strong Institutions</td>
<td>
<ul>
<li>Target 16.6: Develop accountable and transparent institutions</li>
<li>Target 16.3: Promote rule of law and equal access to justice</li>
</ul>
</td>
<td>
<ul>
<li>Number of institutions with transparent practices (implied by selectmen oversight)</li>
<li>Access to legal contracts and documentation (implied by preserved indenture contracts)</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://provincetownindependent.org/featured/2025/12/31/when-wellfleet-thrived-on-child-labor/">provincetownindependent.org</a></strong></p>
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<title>Mexico’s Mazahua Community Combats Modern Challenges with Sustainable Tourism in Monarch Butterfly Region – Travel And Tour World</title>
<link>https://sdgtalks.ai/mexicos-mazahua-community-combats-modern-challenges-with-sustainable-tourism-in-monarch-butterfly-region-travel-and-tour-world</link>
<guid>https://sdgtalks.ai/mexicos-mazahua-community-combats-modern-challenges-with-sustainable-tourism-in-monarch-butterfly-region-travel-and-tour-world</guid>
<description><![CDATA[ Mexico’s Mazahua Community Combats Modern Challenges with Sustainable Tourism in Monarch Butterfly Region  Travel And Tour World ]]></description>
<enclosure url="https://www.travelandtourworld.com/wp-content/uploads/2025/12/Mazahua.jpg" length="49398" type="image/jpeg"/>
<pubDate>Wed, 31 Dec 2025 11:30:09 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>Mexico’s, Mazahua, Community, Combats, Modern, Challenges, with, Sustainable, Tourism, Monarch, Butterfly, Region, –, Travel, And, Tour, World</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Mazahua Community in Mexico Advances Sustainable Tourism Amid Modern Challenges</h2>
<h3>Introduction</h3>
<p>Located in the Michoacán highlands of Mexico, the Mazahua community, with origins tracing back to the 12th century, continues to uphold its rich cultural heritage through traditional artisan crafts. This report highlights the community’s efforts to address contemporary challenges by leveraging sustainable tourism, aligning with several Sustainable Development Goals (SDGs), including SDG 8 (Decent Work and Economic Growth), SDG 11 (Sustainable Cities and Communities), and SDG 15 (Life on Land).</p>
<h3>Preservation of Cultural Heritage Through Artisan Crafts</h3>
<p>The Mazahua people are renowned for their unique cross-stitch technique called <em>lomillo</em>. Artisans such as Lucila Marín García and her family employ vintage sewing machines to create hand-embroidered shawls, skirts, and sashes, preserving centuries-old traditions.</p>
<ul>
<li>The artisan work is a collaborative effort among five local families.</li>
<li>Traditional clothing plays a vital role in community events, including the Day of the Dead celebrations.</li>
<li>Each garment requires approximately three hours to complete, emphasizing quality and cultural expression.</li>
</ul>
<p>This cultural preservation supports SDG 4 (Quality Education) by passing knowledge across generations and SDG 8 by fostering local economic opportunities.</p>
<h3>Economic and Social Challenges</h3>
<p>Economic pressures have led many community members, particularly men, to seek employment abroad, notably in the United States. This migration affects local family dynamics and the regional economy, underscoring the need for sustainable local development aligned with SDG 10 (Reduced Inequalities) and SDG 8.</p>
<h3>The Monarch Butterfly Migration and Environmental Concerns</h3>
<p>The annual migration of millions of monarch butterflies to Michoacán’s forests is a significant cultural and spiritual event for the Mazahua people, symbolizing returning souls during the Day of the Dead. However, the butterfly colonies have drastically reduced from 40 acres in the 1990s to just 2.2 acres today.</p>
<ol>
<li>Primary causes include climate change and habitat loss.</li>
<li>This decline threatens both biodiversity and the cultural practices linked to the butterflies.</li>
</ol>
<p>These challenges relate directly to SDG 13 (Climate Action) and SDG 15 (Life on Land), highlighting the need for environmental conservation.</p>
<h3>Casa de la Cultura Mazahua: Promoting Sustainable Cultural Tourism</h3>
<p>In response to these challenges, the Casa de la Cultura Mazahua was inaugurated in September by Cultural Sanctuaries, led by Chris Rainier and Olivia McKendrick. This cultural center aims to:</p>
<ul>
<li>Preserve and promote Mazahua traditions.</li>
<li>Develop community-based sustainable tourism.</li>
<li>Provide workshops and cultural experiences for visitors at an accessible fee.</li>
<li>Empower local artisans by creating sustainable income sources.</li>
</ul>
<p>The initiative supports SDG 8 (Decent Work and Economic Growth), SDG 11 (Sustainable Cities and Communities), and SDG 12 (Responsible Consumption and Production).</p>
<p>Additionally, partnerships with tourism operators have introduced innovative access routes, such as a helicopter transfer from Mexico City, enhancing connectivity while respecting the community’s cultural integrity.</p>
<h3>Spiritual and Environmental Connection</h3>
<p>The Mazahua community maintains a profound relationship with their natural environment, exemplified by the traditional <em>temazcal</em> sweat lodge ceremonies led by local elder Jesús González Villareal (Don Chuy). These ceremonies:</p>
<ul>
<li>Symbolize renewal, cleansing, and spiritual unity.</li>
<li>Invoke respect for nature and the forest spirits through ritual acts.</li>
<li>Highlight the community’s commitment to environmental stewardship.</li>
</ul>
<p>This connection aligns with SDG 15 (Life on Land) and SDG 3 (Good Health and Well-being).</p>
<h3>Challenges to Sustainable Development</h3>
<p>Despite promising initiatives, the region faces significant obstacles:</p>
<ul>
<li>Security concerns due to criminal cartel activity deter tourism and threaten local livelihoods.</li>
<li>Illegal logging and environmental mismanagement endanger forest ecosystems critical to monarch butterflies and community well-being.</li>
<li>Economic pressures from migration continue to affect social structures.</li>
</ul>
<p>Addressing these challenges requires integrated approaches supporting SDG 16 (Peace, Justice and Strong Institutions) and SDG 15.</p>
<h3>Conclusion and Call to Action</h3>
<p>The Mazahua community’s efforts through the Casa de la Cultura Mazahua demonstrate how sustainable tourism can serve as a vehicle for cultural preservation, economic development, and environmental conservation. By embracing community-led initiatives, the Mazahua people contribute to multiple SDGs, including:</p>
<ol>
<li>SDG 4: Quality Education</li>
<li>SDG 8: Decent Work and Economic Growth</li>
<li>SDG 11: Sustainable Cities and Communities</li>
<li>SDG 12: Responsible Consumption and Production</li>
<li>SDG 13: Climate Action</li>
<li>SDG 15: Life on Land</li>
<li>SDG 16: Peace, Justice and Strong Institutions</li>
</ol>
<p>Continued support and sustainable practices are essential to ensure that this vibrant cultural heritage thrives amid environmental and socio-economic challenges, offering meaningful experiences for future generations of travelers and artisans alike.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed in the Article</h2>
<ol>
<li><strong>SDG 1: No Poverty</strong> – The article discusses economic challenges faced by the Mazahua community and efforts to create sustainable income through cultural tourism.</li>
<li><strong>SDG 8: Decent Work and Economic Growth</strong> – The promotion of artisan crafts and community-based tourism aims to generate employment and economic opportunities locally.</li>
<li><strong>SDG 11: Sustainable Cities and Communities</strong> – Preservation of cultural heritage and promotion of sustainable tourism contribute to resilient and sustainable communities.</li>
<li><strong>SDG 12: Responsible Consumption and Production</strong> – The focus on traditional artisan crafts and sustainable tourism practices aligns with responsible production and consumption.</li>
<li><strong>SDG 13: Climate Action</strong> – The article highlights climate change impacts on monarch butterfly migration and the community’s response to environmental challenges.</li>
<li><strong>SDG 15: Life on Land</strong> – Conservation of forests and monarch butterfly habitats is central to the article, emphasizing biodiversity protection and sustainable ecosystem management.</li>
<li><strong>SDG 16: Peace, Justice and Strong Institutions</strong> – The mention of criminal cartel influence and its impact on safety and tourism relates to promoting peaceful and inclusive societies.</li>
</ol>
<h2>2. Specific Targets Under the Identified SDGs</h2>
<ol>
<li><strong>SDG 1 – No Poverty</strong>
<ul>
<li>Target 1.2: Reduce poverty in all its dimensions through sustainable livelihoods.</li>
</ul>
</li>
<li><strong>SDG 8 – Decent Work and Economic Growth</strong>
<ul>
<li>Target 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, and innovation.</li>
<li>Target 8.9: Promote sustainable tourism that creates jobs and promotes local culture and products.</li>
</ul>
</li>
<li><strong>SDG 11 – Sustainable Cities and Communities</strong>
<ul>
<li>Target 11.4: Strengthen efforts to protect and safeguard the world’s cultural and natural heritage.</li>
</ul>
</li>
<li><strong>SDG 12 – Responsible Consumption and Production</strong>
<ul>
<li>Target 12.2: Achieve sustainable management and efficient use of natural resources.</li>
</ul>
</li>
<li><strong>SDG 13 – Climate Action</strong>
<ul>
<li>Target 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters.</li>
</ul>
</li>
<li><strong>SDG 15 – Life on Land</strong>
<ul>
<li>Target 15.1: Ensure conservation, restoration, and sustainable use of terrestrial ecosystems, forests, and biodiversity.</li>
<li>Target 15.5: Take urgent action to reduce degradation of natural habitats and halt biodiversity loss.</li>
</ul>
</li>
<li><strong>SDG 16 – Peace, Justice and Strong Institutions</strong>
<ul>
<li>Target 16.1: Significantly reduce all forms of violence and related death rates everywhere.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied in the Article to Measure Progress</h2>
<ol>
<li><strong>Indicator for SDG 1.2:</strong> Proportion of population living below the national poverty line, implied through economic challenges and migration patterns.</li>
<li><strong>Indicators for SDG 8.3 and 8.9:</strong>
<ul>
<li>Number of jobs created in sustainable tourism and artisan crafts.</li>
<li>Revenue generated from cultural tourism initiatives such as Casa de la Cultura Mazahua.</li>
</ul>
</li>
<li><strong>Indicator for SDG 11.4:</strong> Number of cultural heritage sites preserved and promoted, implied by the establishment of Casa de la Cultura Mazahua.</li>
<li><strong>Indicator for SDG 12.2:</strong> Sustainable use of natural resources, implied by community-based tourism and artisan production methods.</li>
<li><strong>Indicators for SDG 13.1:</strong> Changes in monarch butterfly migration patterns and habitat size as a measure of climate impact and ecosystem resilience.</li>
<li><strong>Indicators for SDG 15.1 and 15.5:</strong>
<ul>
<li>Area of forest habitat preserved (noted decline from 40 acres to 2.2 acres of butterfly colonies).</li>
<li>Incidence of illegal logging and environmental degradation.</li>
</ul>
</li>
<li><strong>Indicator for SDG 16.1:</strong> Number of security incidents or crime rates affecting tourism and local safety, implied by references to cartel influence.</li>
</ol>
<h2>4. Table of SDGs, Targets, and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 1: No Poverty</td>
<td>Target 1.2: Reduce poverty through sustainable livelihoods.</td>
<td>Proportion of population below poverty line; migration patterns indicating economic pressure.</td>
</tr>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
        Target 8.3: Promote productive activities and decent jobs.<br>
        Target 8.9: Promote sustainable tourism and local culture.
      </td>
<td>Number of jobs in artisan crafts and tourism; income from cultural tourism initiatives.</td>
</tr>
<tr>
<td>SDG 11: Sustainable Cities and Communities</td>
<td>Target 11.4: Protect and safeguard cultural and natural heritage.</td>
<td>Number of cultural heritage sites preserved; establishment and activities of Casa de la Cultura Mazahua.</td>
</tr>
<tr>
<td>SDG 12: Responsible Consumption and Production</td>
<td>Target 12.2: Sustainable management and use of natural resources.</td>
<td>Use of traditional artisan production methods; sustainable tourism practices.</td>
</tr>
<tr>
<td>SDG 13: Climate Action</td>
<td>Target 13.1: Strengthen resilience to climate hazards.</td>
<td>Changes in monarch butterfly migration and habitat size; community adaptation initiatives.</td>
</tr>
<tr>
<td>SDG 15: Life on Land</td>
<td>
        Target 15.1: Conservation and sustainable use of terrestrial ecosystems.<br>
        Target 15.5: Reduce degradation of natural habitats and biodiversity loss.
      </td>
<td>Forest area preserved; monarch butterfly colony size (decline from 40 acres to 2.2 acres); incidence of illegal logging.</td>
</tr>
<tr>
<td>SDG 16: Peace, Justice and Strong Institutions</td>
<td>Target 16.1: Reduce violence and improve safety.</td>
<td>Security incidents affecting tourism; impact of criminal cartel activity on local safety.</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.travelandtourworld.com/news/article/mexicos-mazahua-community-combats-modern-challenges-with-sustainable-tourism-in-monarch-butterfly-region/">travelandtourworld.com</a></strong></p>
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<title>A look back at 2025—and what’s in store for 2026—from the Global Economy and Development program – Brookings</title>
<link>https://sdgtalks.ai/a-look-back-at-2025and-whats-in-store-for-2026from-the-global-economy-and-development-program-brookings</link>
<guid>https://sdgtalks.ai/a-look-back-at-2025and-whats-in-store-for-2026from-the-global-economy-and-development-program-brookings</guid>
<description><![CDATA[ A look back at 2025—and what&#039;s in store for 2026—from the Global Economy and Development program  Brookings ]]></description>
<enclosure url="https://www.brookings.edu/wp-content/uploads/2025/12/2026-globe.jpg" length="49398" type="image/jpeg"/>
<pubDate>Sun, 28 Dec 2025 11:30:09 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>look, back, 2025—and, what’s, store, for, 2026—from, the, Global, Economy, and, Development, program, –, Brookings</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>An Inflection Point for the Global Economy and International System</h2>
<p>As 2025 concluded, the global economy faced significant challenges including geopolitical turbulence, trade disruptions, rising debt vulnerability, and climate change impacts. Experts from the Brookings Global Economy and Development program anticipate that 2026 presents opportunities to address these issues effectively, aligning with Sustainable Development Goals (SDGs) such as SDG 8 (Decent Work and Economic Growth), SDG 13 (Climate Action), and SDG 17 (Partnerships for the Goals).</p>
<h2>From Geopolitics to Technology—Two Major Issues</h2>
<h3>Rethinking Multilateralism</h3>
<p>The evolving global economic and geopolitical landscape necessitates a reimagined multilateral system that addresses contemporary challenges. Research conducted jointly by Brookings and the Korea Development Institute explores shifts in global economic governance and their implications for multilateralism, focusing on international trade, global financial stability, artificial intelligence (AI), emerging technologies, and climate change. This work supports SDG 16 (Peace, Justice and Strong Institutions) and SDG 17 (Partnerships for the Goals).</p>
<h3>Managing Labor Market Impacts of Technological Transformation</h3>
<p>Research analyzes historical labor market responses to technological changes and anticipates AI’s effects on work, income distribution, and inequality. The study aims to inform public policies that promote inclusive growth and reduce inequalities, advancing SDG 8 (Decent Work and Economic Growth) and SDG 10 (Reduced Inequalities).</p>
<h2>Advancing Africa’s Future: Reflections on 2025 and the Road Ahead</h2>
<p>The Africa Growth Initiative (AGI) at Brookings marked significant progress in 2025 by focusing on governance, economic transformation, and sustainable development. Key achievements include:</p>
<ol>
<li>Analysis of political trajectories through the State of Democracy in Africa project to strengthen democratic resilience (SDG 16).</li>
<li>Release of a report on U.S.–Africa critical mineral supply chains to mobilize private capital and foster sustainable mining and trade (SDG 9 – Industry, Innovation and Infrastructure; SDG 12 – Responsible Consumption and Production).</li>
<li>Publication of Foresight Africa: Top Priorities for Africa 2025–2030, highlighting progress toward the SDGs across the continent.</li>
<li>Research on job creation through service-led and agroprocessing industries to promote inclusive economic growth (SDG 8).</li>
<li>Engagement with African policymakers and global forums to inform strategies on economic resilience, digital finance, and governance.</li>
</ol>
<p>Looking forward to 2026, AGI plans to release Foresight Africa 2026, incorporating diverse stakeholder insights to further advance SDG-related priorities.</p>
<h2>Reflecting on Impact in 2025 and Looking Ahead to 2026</h2>
<p>Africa demonstrated economic resilience in 2025 despite challenges such as debt vulnerability, trade uncertainties, conflict, and democratic backsliding. Key contributions include:</p>
<ul>
<li>Publication of Foresight Africa 2025–2030, providing solutions to complex development challenges and informing UN and global policy discussions (SDG 17).</li>
<li>Release of the book “Realizing Africa’s Potential,” emphasizing the private sector’s role in sustainable development and economic transformation (SDG 8, SDG 9).</li>
<li>Leadership in U.S.–Africa critical minerals dialogue to promote sustainable investment and trade (SDG 9, SDG 12).</li>
<li>Research on democratic resilience and governance to support peaceful and inclusive societies (SDG 16).</li>
<li>Dissemination of knowledge through the Foresight Africa Podcast, engaging global leaders on development issues.</li>
</ul>
<p>In 2026, focus areas include trade, investment, digital technologies, development finance, and governance to enhance Africa’s sustainable development trajectory.</p>
<h2>Ensuring Inclusive, Equitable, and Relevant Learning for All Young People</h2>
<p>The Center for Universal Education (CUE) engaged over 200 partners across 70 countries in 2025 to promote inclusive and equitable education aligned with SDG 4 (Quality Education). Highlights include:</p>
<ul>
<li>Centering youth voices in education policy and research through symposiums and participatory studies.</li>
<li>Addressing student disengagement and promoting girls’ agency in marginalized contexts.</li>
<li>Supporting data collection and analysis for effective education financing.</li>
<li>Exploring the impact of AI on learning and equitable outcomes through the Global Task Force on AI in Education.</li>
<li>Hosting global symposia and collaborative research initiatives to transform education systems.</li>
</ul>
<p>In 2026, CUE will publish research on AI and learning, a field guide on collaborative research, and co-host global symposia to further education system transformation.</p>
<h2>Advancing Practical Solutions at the Frontiers of Development Challenges</h2>
<p>The Center for Sustainable Development (CSD) made significant strides in 2025 by addressing complex development challenges through research and policy engagement, supporting multiple SDGs including SDG 1 (No Poverty), SDG 5 (Gender Equality), SDG 10 (Reduced Inequalities), SDG 13 (Climate Action), and SDG 17 (Partnerships for the Goals). Key initiatives include:</p>
<ol>
<li>Leadership in climate finance and development system reform, including contributions to the Baku-to-Belém Roadmap and COP30 deliberations.</li>
<li>Innovations in public finance integrating gender equality, climate adaptation, and care.</li>
<li>Launch of America’s Rural Future commission to develop strategies for rural prosperity.</li>
<li>Research on collective intelligence, human-AI collaboration, and digital public infrastructure to enhance governance and institutional decision-making.</li>
</ol>
<p>Looking ahead to 2026, CSD aims to translate frontier research into actionable solutions through partnerships and policy engagement.</p>
<h2>The Workforce of the Future: Lessons from 2025 and What Comes Next</h2>
<p>In 2025, labor market challenges in the United States were compounded by restrictive immigration policies and economic anxieties related to technological change. The Workforce of the Future initiative focuses on evidence-based policies to promote inclusive economic security and opportunity, supporting SDG 8 (Decent Work and Economic Growth) and SDG 10 (Reduced Inequalities). Key findings and efforts include:</p>
<ul>
<li>Research demonstrating that combining enforcement with lawful migration alternatives effectively manages migration flows.</li>
<li>Analysis showing that restricting skilled immigration harms domestic workers by limiting firm growth and innovation.</li>
<li>Evidence from Ecuador indicating that migrant integration can stimulate economic growth and reduce crime.</li>
<li>Identification of labor market polarization and the need for modernized employment data systems to support worker mobility and skills development.</li>
<li>Assessment of nondegree credentials’ value, emphasizing quality assurance and transparency in adult education.</li>
</ul>
<p>Future work will focus on aligning economic development strategies with workforce needs to create pathways for economic mobility and social cohesion.</p>
<p><strong>Conclusion</strong></p>
<p>Throughout 2025, Brookings Institution’s Global Economy and Development program advanced research and policy solutions aligned with the Sustainable Development Goals. The emphasis on multilateral cooperation, inclusive economic growth, quality education, sustainable development finance, and equitable labor markets underscores a comprehensive approach to achieving the SDGs. Continued collaboration and evidence-based policymaking will be critical in 2026 to realize these global objectives.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected to the Issues Highlighted in the Article</h2>
<ol>
<li><strong>SDG 1: No Poverty</strong> – The article discusses economic transformation, job creation, and poverty reduction in Africa, highlighting efforts to unlock growth and reduce poverty.</li>
<li><strong>SDG 4: Quality Education</strong> – Focus on inclusive, equitable, and relevant learning for young people, addressing education systems transformation and youth agency.</li>
<li><strong>SDG 5: Gender Equality</strong> – Mention of integrating gender equality into fiscal policy and co-creating lessons on girls’ agency in marginalized contexts.</li>
<li><strong>SDG 8: Decent Work and Economic Growth</strong> – Emphasis on labor market impacts of technology, workforce development, job creation, and economic security.</li>
<li><strong>SDG 9: Industry, Innovation, and Infrastructure</strong> – Discussion on technology, AI, digital infrastructure, and innovation as drivers of development.</li>
<li><strong>SDG 10: Reduced Inequalities</strong> – Addressing inequality through democratic resilience, migration management, and inclusive growth policies.</li>
<li><strong>SDG 13: Climate Action</strong> – Climate finance, climate adaptation, and environmental outcomes are key themes.</li>
<li><strong>SDG 16: Peace, Justice, and Strong Institutions</strong> – Focus on governance, democratic resilience, transparency, and institutional reform.</li>
<li><strong>SDG 17: Partnerships for the Goals</strong> – Numerous references to global partnerships, multilateralism, and international cooperation.</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified Based on the Article’s Content</h2>
<ol>
<li><strong>SDG 1</strong>
<ul>
<li>Target 1.2: Reduce poverty by promoting inclusive economic growth and job creation.</li>
</ul>
</li>
<li><strong>SDG 4</strong>
<ul>
<li>Target 4.3: Ensure equal access to affordable and quality technical, vocational, and tertiary education.</li>
<li>Target 4.5: Eliminate gender disparities and ensure equal access to all levels of education.</li>
<li>Target 4.7: Ensure education promotes sustainable development and global citizenship.</li>
</ul>
</li>
<li><strong>SDG 5</strong>
<ul>
<li>Target 5.5: Ensure women’s full participation and equal opportunities for leadership.</li>
<li>Target 5.b: Enhance the use of enabling technology, particularly ICT, to promote empowerment of women.</li>
</ul>
</li>
<li><strong>SDG 8</strong>
<ul>
<li>Target 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, and innovation.</li>
<li>Target 8.5: Achieve full and productive employment and decent work for all women and men.</li>
<li>Target 8.6: Reduce the proportion of youth not in employment, education, or training.</li>
</ul>
</li>
<li><strong>SDG 9</strong>
<ul>
<li>Target 9.5: Enhance scientific research and upgrade technological capabilities of industrial sectors.</li>
<li>Target 9.c: Increase access to ICT and strive to provide universal and affordable access to the Internet.</li>
</ul>
</li>
<li><strong>SDG 10</strong>
<ul>
<li>Target 10.2: Empower and promote social, economic, and political inclusion of all.</li>
<li>Target 10.7: Facilitate orderly, safe, regular and responsible migration and mobility of people.</li>
</ul>
</li>
<li><strong>SDG 13</strong>
<ul>
<li>Target 13.a: Implement the commitment undertaken by developed-country parties to the UNFCCC to mobilize climate finance.</li>
<li>Target 13.b: Promote mechanisms for raising capacity for effective climate change-related planning and management.</li>
</ul>
</li>
<li><strong>SDG 16</strong>
<ul>
<li>Target 16.6: Develop effective, accountable and transparent institutions.</li>
<li>Target 16.7: Ensure responsive, inclusive, participatory and representative decision-making.</li>
<li>Target 16.10: Ensure public access to information and protect fundamental freedoms.</li>
</ul>
</li>
<li><strong>SDG 17</strong>
<ul>
<li>Target 17.16: Enhance global partnership for sustainable development.</li>
<li>Target 17.17: Encourage effective public, public-private and civil society partnerships.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied in the Article to Measure Progress Towards the Identified Targets</h2>
<ol>
<li><strong>Employment and Labor Market Indicators</strong>
<ul>
<li>Proportion of youth not in employment, education, or training (SDG 8.6)</li>
<li>Employment rates by skill level and sector (implied in workforce and credential analysis)</li>
<li>Data on nondegree credentials and their labor market value</li>
</ul>
</li>
<li><strong>Education Indicators</strong>
<ul>
<li>Access to inclusive and equitable quality education (SDG 4.5)</li>
<li>Student engagement and voice in education systems</li>
<li>Participation rates in technical and vocational education (SDG 4.3)</li>
</ul>
</li>
<li><strong>Governance and Institutional Indicators</strong>
<ul>
<li>Measures of democratic resilience and transparency (SDG 16.6, 16.7)</li>
<li>Indicators on public access to information and fundamental freedoms (SDG 16.10)</li>
</ul>
</li>
<li><strong>Climate Finance and Environmental Indicators</strong>
<ul>
<li>Amount of climate finance mobilized (SDG 13.a)</li>
<li>Capacity-building measures for climate change planning (SDG 13.b)</li>
</ul>
</li>
<li><strong>Migration Indicators</strong>
<ul>
<li>Number of migrants with legal pathways and asylum claims processed (SDG 10.7)</li>
<li>Impact of migration on economic growth and crime rates</li>
</ul>
</li>
<li><strong>Technology and Innovation Indicators</strong>
<ul>
<li>Access to digital infrastructure and Internet (SDG 9.c)</li>
<li>Adoption rates of AI and emerging technologies</li>
<li>Measures of innovation and technological capability (SDG 9.5)</li>
</ul>
</li>
<li><strong>Partnership and Cooperation Indicators</strong>
<ul>
<li>Number and effectiveness of international partnerships and multilateral cooperation initiatives (SDG 17.16, 17.17)</li>
</ul>
</li>
</ol>
<h2>4. Table: SDGs, Targets and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 1: No Poverty</td>
<td>1.2: Reduce poverty through inclusive economic growth and job creation</td>
<td>Employment rates; poverty reduction statistics</td>
</tr>
<tr>
<td>SDG 4: Quality Education</td>
<td>
<ul>
<li>4.3: Equal access to technical, vocational, and tertiary education</li>
<li>4.5: Eliminate gender disparities in education</li>
<li>4.7: Education for sustainable development</li>
</ul>
</td>
<td>
<ul>
<li>Enrollment and participation rates</li>
<li>Student engagement and voice metrics</li>
<li>Access to inclusive education</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 5: Gender Equality</td>
<td>
<ul>
<li>5.5: Women’s full participation and leadership</li>
<li>5.b: Use of technology to empower women</li>
</ul>
</td>
<td>
<ul>
<li>Gender parity indices</li>
<li>Access to ICT by women</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.3: Promote policies for productive activities and job creation</li>
<li>8.5: Achieve full employment and decent work</li>
<li>8.6: Reduce youth not in employment, education, or training</li>
</ul>
</td>
<td>
<ul>
<li>Employment-to-population ratios</li>
<li>Youth unemployment rates</li>
<li>Data on nondegree credentials and labor market outcomes</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 9: Industry, Innovation, and Infrastructure</td>
<td>
<ul>
<li>9.5: Enhance technological capabilities</li>
<li>9.c: Increase access to ICT and Internet</li>
</ul>
</td>
<td>
<ul>
<li>Internet penetration rates</li>
<li>Innovation indices</li>
<li>AI adoption metrics</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 10: Reduced Inequalities</td>
<td>
<ul>
<li>10.2: Promote social, economic, and political inclusion</li>
<li>10.7: Facilitate safe, regular migration and mobility</li>
</ul>
</td>
<td>
<ul>
<li>Migration statistics and legal pathway data</li>
<li>Inclusion and inequality indices</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 13: Climate Action</td>
<td>
<ul>
<li>13.a: Mobilize climate finance</li>
<li>13.b: Capacity-building for climate change planning</li>
</ul>
</td>
<td>
<ul>
<li>Amount of climate finance mobilized</li>
<li>Capacity-building program metrics</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 16: Peace, Justice, and Strong Institutions</td>
<td>
<ul>
<li>16.6: Develop accountable and transparent institutions</li>
<li>16.7: Inclusive decision-making</li>
<li>16.10: Public access to information</li>
</ul>
</td>
<td>
<ul>
<li>Governance and transparency indices</li>
<li>Democratic resilience measures</li>
<li>Freedom of information indicators</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 17: Partnerships for the Goals</td>
<td>
<ul>
<li>17.16: Enhance global partnership for sustainable development</li>
<li>17.17: Encourage effective public, public-private, and civil society partnerships</li>
</ul>
</td>
<td>
<ul>
<li>Number and effectiveness of partnerships</li>
<li>Multilateral cooperation metrics</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.brookings.edu/articles/a-look-back-at-2025-and-whats-in-store-for-2026-from-the-global-economy-and-development-program/">brookings.edu</a></strong></p>
<p> </p>]]> </content:encoded>
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<title>Lloyds shuts invoice financing service as small businesses feel squeeze – Financial Times</title>
<link>https://sdgtalks.ai/lloyds-shuts-invoice-financing-service-as-small-businesses-feel-squeeze-financial-times</link>
<guid>https://sdgtalks.ai/lloyds-shuts-invoice-financing-service-as-small-businesses-feel-squeeze-financial-times</guid>
<description><![CDATA[ Lloyds shuts invoice financing service as small businesses feel squeeze  Financial Times ]]></description>
<enclosure url="https://images.ft.com/v3/image/raw/https://d1e00ek4ebabms.cloudfront.net/production/6c95b771-96e0-42c0-8391-7aeccf7fdeae.jpg" length="49398" type="image/jpeg"/>
<pubDate>Sun, 28 Dec 2025 11:30:08 -0500</pubDate>
<dc:creator>sdgtalks</dc:creator>
<media:keywords>Lloyds, shuts, invoice, financing, service, small, businesses, feel, squeeze, –, Financial, Times</media:keywords>
<content:encoded><![CDATA[<p> </p>
<h2>Lloyds Banking Group Discontinues Invoice Financing Service for Small Businesses</h2>
<h3>Overview</h3>
<p>Lloyds Banking Group, the UK’s largest high street bank, has announced the closure of its invoice factoring service for small business customers by the end of the year. This decision reflects a broader trend among major UK lenders to shift focus towards more profitable corporate clients, impacting small and medium-sized enterprises (SMEs) that rely on such financial products.</p>
<h3>Context and Implications</h3>
<ul>
<li>Invoice factoring involves banks purchasing unpaid invoices from small businesses at a discount, providing immediate cash flow while assuming responsibility for payment collection.</li>
<li>The service is crucial for SMEs to manage cash flow and operational costs, especially amid rising expenses such as increased minimum wage, business rates, and energy costs.</li>
<li>Other major banks have taken similar steps: NatWest and Barclays have closed their factoring businesses, while HSBC has tightened eligibility criteria to customers with over £1 million in annual turnover.</li>
</ul>
<h3>Challenges in Invoice Factoring and SME Financing</h3>
<ol>
<li>Profitability Issues: Factoring services primarily serve SMEs, which often generate limited profits for banks, making the business less attractive.</li>
<li>Limited Cross-Selling: Banks have struggled to cross-sell other financial products to factoring customers, reducing potential revenue streams.</li>
<li>Stringent Lending Criteria: Increasingly strict revenue and profit requirements exclude many smaller businesses from accessing factoring services.</li>
</ol>
<h3>Impact on Small Businesses and Sustainable Development Goals (SDGs)</h3>
<p>The closure of invoice factoring services poses significant challenges for small businesses, which are vital to economic growth and employment. This development has implications for several Sustainable Development Goals:</p>
<ul>
<li><strong>SDG 8: Decent Work and Economic Growth</strong> – SMEs contribute substantially to job creation and economic development. Reduced access to financing may hinder their growth and sustainability.</li>
<li><strong>SDG 9: Industry, Innovation, and Infrastructure</strong> – Access to financial services like invoice factoring supports innovation and infrastructure development within SMEs.</li>
<li><strong>SDG 10: Reduced Inequalities</strong> – Smaller businesses often face financial exclusion; limiting invoice financing services may exacerbate inequalities in access to capital.</li>
</ul>
<h3>Stakeholder Perspectives</h3>
<ul>
<li><strong>Federation of Small Businesses:</strong> Craig Beaumont emphasized the need for banks to adopt more generous lending positions to support SMEs facing rising operational costs.</li>
<li><strong>Business Owners:</strong> Nathaniel Southworth, managing director of KAP Toys, highlighted the challenges smaller firms face due to banks’ preference for predictable financial profiles, often excluding less uniform businesses.</li>
<li><strong>Banks’ Position:</strong> Lloyds stated that its invoice factoring division is modest and that alternative services will continue to support customers. HSBC reaffirmed its commitment to providing cost-effective lending products for small businesses.</li>
</ul>
<h3>Conclusion</h3>
<p>The withdrawal of invoice factoring services by Lloyds Banking Group and other major UK banks underscores a critical shift in SME financing. While banks prioritize profitability and larger corporate clients, the resulting gap in accessible financial products for small businesses may impede progress towards key Sustainable Development Goals related to economic growth, innovation, and reduced inequalities. Stakeholders call for enhanced support mechanisms to ensure SMEs can sustain operations and contribute to the UK’s broader economic prosperity.</p>
<h2>1. Sustainable Development Goals (SDGs) Addressed or Connected to the Issues Highlighted in the Article</h2>
<ol>
<li><strong>SDG 8: Decent Work and Economic Growth</strong>
<ul>
<li>The article discusses challenges faced by small and medium-sized enterprises (SMEs) in accessing invoice financing, which impacts their cash flow and ability to sustain and grow their businesses.</li>
<li>It highlights issues related to employment costs, business rates, and the economic environment affecting SMEs.</li>
</ul>
</li>
<li><strong>SDG 9: Industry, Innovation, and Infrastructure</strong>
<ul>
<li>The focus on financial services and banking infrastructure that supports SMEs is relevant to building resilient infrastructure and fostering innovation.</li>
</ul>
</li>
<li><strong>SDG 10: Reduced Inequalities</strong>
<ul>
<li>The article addresses the disparity between large corporate clients and small businesses in accessing financial services.</li>
<li>It highlights how smaller businesses are being excluded due to stricter lending criteria, which contributes to economic inequality.</li>
</ul>
</li>
</ol>
<h2>2. Specific Targets Under Those SDGs Identified Based on the Article’s Content</h2>
<ol>
<li><strong>SDG 8 Targets</strong>
<ul>
<li><strong>Target 8.3:</strong> Promote 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.</li>
<li><strong>Target 8.10:</strong> Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance, and financial services for all.</li>
</ul>
</li>
<li><strong>SDG 9 Targets</strong>
<ul>
<li><strong>Target 9.3:</strong> Increase the access of small-scale industrial and other enterprises, in particular in developing countries, to financial services, including affordable credit, and their integration into value chains and markets.</li>
</ul>
</li>
<li><strong>SDG 10 Targets</strong>
<ul>
<li><strong>Target 10.2:</strong> Empower and promote the social, economic, and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion, or economic or other status.</li>
</ul>
</li>
</ol>
<h2>3. Indicators Mentioned or Implied in the Article to Measure Progress Towards the Identified Targets</h2>
<ol>
<li><strong>Indicator for Target 8.3 and 8.10</strong>
<ul>
<li>Proportion of small-scale enterprises with access to financial services, including invoice financing and factoring services.</li>
<li>Number or percentage of SMEs using invoice factoring or other working capital financing products.</li>
<li>Availability and affordability of credit products tailored to SMEs.</li>
</ul>
</li>
<li><strong>Indicator for Target 9.3</strong>
<ul>
<li>Number of small-scale enterprises accessing affordable credit and financial services from banks and financial institutions.</li>
<li>Volume or value of invoice financing products offered to SMEs by banks.</li>
</ul>
</li>
<li><strong>Indicator for Target 10.2</strong>
<ul>
<li>Degree of inclusion of small businesses in financial services compared to large corporate clients.</li>
<li>Changes in lending criteria and their impact on SME access to finance.</li>
</ul>
</li>
</ol>
<h2>4. Table of SDGs, Targets and Indicators</h2>
<table border="1" cellpadding="5" cellspacing="0">
<thead>
<tr>
<th>SDGs</th>
<th>Targets</th>
<th>Indicators</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDG 8: Decent Work and Economic Growth</td>
<td>
<ul>
<li>8.3: Promote policies supporting productive activities and growth of SMEs.</li>
<li>8.10: Strengthen financial institutions to expand access to banking and financial services.</li>
</ul>
</td>
<td>
<ul>
<li>Proportion of SMEs with access to financial services including invoice factoring.</li>
<li>Number/percentage of SMEs using working capital financing products.</li>
<li>Availability and affordability of SME credit products.</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 9: Industry, Innovation, and Infrastructure</td>
<td>
<ul>
<li>9.3: Increase access of small enterprises to financial services and integration into markets.</li>
</ul>
</td>
<td>
<ul>
<li>Number of small enterprises accessing affordable credit.</li>
<li>Volume/value of invoice financing products offered to SMEs.</li>
</ul>
</td>
</tr>
<tr>
<td>SDG 10: Reduced Inequalities</td>
<td>
<ul>
<li>10.2: Promote social and economic inclusion of all, regardless of economic status.</li>
</ul>
</td>
<td>
<ul>
<li>Degree of inclusion of small businesses in financial services versus large clients.</li>
<li>Impact of lending criteria changes on SME access to finance.</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p></p>
<p><strong>Source: <a href="https://www.ft.com/content/d1460278-017d-477d-ba82-f81528ce359a">ft.com</a></strong></p>
<p> </p>]]> </content:encoded>
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<title>World Leaders Call for Urgent Action to Rescue the Sustainable Development Goals</title>
<link>https://sdgtalks.ai/world-leaders-call-for-urgent-action-to-rescue-the-sustainable-development-goals</link>
<guid>https://sdgtalks.ai/world-leaders-call-for-urgent-action-to-rescue-the-sustainable-development-goals</guid>
<description><![CDATA[ A UN General Assembly declaration urges countries to scale up investment, cooperation, and political commitment to meet the SDGs. ]]></description>
<enclosure url="https://unctad.org/sites/default/files/2022-09/2022-09-20_SDG-Moment_1200x675.jpg" length="49398" type="image/jpeg"/>
<pubDate>Mon, 15 Dec 2025 01:15:54 -0500</pubDate>
<dc:creator>isaiahg_31</dc:creator>
<media:keywords>UN General Assembly, SDGs acceleration, global cooperation</media:keywords>
<content:encoded><![CDATA[<p>As the world reaches the halfway point between the opening launch of the Sustainable Development Goals and a 2030 deadline, global leaders have recognized an unmistakable reality: progress is achingly slow. So the United Nations General Assembly went into action, taking up a binding political declaration that professes urgent, large-scale action to accelerate progress across all 17 SDGs.</p>
<p>This declaration takes into consideration that several concurrent crises have turned the clock backwards in development gains in many countries through such converging crises as climate change, economic instability, conflict, and lingering pandemic effects. Leaders asserted that without renewed political commitment and stronger international cooperation, backed by increased financial investment, the SDGs will be unmet promises instead of attained outcomes.</p>
<p>From this declaration, one major outcry is the reform of global financial systems to allow developing countries access to affordable financing, which is vital to pursue sustainable development. Besides that, science, technology, and innovation, as well as inclusive decision-making that empowers and encompasses youth, women, and marginalized voices, remain very important.</p>]]> </content:encoded>
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<title>Why are the Sustainable Development Goals way off track?</title>
<link>https://sdgtalks.ai/why-are-the-sustainable-development-goals-way-off-track</link>
<guid>https://sdgtalks.ai/why-are-the-sustainable-development-goals-way-off-track</guid>
<description><![CDATA[ We are way off track in completing the SDGs by the 2030 deadline. The further we are from achieving these goals, the further we are from ensuring equality between countries. A lot of the roadblocks to meeting the deadline are financial. To push past this, first-world countries must donate their excess wealth to close the gap caused by colonialism. ]]></description>
<enclosure url="https://www.amnesty.org/en/wp-content/uploads/2025/06/264011-1468x710.jpg" length="49398" type="image/jpeg"/>
<pubDate>Sat, 29 Nov 2025 21:38:07 -0500</pubDate>
<dc:creator>Rayne Fowler</dc:creator>
<media:keywords></media:keywords>
<content:encoded><![CDATA[<p>The<span> </span><a href="https://sdgs.un.org/goals" target="_blank" rel="noreferrer noopener">Sustainable Development Goals (SDGs)</a><span> </span>were put in place 10 years ago to guarantee peace and prosperity for people and the planet, now and in the future. However, it’s looking less and less likely that they will be achieved by 2030 – and it’s all because of significant underinvestment for a decade and more recently, aid cuts by major donors such as the USA and a number of European countries.</p>
<h2 class="wp-block-heading" id="h-what-are-the-sustainable-development-goals"><strong>What are the Sustainable Development Goals?</strong></h2>
<p>In 2015, the United Nations put in place<span> </span><a href="https://sdgs.un.org/goals">17 goals</a><span> </span>to address global challenges, including poverty, inequality, climate change, environmental degradation, conflict and injustice. The vision was to end obstacles like discrimination, exclusion and inequality that frequently leave the most vulnerable people behind. The SDGs replaced the 2000-2015<span> </span><a href="https://www.un.org/millenniumgoals/">Millenium Development Goals</a><span> </span>which made some progress in areas such as poverty reduction, education and health. However, much of this progress was uneven with deepening inequality both between and within<span> </span><a href="https://ourworldindata.org/millennium-development-goals">countries</a>.</p>
<h2 class="wp-block-heading" id="h-will-the-sdgs-be-achieved-by-2030"><strong>Will the SDGs be achieved by 2030?</strong></h2>
<p>At the moment, no – with five years left to achieve the SDGs, they are widely off track.</p>
<p>Years of<span> </span><a href="https://www.amnesty.org/en/documents/ior40/9272/2025/en/">underinvestment by all states</a><span> </span>means that over 80 per cent of the Sustainable Development Goals (SDGs)’ targets are off track. At the mid-way point of the SDGs, in July 2023, the UN reported that progress on more than half of the SDGs was “weak and insufficient”, while for another 30 per cent it had “stalled or gone into reverse”. These include key targets on poverty, hunger and climate action.</p>
<h2 class="wp-block-heading" id="h-what-does-that-mean-for-our-world"><strong>What does that mean for our world?</strong></h2>
<p><a href="https://www.un.org/en/un75/inequality-bridging-divide">Existing inequalities between and within countries,<span> </span></a>which have widened due to a series of global crises, including the COVID-19 pandemic, climate change and economic downturns, could spiral further out of control.</p>
<p>The climate crisis together with weaknesses in the current financial system are sending lower- and middle-income countries further into debt. This is because often, their only option to cover the loss and damage caused by climate change is to seek additional loans. Countries in or at risk of spiralling debt spend more on debt repayments than on public services that are essential to people’s rights such as to health and education – fuelling the cycle of vulnerability.</p>
<h2 class="wp-block-heading" id="h-how-are-human-rights-being-impacted"><strong>How are human rights being impacted?</strong></h2>
<p>In the absence of real progress on the SDGs, the outlook for human rights is worrying.</p>
<p>The UN estimates that by 2030,<span> </span><a href="https://www.unicef.org/press-releases/hunger-numbers-stubbornly-high-three-consecutive-years-global-crises-deepen-un">585 million people will be chronically undernourished</a>, 1.66 billion people will still be living in extreme poverty, 84 million children will be out of school, 300 million attending school will leave unable to read and write and 660 million people will remain without electricity.</p>
<h2 class="wp-block-heading" id="h-what-s-finance-got-to-do-with-fulfilling-these-goals"><strong>What’s finance got to do with fulfilling these goals?</strong></h2>
<p>Everything!</p>
<p>The global financial architecture is rooted in historical inequalities and the continuing legacy of colonialism, which leaves many low-income countries with unsustainable debt, depriving them of the resources they need to finance the SDGs. Tax evasion and avoidance by multinational companies and wealthy individuals cost countries an<span> </span><a href="https://taxjustice.net/reports/the-state-of-tax-justice-2021/">estimated US$492 billion annually</a>. This is lost revenue, which could be spent on improving everyone’s access to economic, social and cultural rights.</p>
<h2 class="wp-block-heading" id="h-how-have-the-cuts-to-international-aid-affected-the-sdgs"><strong>How have the cuts to international aid affected the SDGs?</strong></h2>
<p><a href="https://www.ft.com/content/8230ac2b-9d3d-4d35-9c78-db9665b74236">Food rations have been cut in refugee camps</a>.<span> </span><a href="https://www.ft.com/content/8230ac2b-9d3d-4d35-9c78-db9665b74236">HIV/AIDS clinics have closed overnight, people are not receiving antiretroviral treatments.</a><span> </span>Almost half of women-led and women’s organizations surveyed by<span> </span><a href="https://www.unwomen.org/sites/default/files/2025-05/at-a-breaking-point-the-impact-of-foreign-aid-cuts-on-womens-organizations-in-humanitarian-crises-worldwide-en.pdf">UN Women</a><span> </span>expect to shut down within six months if current funding levels persist – with gender-based violence initiatives most at risk. The list goes on.</p>
<h2 class="wp-block-heading" id="h-there-s-been-a-lot-of-talk-about-tariffs-in-the-usa-what-are-they-and-how-are-they-affecting-human-rights"><strong>There’s been a lot of talk about tariffs in the USA. What are they and how are they affecting human rights?</strong></h2>
<p>Tariffs are taxes imposed by governments for imported services and goods. </p>
<p>Tariffs are both an instrument in international trade policy and an industrial policy, where they can be employed to protect domestic industries. The Trump administration has imposed broad and arbitrary tariffs as a political tool to pressure dozens of countries, including Canada, China and Mexico but also many smaller economies, into a range of concessions. The policy, which does not take into account the impact on people’s rights, is<span> </span><a href="https://economictimes.indiatimes.com/news/international/global-trends/trump-tariffs-are-disaster-for-the-worlds-poorest-countries/articleshow/119939467.cms?from=mdr">hitting some of the poorest and already most vulnerable countries</a>.</p>
<p>Tariffs can have a cascading effect on living conditions, employment, access to essential goods, and economic sovereignty, all of which can undermine human rights. Tariffs on essential imports like medicine, food, or fuel can make these and other basic necessities unaffordable in smaller or lower-income countries.</p>
<h2 class="wp-block-heading" id="h-what-are-high-income-states-doing-to-ensure-these-goals-are-achieved"><strong>What are high-income states doing to ensure these goals are achieved?</strong></h2>
<p>Not enough.In fact, rather than increasing their funding to support the SDGs, many major Western donors have slashed international assistance, creating<span> </span><a href="https://www.cgdev.org/blog/charting-fallout-aid-cuts">a huge crisis</a>.</p>
<p>Nevertheless, there are other ways high-income countries can help. They should commit to structural reforms that could provide sustainable sources of financing for the longer term – from advancing international tax cooperation and addressing the debt crisis, to reforming international financial institutions and promoting more inclusive systems of financing and development.</p>
<h2 class="wp-block-heading" id="h-so-what-can-be-done-to-achieve-these-goals"><strong>So, what<span> </span><em>can</em><span> </span>be done to achieve these goals?</strong></h2>
<p>A<span> </span><a href="https://www.amnesty.org/en/documents/ior40/9272/2025/en/">series of robust measures</a><span> </span>must be put in place if we are to rescue the SDGs.</p>
<p>The US and other governments must reverse cuts to aid budgets. States must provide debt relief for countries in or at risk of debt distress. Fossil fuels subsidies must be redirected towards investment in clean energy and leaders must commit to a full, fast, fair, and funded fossil fuel phase out across all sectors and invest adequately in a just and equitable transition.</p>
<p>Adopting these measures will go a long way to rescuing the SDGs and ensure social, economic and climate justice for millions across the world. </p>
<h2 class="wp-block-heading" id="h-what-is-amnesty-s-take-on-financing-for-development"><strong>What is Amnesty’s take on financing for development?</strong></h2>
<p><a href="https://www.amnesty.org/en/documents/ior40/9272/2025/en/">Amnesty International is calling for</a><span> </span>broad transformation of development finance, taxation, debt, and public and private investment to ensure the Sustainable Development Goals are achieved. This will ensure finance is more available and affordable for low-income countries to achieve their human rights obligations.</p>
<p>These changes must take place quickly to meet states’ international obligations to provide international cooperation and assistance to ensure human rights through the progressive realization of economic, social and cultural rights.</p>]]> </content:encoded>
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<title>GLOBAL: Countries must act fast to save the Sustainable Development Goals</title>
<link>https://sdgtalks.ai/global-countries-must-act-fast-to-save-the-sustainable-development-goals</link>
<guid>https://sdgtalks.ai/global-countries-must-act-fast-to-save-the-sustainable-development-goals</guid>
<description><![CDATA[ The Fourth International Conference for Financing for Development will take place this coming summer and serve as a check-in on reform plans to meet the SDGs by the 2030 deadline. Over 80% of SDGs are off track due to underinvestment. The hope for the Financing for Development Conference is to remind countries of their pledges and, hopefully, boost productivity and funding for the SDGs. ]]></description>
<enclosure url="https://www.amnesty.org/en/wp-content/uploads/2025/06/308211-1468x710.jpg" length="49398" type="image/jpeg"/>
<pubDate>Thu, 27 Nov 2025 18:05:51 -0500</pubDate>
<dc:creator>Rayne Fowler</dc:creator>
<media:keywords></media:keywords>
<content:encoded><![CDATA[<p>With countries in danger of failing to meet their Sustainable Development Goals targets – and their human rights obligations – leaders attending the<span> </span><a href="https://financing.desa.un.org/ffd4">Financing for Development Conference</a><span> </span>must act fast to avert climate catastrophe and guarantee the human rights of billions of people currently being denied socio-economic justice, said Amnesty International.</p>
<p>The 4th International Conference for Financing for Development will take place from 30 June to 3 July in Seville, Spain. It provides a unique opportunity to reform development financing at all levels and address financing challenges preventing the urgently needed investment push to achieve the<span> </span><a href="https://sdgs.un.org/goals">Sustainable Development Goals (SDGs)</a><span> </span>by 2030. The SDGs were put in place 10 years ago to guarantee peace and prosperity for people and the planet, now and in the future.</p>
<p>“Years of underinvestment by all states mean the majority of the Sustainable Development Goals are way off track from their 2030 target. This conference must confront the immediate crisis linked to the cutting of international assistance by major donors whilst committing to structural reforms that could provide sustainable sources of financing for the longer term – from advancing international tax cooperation and addressing the debt crisis, to reforming international financial institutions and promoting more inclusive systems of financing and development,” said Riva Jalipa, Amnesty International’s Financing for Rights Lead Adviser.</p>
<blockquote class="wp-block-quote is-style-plain has-black-color has-text-color has-large-font-size is-layout-flow wp-block-quote-is-layout-flow">
<p>A series of robust measures must be put in place if the Sustainable Development Goals are to become a reality.</p>
<cite>Riva Jalipa, Amnesty International’s Financing for Rights Lead Adviser</cite></blockquote>
<p>“A series of robust measures must be put in place if the SDGs are to become a reality. The US and other governments must reverse cuts to aid budgets. Wealthy states must support the UN tax treaty process whilst providing debt relief for countries in or at risk of debt distress including cancellation where appropriate. Fossil fuels subsidies must be redirected towards investment in clean energy and leaders must commit to a full, fast, fair and funded fossil fuel phase out across all sectors and invest adequately in a just and equitable transition. Adopting these measures will go a long way to rescuing the SDGs and ensure social, economic and climate justice for millions across the world.”</p>
<p>Amnesty International will also be co-hosting a Virtual Side Event at the Financing for Development Conference, Seville:<span> </span><em>Reparative Justice in Financing for Development</em>. The session will focus on development financing and reparative justice as a means through which a human rights-based economy which redresses both existing and historical injustices can not only be conceptualized but also practically actioned.<span> </span><a href="https://amnesty-org.zoom.us/webinar/register/WN__PHXaHPLS9eVR6fTR06CwA#/registration">Register to attend via Zoom.</a> </p>
<p><strong>Background</strong></p>
<p>The<span> </span><a href="https://sdgs.un.org/goals" target="_blank" rel="noreferrer noopener">Sustainable Development Goals (SDGs)</a><span> </span>were put in place 10 years ago to guarantee peace and prosperity for people and the planet, now and in the future. The 17 goals aimed to address global challenges, including poverty, inequality, climate change, environmental degradation, peace, and justice – to ensure no one was left behind. However,years of underinvestment by all states mean<span> </span><a href="https://unstats.un.org/sdgs/report/2024/The-Sustainable-Development-Goals-Report-2024.pdf">over 80% of the Sustainable Development Goals (SDGs)’ targets are off track </a>due to underinvestment by all states.</p>]]> </content:encoded>
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<title>Empowering Small Businesses for a Sustainable Future</title>
<link>https://sdgtalks.ai/empowering-small-businesses-for-a-sustainable-future</link>
<guid>https://sdgtalks.ai/empowering-small-businesses-for-a-sustainable-future</guid>
<description><![CDATA[ The article highlights the importance of small and medium-sized enterprises (MSMEs) in achieving global sustainability and the United Nations Sustainable Development Goals (SDGs). It focuses on MSME Day 2025, hosted by the United Nations Development Programme (UNDP) in Beijing, which promoted green innovation and collaboration among governments, businesses, and communities. The event emphasized that MSMEs, representing over 90% of global businesses, play a vital role in advancing goals such as decent work, innovation, and climate action. By adopting sustainable practices, small enterprises help build resilient, inclusive economies and show that meaningful global change begins with local action. ]]></description>
<enclosure url="https://www.undp.org/sites/g/files/zskgke326/files/2025-06/1x5a5295.jpg_tplv-9lv23dm2t1-resize-animforce-v1_1600_3000_gif.jpg" length="49398" type="image/jpeg"/>
<pubDate>Sun, 26 Oct 2025 12:09:12 -0500</pubDate>
<dc:creator>Tomas.Silvera001@mymdc.net</dc:creator>
<media:keywords>MSME Day 2025, Economic Growth, Environmental responsibility, Global collaboration, Green innovation</media:keywords>
<content:encoded><![CDATA[<p class="MsoNormal" style="line-height: 200%;"><span style="font-family: 'Times New Roman',serif;">            Small businesses are often perceived as the heart of many local economies, but their influence extends beyond community borders. They are vital sources of job creation, innovation, and economic stability. In June 2025, the United Nations Development Program (UNDP) hosted the MSME Day 2025 in Beijing to emphasize the critical role that micro, small, and medium-sized enterprises (MSMEs) have in achieving global sustainability. The event was held under the name “Green Innovation Empowering MSME Resilience: Advancing the Sustainable Development Goals.” Which focused on remarking the importance of strengthening small enterprises through sustainable tools, can lead to long-term, inclusive growth. <o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: 200%;"><span style="font-family: 'Times New Roman',serif;"><span style="mso-tab-count: 1;">            </span>MSMEs account for more than 90% of businesses worldwide and employ the majority of the global workforce. Despite their importance, many face consistent challenges such as limited access to financing, outdated technologies, and the growing impacts of climate change. The UNDP initiative aimed to address these issues by promoting strategies that help small businesses transition toward greener, more resilient models. Through collaboration among governments, financial institutions, and the private sector, the event underscored the need for an economic system that supports both human development and environmental responsibility. <o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: 200%;"><span style="font-family: 'Times New Roman',serif;"><span style="mso-tab-count: 1;">            </span>This global effort directly touches several SDGs, including SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation, and Infrastructure), SDG 12 (Responsible Consumption and Production), SDG 13 (Climate Action), and SDG 17 (Partnership for the Goals). Together, these goals reflect a vision for an economy that is inclusive, innovative, and environmentally conscious. Supporting small enterprises is not just about boosting productivity, but also provides social equity, promotes cleaner industries, and partnerships that can make sustainability achievable for everyone. <o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: 200%;"><span style="font-family: 'Times New Roman',serif;"><span style="mso-tab-count: 1;">            </span>The lessons from the MSME Day 2025 are also being seen as being implemented in cities like Miami, where many small businesses are beginning to adopt environmentally friendly practices such as reducing waste, switching to renewable energy, and sourcing materials locally. While these changes may appear as something small, they represent a step forward by all the small businesses towards a more sustainable future. Local action, no matter how small, when it is multiplied across thousands of communities across the country, has the power to create a significant impact at the global scale. <o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: 200%;"><span style="font-family: 'Times New Roman',serif;"><span style="mso-tab-count: 1;">            </span>The message that this initiative is trying to transmit is clear: sustainable development depends on collaboration. Governments must create accessible funding opportunities for small enterprises, so that they can start to become more sustainable and help the environment. <span style="mso-spacerun: yes;"> </span>Educational institutions should incorporate sustainability into business training, so all future entrepreneurs have the idea of sustainable business that they can create, generating jobs and a positive impact environment. Also, individuals can make a difference by supporting environmentally responsible companies, so not only do they get more money for their sustainable equipment, but they also create awareness in other businesses to begin implementing those same sustainable ideas. <o:p></o:p></span></p>
<p><span style="font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman',serif; mso-fareast-font-family: Aptos; mso-fareast-theme-font: minor-latin; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"><span style="mso-tab-count: 1;">            </span>As 2030 approaches, the world faces a growing urgency to meet the SDGs. Events like the MSME </span></p>
<p><span style="font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman',serif; mso-fareast-font-family: Aptos; mso-fareast-theme-font: minor-latin; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">Day</span><span style="font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman',serif; mso-fareast-font-family: Aptos; mso-fareast-theme-font: minor-latin; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"> 2025 function as a reminder that achieving these goals is not something that depends on the government, but </span></p>
<p><span style="font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman',serif; mso-fareast-font-family: Aptos; mso-fareast-theme-font: minor-latin; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">rather on us. Empowering small, sustainable businesses is essential to building a resilient, fair, and sustainable </span></p>
<p><span style="font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman',serif; mso-fareast-font-family: Aptos; mso-fareast-theme-font: minor-latin; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">world where economic success and environmental stewardship go hand in hand. </span></p>]]> </content:encoded>
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<title>Is Global Trade Negative?</title>
<link>https://sdgtalks.ai/is-global-trade-negative</link>
<guid>https://sdgtalks.ai/is-global-trade-negative</guid>
<description><![CDATA[ While global trade in the short term has created some disparities between more wealthy and poor nations, it has overall increased the wealth of the world&#039;s population. Long term benefits from global trade often include economic growth, improved living standards, and innovation. For example, countries such as Japan, Taiwan, and China have evolved from trading with mainly low-value exports to high-tech industries. Trade has shown to boost global prosperity, social welfare, and environmental progress. ]]></description>
<enclosure url="https://qph.cf2.quoracdn.net/main-qimg-c8a100d13310607083aa70f96cac80e8-lq" length="49398" type="image/jpeg"/>
<pubDate>Sat, 10 May 2025 16:45:03 -0500</pubDate>
<dc:creator>Aaron Farrar</dc:creator>
<media:keywords></media:keywords>
<content:encoded><![CDATA[<p class="p1">When looking at the world through a narrow lens, one could argue that global trade has negative implications due to the unfair imbalances created between developed and developing nations. However, despite these imbalances, it is important to recognize that global trade has undoubtedly led to positive growth and wealth creation for the world’s population as a whole. While it is true that initially poorer nations export their low-value goods and commodities to richer countries who profit disproportionately, over time their population benefits as their economy moves up the value chain. This cycle is supported by examples such as the case of Japan, Taiwan, and China. </p>
<p class="p1">Japan is a prime example of the transformational effects free trade can have on the economic prosperity for a developing nation. After the second world war, Japan had a very weak economy and an underutilized labor force. Japan’s factories exported low value-added goods that were inexpensive for the US consumer and other developed nations which took advantage of their low-cost labor. In the following decades, Japan began improving the quality of its products, exporting higher-value goods to the US with improved profit margins. Eventually, Japanese companies started becoming more profitable and rose to prominence as world leaders in various sectors, gaining market share from developed nations. Immense profits generated by Japanese companies resulted in higher wages for workers that increased tax revenue for the government, leading to more infrastructure and domestic investments that improved the nation’s overall social welfare. </p>
<p class="p1">This evolution did not solely benefit Japan, it was beneficial for American and European consumers as well. In addition to lowering consumer good prices, multinational competition forced corporate entities in developed nations to innovate in order to maintain market share. For instance, the “Big Three” automotive companies Ford, Chrysler, and GM, allowed their quality to decrease, turning their back on innovation and fuel efficiency. Competition from Japan drove technical advancements in many core industries strengthening the US economy overall. The auto sector began producing vehicles with lower carbon emissions that resulted in a reduction in greenhouse gases. This evolution clearly demonstrated the positive impacts of international trade for not only global growth and wealth but also for the environment in developed nations. While the prosperity generated from Japan’s export success lifted the nation’s economy, in the end, it also worked against them. The progression that improved the quality of Japanese products also led to an increase in prices and wages for their workers. As an unintended consequence, Japan lost the competitive advantage of low labor costs resulting in a manufacturing shift to other low-cost regions such as Taiwan and China. </p>
<p class="p1">Following Japan’s trajectory, Taiwan started off exporting low value-added goods to developed economies with weak profit margins. Once again this trade disproportionately benefited rich nations who incorporated Taiwan’s inexpensive goods into their profitable finished products. Over time their economy advanced moving from low tech to high tech manufacturing with expanding margins. Today Taiwan is well regarded as a global leader in semiconductor manufacturing. However, just as before this economic success increased the nation’s labor costs harming their comparative advantage for low value-added goods. The cyclical pattern continued as the developing world’s interest shifted towards other low-cost regions such as China and Vietnam. During the last decade, the succession continued even further pushing manufacturing to poorest regions such as Myanmar and Cambodia propelling them into the wheel of global economic development exploiting their population’s modest wage base.</p>
<p class="p1">Analyzing historical data on the macro trends in Japan, Taiwan and China there is clear evidence of improvements in GDP per capita, protein consumption, literacy rates, and life expectancy. While the initial cost of entry to the global market may be inequitable, the enhanced social welfare for developing nations demonstrates that the benefits of trade can be both positive and inclusive in the long term. The argument that global trade has had a negative impact oversimplifies the complex dynamics of interconnected world trade. Looking at a single aspect, it is easy to misinterpret the overall benefits of modern trade for the world’s population.</p>]]> </content:encoded>
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<title>Exploring the time&#45;varying asymmetric effects of environmental regulation policies and human capital on sustainable development efficiency: A province level evidence from China</title>
<link>https://sdgtalks.ai/exploring-the-time-varying-asymmetric-effects-of-environmental-regulation-policies-and-human-capital-on-sustainable-development-efficiency-a-province-level-evidence-from-china</link>
<guid>https://sdgtalks.ai/exploring-the-time-varying-asymmetric-effects-of-environmental-regulation-policies-and-human-capital-on-sustainable-development-efficiency-a-province-level-evidence-from-china</guid>
<description><![CDATA[ The Sustainable Development Goals (SDGs) for 2022 progress report indicates that global policies to reach SDGs 7 and 8 might not be as good as they could be. In the recent discussions at COP27 and in academic literature, sustainable development efficiency has also been brought up as a way to close this gap. Achieving sustainable development efficiency necessitates a favorable policy environment within economies. Environmental policies, human capital, and broader policy dimensions are just a few of the factors that influence this environment. The existing policy discourse and academic literature suggest that environmental regulation policies, human capital development, industrialization, urbanization, and GDP are potential drivers to achieve sustainable development efficiency. Hence, the study tends to erect a policy framework by investigating the time-varying effects of environmental regulation policies and human capital on sustainable development efficiency with the consort of industrialization and urbanization in a large economy—China. To this end, the study deploys the province-level panel data from 1998 to 2017 and utilizes several advanced econometric methods (Non-Parametric Panel Data Model, Wavelet Quantile Correlation, and Non-Parametric Panel Granger Causality Test). The results suggest that positive shocks in environmental regulation policies and human capital have favorable effects on sustainable development efficiency; however, their negative shocks have adverse impacts over time. Further, industrialization and urbanization significantly deteriorate the sustainable development efficiency. Based on the results, phase-wise policies are recommended in order to achieve SDGs 7 and 8. ]]></description>
<enclosure url="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr1.jpg" length="49398" type="image/jpeg"/>
<pubDate>Tue, 23 Jan 2024 18:30:05 -0500</pubDate>
<dc:creator>njvahlberg</dc:creator>
<media:keywords>Sustainable development efficiency, Environmental regulation policies, Human capital, Non-parametric, panel data method</media:keywords>
<content:encoded><![CDATA[<section id="s0005">
<h2 id="st0020" class="u-h4 u-margin-l-top u-margin-xs-bottom">1.<span> </span>Introduction</h2>
<div>
<p id="p0030">In recent times, China has made remarkable strides in obtaining impressive economic growth, as its GDP was $6.09 trillion in 2010 and which escalated to $17.73 trillion in 2021, representing 18.37% of worldwide GDP (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0340" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0340"><span class="anchor-text"><em>World Bank</em>, 2022</span></a><span>). Consequently, this commendable progress led to an exorbitant cost as the economy grappled with the soaring levels of environmental pollution, a dire threat to sustainable development and ecological balance at the local and global level. This environmental exigency might be on account of the unsustainable deployment of fossil fuel-based energy supplies. The combustion of fossil fuels causes <a href="https://www.sciencedirect.com/topics/engineering/oxidation-reaction" title="Learn more about oxidation from ScienceDirect's AI-generated Topic Pages" class="topic-link">oxidation</a> of the hydrocarbon structure of these fuels, resulting in ambient air pollution (</span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0305" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0305"><span class="anchor-text">Tumala et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0190" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0190"><span class="anchor-text">Liu et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0195" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0195"><span class="anchor-text">Liu et al., 2023b</span></a>).<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#f0005" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="f0005"><span class="anchor-text">Fig. 1</span></a><span> categorically visualizes the high intensity of <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/greenhouse-gas-emissions" title="Learn more about carbon emissions from ScienceDirect's AI-generated Topic Pages" class="topic-link">carbon emissions</a> in the thirty provinces of China, as reported by China Emission </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0070" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0070"><span class="anchor-text"><em>China Emission Accounts and Datasets</em><span> </span>(2023)</span></a>, and China emitted 27% of the global carbon dioxide (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0340" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0340"><span class="anchor-text"><em>World Bank</em>, 2022</span></a><span>). Therefore, the Chinese government committed to the global community to cut down carbon emissions to make a “carbon neutral China” by 2060 and achieve <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/sustainable-development-goals" title="Learn more about Sustainable Development Goals from ScienceDirect's AI-generated Topic Pages" class="topic-link">Sustainable Development Goals</a> (SDG), specifically, 7 and 8 (</span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib426" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib426"><span class="anchor-text">Climate Ambition Summit, 2020</span></a>).</p>
<figure class="figure text-xs" id="f0005"><span class="captions text-s"><span id="ca0005"></span></span></figure>
</div>
<p id="p0035">In order to accomplish the ambitious goal of sustainable economic development, the Chinese authorities enacted several environmental regulations and policies to foster economic growth while disrupting the rising ratio of carbon emissions (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0040" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0040"><span class="anchor-text">Balsalobre-Lorente et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0355" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0355"><span class="anchor-text">Zhang et al., 2021</span></a>).</p>
<p id="p0040">To obtain sustainable development along with environmental sustainability, the Chinese authorities remained proactive and have practiced several environmental regulation policies over the years (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0360" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0360"><span class="anchor-text">Zhang et al., 2022</span></a><span>). China's first comprehensive environmental law was launched in 1989. It established the <a href="https://www.sciencedirect.com/topics/engineering/state-environmental-protection-administration" title="Learn more about State Environmental Protection Administration from ScienceDirect's AI-generated Topic Pages" class="topic-link">State Environmental Protection Administration</a> (SEPA) to enforce environmental laws. Likewise, the Environmental Impact Assessment (EIA) law was proposed in 1990 to assess all significant development projects before proceeding to identify environmental issues and ensure mitigation. Also, China's <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/agenda-21" title="Learn more about Agenda 21 from ScienceDirect's AI-generated Topic Pages" class="topic-link">Agenda 21</a> (1994) aimed for global sustainable development. China's sustainable development strategy prioritized economic growth, social improvement, and environmental conservation. The Clean Production Promotion Law (2002) encouraged firms to decrease waste, save resources, and reduce pollution. Similarly, The <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/circular-economy" title="Learn more about Circular Economy from ScienceDirect's AI-generated Topic Pages" class="topic-link">Circular Economy</a> Promotion Law (2008) promoted a resource-efficient, waste-free circular economy. It encourages garbage recycling. Another law, “China's Air Pollution Prevention and Control Law” (2015), assisted in reducing city air pollution while imposing tight criteria for factory and vehicle emissions. China's Soil Pollution Prevention and Control Law (2018) prevented soil contamination. It required firms to clean up polluted locations and hold them accountable (</span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0360" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0360"><span class="anchor-text">Zhang et al., 2022</span></a>).</p>
<p id="p0045"><span>One such policy, launched in 2021, is nationwide <a href="https://www.sciencedirect.com/topics/engineering/carbon-market" title="Learn more about carbon markets from ScienceDirect's AI-generated Topic Pages" class="topic-link">carbon markets</a>, comprising around 2200 power sector enterprises, in order to price carbon emissions (</span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0355" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0355"><span class="anchor-text">Zhang et al., 2021</span></a><span>). Further, China has built a green <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/finance" title="Learn more about finance from ScienceDirect's AI-generated Topic Pages" class="topic-link">finance</a> system, including <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/green-bonds" title="Learn more about green bonds from ScienceDirect's AI-generated Topic Pages" class="topic-link">green bonds</a> and green loans, to encourage low-carbon growth. In addition, China leads the world in wind and solar <a href="https://www.sciencedirect.com/topics/engineering/power-generation" title="Learn more about energy generation from ScienceDirect's AI-generated Topic Pages" class="topic-link">energy generation</a>. By the end of 2030, China, as pledged by the Chinese government, will have the capacity to produce 35% of its electricity from green sources. Likewise, through manufacturer incentives and consumer subsidies, China is actively promoting the development and adoption of electric cars; thus, it became the leading electric vehicle market, delivering almost 1.3 million cars in 2020. Besides, China has taken several serious steps, including building and appliance requirements for energy efficiency, to enhance energy efficiency (</span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib427" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib427"><span class="anchor-text">China Country Climate and Development Report, 2022</span></a><span>). All these <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/environmental-policy" title="Learn more about environmental policies from ScienceDirect's AI-generated Topic Pages" class="topic-link">environmental policies</a> attracted the academic community to assess their contribution to sustainable development in China. Hence, it is rational to analyze how environmental regulation policies contribute to accelerating the sustainable development process.</span></p>
<p id="p0050">Simultaneously, China has taken several remarkable steps to enhance human capital. To do so, Chinese authorities targeted education and technology, which significantly contributed to the trigger of human capital in China (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0110" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0110"><span class="anchor-text">Fan et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0060" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0060"><span class="anchor-text">Chen et al., 2023</span></a>; &amp;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0180" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0180"><span class="anchor-text">Liang et al., 2022</span></a>). For instance, the Chinese government has undertaken several education reforms since 2005. In 2010, the “New Curriculum” was introduced to promote technical and innovative education across China (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0235" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0235"><span class="anchor-text">Opoku et al., 2022</span></a>). Also, Chinese authorities invest a large chunk of their budget on rural education in order to enhance the overall education level at the nation-level, as 32 billion dollars were invested in rural education in 2018 (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0060" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0060"><span class="anchor-text">Chen et al., 2023</span></a>). Since the rise in education level and technological progress tend to increase the number of efficient workers (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0285" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0285"><span class="anchor-text">Solow, 1956</span></a>), this process leads to enhance numbers of efficient human capital. Also, the ability to make better decisions on account of education and experience increases the efficiency of human capital. Since human capital works as an essential pillar to escalate economic growth (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0285" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0285"><span class="anchor-text">Solow, 1956</span></a>), it is important to investigate its impact on sustainable development.</p>
<p id="p0055">Due to the significance of environmental regulation policies and human capital, numerous scholars have made efforts to investigate their impact on sustainable development. In this regard, the academic community has utilized various economic indicators as measures of sustainable development efficiency, including ecological footprints and green growth (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0250" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0250"><span class="anchor-text">Razzaq et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0230" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0230"><span class="anchor-text">Ofori et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0100" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0100"><span class="anchor-text">De Haas and Popov, 2023</span></a>), carbon emissions (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0175" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0175"><span class="anchor-text">Li et al., 2023</span></a>), and green energy (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib428" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib428"><span class="anchor-text">Wu et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib429" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib429"><span class="anchor-text">Dogan et al., 2023</span></a>). However, there remains a considerable gap in this field, highlighting the following aspects: previous literature has not employed a comprehensive indicator to assess the efficiency of sustainable development and analyze its response to environmental regulation policies. Similarly, the effects of human capital on a comprehensive measure of sustainable development have not been explored yet. Furthermore, prior studies have primarily focused on examining average and symmetric effects, whereas the majority of economic trends exhibit asymmetric characteristics (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0090" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0090"><span class="anchor-text">Chishti et al., 2023</span></a>a;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0075" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0075"><span class="anchor-text">Chishti and Patel, 2023</span></a>). Therefore, in order to address the aforementioned gaps, this study aims to pose the following research question:</p>
<p id="p0060"><em><strong>Research question</strong>: How are the impacts of environmental regulation policies and human capital on sustainable development efficiency time-varying and asymmetric?</em></p>
<p id="p0065">The goal of this study is to investigate the dynamic factors that impact the effectiveness of sustainable development, with the aim of proposing policies for achieving SDG 7 and 8 goals. This study contributes to the scientific literature in several ways. Firstly, it is the first study to utilize the variable of sustainable development efficiency as a more accurate measure of sustainable development. Secondly, this is the first study that targets to divulge how environmental regulation policies shape sustainable development efficiency. To do so, the study splits environmental regulation policies, following<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0085" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0085"><span class="anchor-text">Chishti et al. (2021)</span></a>, into positive and negative shocks to explore the detailed and informative findings from a policy-making perspective. Thirdly, another significant contribution of the study is to investigate the effects of positive and negative shocks on human capital on sustainable development efficiency, unlike the previous studies, which considered the linearity of human capital. Fourthly, the study analyzes the effects of industrialization, urbanization, and economic growth on sustainable development efficiency.</p>
<p id="p0070"><span>Fifthly, for the SDG 7 and 8 goals to be made into a policy framework, the right methodological techniques are needed. The study uses province-level panel data for China from 1998 to 2017, and the chosen economic series seem to be asymmetrical, which shows that their trends change over time and suggests a plausible time-varying link. All such characteristics of the opted series should be taken into account properly. Therefore, to capture the time-varying nexus, the study deploys a non-parametric <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/panel-data-model" title="Learn more about panel data model from ScienceDirect's AI-generated Topic Pages" class="topic-link">panel data model</a> by </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib437" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib437"><span class="anchor-text">Churchill et al. (2019)</span></a><span>, wavelet <a href="https://www.sciencedirect.com/topics/engineering/quantile" title="Learn more about quantile from ScienceDirect's AI-generated Topic Pages" class="topic-link">quantile</a> correlation by </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib431" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib431"><span class="anchor-text">Kumar and Padakandla (2022)</span></a><span>, and a non-parametric panel <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/granger-causality-test" title="Learn more about Granger causality test from ScienceDirect's AI-generated Topic Pages" class="topic-link">Granger causality test</a> by </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib429" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib429"><span class="anchor-text">Dogan et al. (2023)</span></a>. These techniques enable the study to explore robust and reliable results in order to design a comprehensive policy framework to achieve SDGs 7 and 8.</p>
<p id="p0075">The remainder of the study is organized in the following order:<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#s0010" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="s0010"><span class="anchor-text">Section 2</span></a><span> </span>covers a pertinent literature review to highlight the literature gap.<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#s0040" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="s0040"><span class="anchor-text">Section 3</span></a><span> explains a theory-based framework to formulate the <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/econometric-model" title="Learn more about econometric model from ScienceDirect's AI-generated Topic Pages" class="topic-link">econometric model</a>. </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#s0045" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="s0045"><span class="anchor-text">Section 4</span></a><span> highlights the <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/econometrics" title="Learn more about econometric from ScienceDirect's AI-generated Topic Pages" class="topic-link">econometric</a> tools, and </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#s0075" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="s0075"><span class="anchor-text">Section 5</span></a><span> </span>covers the results along with a discussion.<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#s0115" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="s0115"><span class="anchor-text">Section 6</span></a><span> </span>concludes the results for developing a policy framework.</p>
</section>
<section id="s0010">
<h2 id="st0025" class="u-h4 u-margin-l-top u-margin-xs-bottom">2.<span> </span>Literature review</h2>
<p id="p0080">Sustainable development efficiency (i.e., the ability of a nation to achieve<span> </span><a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/sustainable-development-goals" title="Learn more about sustainable development goals from ScienceDirect's AI-generated Topic Pages" class="topic-link">sustainable development goals</a><span> </span>while minimizing the adverse of economic growth on the environment and natural resources) depends on how policymakers in an economy perceive the prospect of sustainable development efficiency (SDE). Perceptions of the SDE play a crucial role in how policymakers aim to promote it. Policy instruments can be used to catalyze this efficiency, which may take the form of environmental regulation policy, human capital development, urbanization or industrialization. In the current section, the relevant published studies will be critically reviewed to identify the comprehensive research gap.</p>
<section id="s0015">
<h3 id="st0030" class="u-h4 u-margin-m-top u-margin-xs-bottom">2.1.<span> </span>SDE and environmental regulation policy</h3>
<p id="p0085">The debate on how environmental regulation policies affect sustainable development is a recent development in the literature. Specifically, after the Paris accord, the worldwide economists tended to analyze the association at firm and national level while focusing on the direct and indirect channels.</p>
<p id="p0090">The environmental regulation policies play a crucial role in supporting the sustainable development (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0030" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0030"><span class="anchor-text">Appiah et al., 2023</span></a>). For instance,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0300" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0300"><span class="anchor-text">Sun et al. (2023)</span></a><span> </span>observed the same outcome while analyzing the impacts of environmental regulations on green growth via triggering the green energy markets for China's coastal areas. Another study on China by<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0375" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0375"><span class="anchor-text">Zheng et al. (2023)</span></a><span> </span>assessed the effects of environmental regulations on green total factor productivity (a proxy for sustainable development) and concluded that favorable impacts of environmental regulation. This phenomenon is observed for 108 cities in the Yangtze River Economic Belt, China. Also, the same results were deduced by<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0150" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0150"><span class="anchor-text">Jin et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0155" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0155"><span class="anchor-text">Jin et al., 2023b</span></a><span> </span>for China, while using the green total factor productivity as measure for sustainable development. Additionally, there are some researchers which use some other economic variables to measure sustainable development and analyze how such variables respond to the environmental regulations. For example,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0315" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0315"><span class="anchor-text">Wang et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0320" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0320"><span class="anchor-text">Wang et al., 2023b</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0325" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0325"><span class="anchor-text">Wang et al., 2023c</span></a><span> </span>deploy green transformation performance as measure of sustainable development, while taking data for 49 large- and medium-sized iron and steel firms in China. It was affirmed that environmental regulations foster the green transformation performance.<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0050" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0050"><span class="anchor-text">Binh An et al. (2023)</span></a><span> identified that environmental regulations exhibited a supportive behavior towards sustainable development through enhancing the <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/environmental-valuation" title="Learn more about environmental quality from ScienceDirect's AI-generated Topic Pages" class="topic-link">environmental quality</a> in top eight advanced nations. </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0260" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0260"><span class="anchor-text">Sadiq et al. (2023)</span></a><span> </span>developed the sustainable development index in order to measure the sustainable development. The results demonstrated that environmental regulations significantly promoted the development in ASEAN nations. The same phenomenon was witnessed by<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0365" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0365"><span class="anchor-text">Zhao et al. (2022)</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0375" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0375"><span class="anchor-text">Zheng et al. (2023)</span></a>, &amp;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0390" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0390"><span class="anchor-text">Zou and Zhang (2022)</span></a><span> </span>for China,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0005" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0005"><span class="anchor-text">Abban et al. (2022)</span></a><span> </span>and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0010" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0010"><span class="anchor-text">Ahmad et al. (2021)</span></a><span> </span>for G7 nations,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0120" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0120"><span class="anchor-text">Hao et al. (2022)</span></a><span> </span>for selected global economies, and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0380" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0380"><span class="anchor-text">Zhou et al., 2022a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0385" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0385"><span class="anchor-text">Zhou et al., 2022b</span></a><span> </span>for China.</p>
<p id="p0095">Based on the above anecdotal evidence, it can be inferred that environmental regulations play a vital direct and indirect role in determining the sustainable development. Therefore, it is rational to further hypothesize that environmental regulation can significantly contribute in triggering the sustainable development efficiency.</p>
</section>
<section id="s0020">
<h3 id="st0035" class="u-h4 u-margin-m-top u-margin-xs-bottom">2.2.<span> </span>SDE and human capital</h3>
<p id="p0100"><span>Huma capital, among the several important drivers <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/development-of-economics" title="Learn more about of economic development from ScienceDirect's AI-generated Topic Pages" class="topic-link">of economic development</a>, plays a key role in achieving the sustainable development through triggering the productivity, economic diversification, and innovation (</span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0270" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0270"><span class="anchor-text">Schultz, 1993</span></a>). The exploration of the nexus between human capital and sustainable is not a new phenomenon. However, the available literature indicate that majority of the previous studies intended to analyze the indirect effects of human capital on sustainable development. However, the pertinent literature lacks the direct effects of human capital on sustainable development, calling for more exploration in this area.</p>
<p id="p0105">Assessing the effects of human capital on sustainable development,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0115" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0115"><span class="anchor-text">Friderichs et al. (2023)</span></a><span> </span>observed that human capital's role is significant via disrupting the income inequality in South Africa.<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0315" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0315"><span class="anchor-text">Wang et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0320" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0320"><span class="anchor-text">Wang et al., 2023b</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0325" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0325"><span class="anchor-text">Wang et al., 2023c</span></a><span> </span>also reported that human capital was among the crucial economic variables which significantly enhanced the sustainable development through improving the environmental quality for the sample of 208 nations. The same results were documented by<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0265" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0265"><span class="anchor-text">Saqib et al. (2023)</span></a><span> </span>for selected 16 European economies. Also,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0210" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0210"><span class="anchor-text">Nkemgha et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0215" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0215"><span class="anchor-text">Nkemgha et al., 2023b</span></a><span> </span>witnessed that human capital triggered the erection of new infrastructure, industrialization process, and consequently economic growth. The study concluded that human capital was a crucial variable for boosting the sustainable development in Africa. A study on China by<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0150" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0150"><span class="anchor-text">Jin et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0155" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0155"><span class="anchor-text">Jin et al., 2023b</span></a><span> </span>assessed the effects of innovative human capital on sustainable development through the channel of green total factor productivity. The findings suggested the important role of human capital innovation in upsurging the green total factor productivity. Similarly,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0130" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0130"><span class="anchor-text">Hondroyiannis et al. (2022)</span></a><span> </span>for selected global nations,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0235" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0235"><span class="anchor-text">Opoku et al. (2022)</span></a><span> for <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/organisation-for-economic-co-operation-and-development" title="Learn more about OECD from ScienceDirect's AI-generated Topic Pages" class="topic-link">OECD</a> nations, </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0280" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0280"><span class="anchor-text">Shahbaz et al. (2022)</span></a><span> </span>for China, and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0245" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0245"><span class="anchor-text">Rafi et al. (2021)</span></a><span> for India reported that human capital played an essential role in fostering the sustainable development through boosting various <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/macroeconomic-variable" title="Learn more about macroeconomic variables from ScienceDirect's AI-generated Topic Pages" class="topic-link">macroeconomic variables</a>.</span></p>
<p id="p0110">The above review supports the argument that human capital is an essential factor to put the economy on the path of sustainable development. However, the dashboards leave a difficult task for readers to understand the measurement of sustainable development as the pertinent studies use several proxies to measure the sustainable development (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0125" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0125"><span class="anchor-text">Hirai and Comim, 2022</span></a>). Simply put, majority of the previous studies analyze the indirect effects of human capital on sustainable development. Hence, the prior literature calls for developing a more comprehensive measure for sustainable development to assess the direct effects while hypothesizing the favorable effects of human capital on sustainable development.</p>
</section>
<section id="s0025">
<h3 id="st0040" class="u-h4 u-margin-m-top u-margin-xs-bottom">2.3.<span> </span>SDE and urbanization</h3>
<p id="p0115">Urbanization is one the crucial economic drivers which significantly influence the sustainable development (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0135" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0135"><span class="anchor-text">Hoselitz, 1957</span></a>). The mainstream literature dashboard argues that, on the one side, urbanization process significantly thrives the economic growth, and on the other side, it deteriorates the environmental quality through emitting the carbon emissions. Hence, the effects of urbanization on sustainable development remains contradictory. Further, most of the studies assess the effects of urbanization on sustainable development indirectly.</p>
<p id="p0120">Many studies (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0105" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0105"><span class="anchor-text">Dilanchiev et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0160" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0160"><span class="anchor-text">Khan and Majeed, 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0110" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0110"><span class="anchor-text">Fan et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0060" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0060"><span class="anchor-text">Chen et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0180" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0180"><span class="anchor-text">Liang et al., 2022</span></a>; &amp;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0380" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0380"><span class="anchor-text">Zhou et al., 2022a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0385" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0385"><span class="anchor-text">Zhou et al., 2022b</span></a><span>) have identified that urbanization considerably escalates the economic growth through creating the jobs, erecting the infrastructure, and expanding the market size. Contrarily, some of the studies argued that urbanization disrupt the economic growth process by increasing the enormous <a href="https://www.sciencedirect.com/topics/engineering/resource-depletion" title="Learn more about resources depletion from ScienceDirect's AI-generated Topic Pages" class="topic-link">resources depletion</a> (</span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib432" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib432"><span class="anchor-text">Pata and Ertugrul, 2023</span></a>; and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib433" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib433"><span class="anchor-text">Chien et al., 2023</span></a>) and income inequality (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0370" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0370"><span class="anchor-text">Zhao et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0315" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0315"><span class="anchor-text">Wang et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0320" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0320"><span class="anchor-text">Wang et al., 2023b</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0325" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0325"><span class="anchor-text">Wang et al., 2023c</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0295" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0295"><span class="anchor-text">Sun (2023)</span></a>. In a similar vein, numerous studies (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0205" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0205"><span class="anchor-text">Naqvi et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0060" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0060"><span class="anchor-text">Chen et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0140" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0140"><span class="anchor-text">Huo et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0170" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0170"><span class="anchor-text">Lee et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0175" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0175"><span class="anchor-text">Li et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0225" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0225"><span class="anchor-text">Numan et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0345" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0345"><span class="anchor-text">Xie et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0350" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0350"><span class="anchor-text">Xie et al., 2023b</span></a>; &amp;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0190" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0190"><span class="anchor-text">Liu et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0195" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0195"><span class="anchor-text">Liu et al., 2023b</span></a>) that deduced that urbanization process had adverse effects on sustainable development through degrading the environmental quality while the studies relied on the various proxies to measure the environmental quality.</p>
<p id="p0125">Based on above review, it can be inferred that urbanization, one the one hand, supports the economic growth and on the other hand, it deteriorates the environmental quality. Thus, the effects likely effects of urbanization process on sustainable development remain contradictory or may be overall harmful since sustainable development requires an upsurge in economic growth along with green environment. Therefore, it is logical to hypothesize that urbanization may have positive or adverse effects on the sustainable development.</p>
</section>
<section id="s0030">
<h3 id="st0045" class="u-h4 u-margin-m-top u-margin-xs-bottom">2.4.<span> </span>SDE and industrialization</h3>
<p id="p0130">Industrialization, as a basic pillar, significantly influences sustainable development by accelerating the economic growth process. The popular literature generally contends that, on the one hand, industrialization process considerably boosts economic growth but, on the other hand, it degrades environmental quality by producing carbon emissions. As a result, the consequences of industrialization on sustainable development continue to be inconsistent.</p>
<p id="p0135">For instance,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0210" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0210"><span class="anchor-text">Nkemgha et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0215" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0215"><span class="anchor-text">Nkemgha et al., 2023b</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0275" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0275"><span class="anchor-text">Shah et al. (2023)</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0185" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0185"><span class="anchor-text">Liao et al. (2023)</span></a>, and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0200" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0200"><span class="anchor-text">Naeem et al. (2023)</span></a><span> </span>infer that industrialization plays a key role in determining the economic growth through enhancing the infrastructure, increasing the productivity, creating jobs, promoting the transfer of technology and innovation, and enhancing the trade. However, some scholars argue that industrialization is accountable for social inequality through causing the income inequality (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0020" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0020"><span class="anchor-text">Ali, 2023a</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0025" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0025"><span class="anchor-text">Ali, 2023b</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0165" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0165"><span class="anchor-text">Khan et al., 2023</span></a>). Similarly, several studies (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0200" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0200"><span class="anchor-text">Naeem et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0185" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0185"><span class="anchor-text">Liao et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0310" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0310"><span class="anchor-text">Voumik and Ridwan, 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0055" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0055"><span class="anchor-text">Caglar and Askin, 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0345" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0345"><span class="anchor-text">Xie et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0350" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0350"><span class="anchor-text">Xie et al., 2023b</span></a>; &amp;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0255" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0255"><span class="anchor-text">Rehman et al., 2023</span></a>) assess the effects of industrialization and deduce that environmental degradation rises due to industrialization.</p>
<p id="p0140">Based on the above literature, it can be inferred that industrialization encourages the economic growth along with discouraging the environmental sustainability and causing the income inequality. Such literature-based contradictory findings pose the query whether industrialization can contribute towards sustainable development or not. Therefore, it is logical to hypothesize the positive or negative effects of industrialization on sustainable development efficiency.</p>
</section>
<section id="s0035">
<h3 id="st0050" class="u-h4 u-margin-m-top u-margin-xs-bottom">2.5.<span> </span>Refreshing the literature gap</h3>
<p id="p0145">The above critical review indicates that environmental regulation policies, human capital, industrialization, urbanization, and GDP play an essential role in shaping sustainable development efficiency. However, the prior literature did focus on the following aspects: First, the prior literature could not deploy a comprehensive indicator to measure the efficiency of sustainable development and analyze its response to environmental regulation policies.</p>
</section>
</section>
<section id="s0040">
<ul class="list"></ul>
<p id="p0195">As the literature has identified that urbanization (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0110" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0110"><span class="anchor-text">Fan et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0060" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0060"><span class="anchor-text">Chen et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0180" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0180"><span class="anchor-text">Liang et al., 2022</span></a>), industrialization (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0200" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0200"><span class="anchor-text">Naeem et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib435" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib435"><span class="anchor-text">Azam et al., 2021</span></a>) and GDP (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0365" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0365"><span class="anchor-text">Zhao et al., 2022</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0375" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0375"><span class="anchor-text">Zheng et al., 2023</span></a>, &amp;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0390" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0390"><span class="anchor-text">Zou and Zhang, 2022</span></a><span>) play a significant role in determining the sustainable development through <a href="https://www.sciencedirect.com/topics/engineering/resource-depletion" title="Learn more about resources depletion from ScienceDirect's AI-generated Topic Pages" class="topic-link">resources depletion</a>, <a href="https://www.sciencedirect.com/topics/engineering/fossil-fuel-combustion" title="Learn more about fossil fuels combustion from ScienceDirect's AI-generated Topic Pages" class="topic-link">fossil fuels combustion</a>, and financial support, respectively. </span></p>
<p id="p0200">As the recent literature (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0300" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0300"><span class="anchor-text">Sun et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0375" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0375"><span class="anchor-text">Zheng et al., 2023</span></a><span>) has witnessed that environmental regulations policies (ERP) can play crucial in defining the sustainable development. For instance, ERP encourage the sustainable development through promoting the new and clean technologies. This process tends to expand the labor market by creating the new jobs. It leads to trigger the economic growth along with improving the <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/environmental-valuation" title="Learn more about environmental quality from ScienceDirect's AI-generated Topic Pages" class="topic-link">environmental quality</a> by reducing the greenhouse gases, specifically, carbon emissions (</span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0150" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0150"><span class="anchor-text">Jin et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0155" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0155"><span class="anchor-text">Jin et al., 2023b</span></a>; and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0315" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0315"><span class="anchor-text">Wang et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0320" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0320"><span class="anchor-text">Wang et al., 2023b</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0325" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0325"><span class="anchor-text">Wang et al., 2023c</span></a>). Also, the ENP encourages the sustainable development through decreasing the waste and natural resources depletion. Also, ERP boosts the sustainable development through promoting the international collaboration in order to address the global environmental issues. </p>
<p id="p0205">Recently, many scholars (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0085" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0085"><span class="anchor-text">Chishti et al., 2021</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0335" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0335"><span class="anchor-text">Weimin et al., 2021</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0330" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0330"><span class="anchor-text">Weimin and Zubair Chishti, 2021</span></a>) have argued that most of the economic series were nonlinear in nature. Simply put, the variations in the economic variables necessitates to treat them as an asymmetric series. Thus, the application of linear methods in order to perform the analysis may tends to inconsistent and biased results due to hindering the likely asymmetric information in the economic series (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0090" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0090"><span class="anchor-text">Chishti et al., 2023</span></a>). Hence, it rational to split the economic series into positive and negative series to obtain the asymmetric information. In the line with the above discussion, the recent study tends to split the central variables, viz., ERP and HC into positive and negative shocks.</p>
<p id="p0210">The positive shocks of ERP refer to significant improvements or advancements in policies and regulations related to environmental protection while the negative shocks refer to the decline in the advancements in the environmental regulation policies. Economically, the positive shocks in ERP are expected to trigger the sustainable development through promoting the new and clean technologies. This process tends to expand the labor market by creating the new jobs. It leads to trigger the economic growth along with improving the environmental quality by reducing the greenhouse gases, specifically, carbon emissions (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0150" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0150"><span class="anchor-text">Jin et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0155" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0155"><span class="anchor-text">Jin et al., 2023b</span></a>; and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0315" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0315"><span class="anchor-text">Wang et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0320" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0320"><span class="anchor-text">Wang et al., 2023b</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0325" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0325"><span class="anchor-text">Wang et al., 2023c</span></a>). Also, the positive trends in ENP encourage the sustainable development through decreasing the waste and natural resources depletion. Also, such positive changes in ERP boost the sustainable development through promoting the international collaboration in order to address the global environmental issues. On the other hand, it rational to argue that the negative shocks in ERP hurt the sustainable development through disrupting the new and clean technologies process. This process tends to contract the labor market by hindering the jobs. It results in dwindling the economic growth along with deteriorating the environmental quality by increasing the greenhouse gases, specifically, carbon emissions. To recapitulate, the upward trends in the ERP encourage the sustainable development while the downward trends in the ERP discourage the sustainable development.</p>
<p id="p0215">Likewise, the positive shocks in human capital (HC) means the significant improvements in the level of education, skills, and knowledge of a labor force to utilize the capital efficiently. Contrarily, the negative trends in HC indicate the downfall in the level of education, skills, and knowledge of a labor force. Economically, it can be argued that the upward trends in the human capital market tends to enhance the productivity level in an economy on account of higher level of education, skills and experience. It leads to trigger the economic growth (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0130" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0130"><span class="anchor-text">Hondroyiannis et al., 2022</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0235" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0235"><span class="anchor-text">Opoku et al., 2022</span></a>; and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0280" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0280"><span class="anchor-text">Shahbaz et al., 2022</span></a>). Contemporality, the higher level of education, skills and experience foster the process of innovation which consequently, improve the environment along with thriving the economic growth through boosting the green technologies. Also, the ability for better decision making on account of education and experience increases the efficiency; it, in response, boosts the growth along with improving the environmental quality. Conversely, it can be inferred that the downfall in the human capital causes the depletion of natural resources inefficiently due to heavily dependence on fossil fuels and low ratio of green technologies. This process tends to hurts the environmental quality along-with increasing the economic growth. To capitulate, the upward trends in human capital (PHC) significantly encourage the sustainable development, while the downward trends in human capital (NHC) discourage the sustainable development process.</p>
<p id="p0220">Based on the above arguments, it is rational to extend the model by integrating the positive shocks in ERP and human capital and negative shocks in ERP and human capital. <span class="display"><span id="fo0100" class="formula"><span class="math"><span class="MathJax_SVG" id="MathJax-Element-61-Frame" data-mathml="&lt;math xmlns=" http:="" www.w3.org="" 1998="" math="" mathml"=""><span class="MJX_Assistive_MathML" role="presentation"><math xmlns="http://www.w3.org/1998/Math/MathML"><msub is="true"><mi mathvariant="italic" is="true"></mi></msub></math></span></span></span></span></span></p>
<div>
<figure class="figure text-xs" id="f0010"><span><img src="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr2.jpg" height="284" alt="Fig. 2" aria-describedby="ca0010"></span>
<ol class="u-margin-s-bottom">
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr2_lrg.jpg" target="_blank" download="" title="Download high-res image (197KB)" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download high-res image (197KB)</span></span></a></li>
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr2.jpg" target="_blank" download="" title="Download full-size image" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download full-size image</span></span></a></li>
</ol>
<p id="sp0010"><span class="label">Fig. 2</span>.<span> </span>Shocks in environmental regulation policies.</p>
<span class="captions text-s"><span id="ca0010"></span></span></figure>
<figure class="figure text-xs" id="f0015"><span><img src="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr3.jpg" height="329" alt="Fig. 3" aria-describedby="ca0015"></span>
<ol class="u-margin-s-bottom">
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr3_lrg.jpg" target="_blank" download="" title="Download high-res image (213KB)" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download high-res image (213KB)</span></span></a></li>
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr3.jpg" target="_blank" download="" title="Download full-size image" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download full-size image</span></span></a></li>
</ol>
<p id="sp0015"><span class="label">Fig. 3</span>.<span> </span>Shocks in human capital.</p>
<span class="captions text-s"><span id="ca0015"></span></span></figure>
</div>
<p id="p0270"></p>
<p id="p0275">Based on the aforementioned theoretical discussion, the study expects that the positive shocks in environmental regulation policies and human capital supports the sustainable development efficiency (SDE). In a similar vein, economic growth (GDP) is expected to foster the SDE. However, it is highly likely that urbanization (URB) and industrialization (INDS) can deteriorate the SDE process.</p>
</section>
<section id="s0045">
<h2 id="st0060" class="u-h4 u-margin-l-top u-margin-xs-bottom">4.<span> </span>Methods and data</h2>
<p id="p0280"><span>For empirical analysis, this study primarily relies on advanced non-parametric <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/econometrics" title="Learn more about econometric from ScienceDirect's AI-generated Topic Pages" class="topic-link">econometric</a> tools, while also employing parametric methods for the purpose of comparison. The advanced non-parametric methods used include the non-parametric </span><a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/panel-data-model" title="Learn more about panel data model from ScienceDirect's AI-generated Topic Pages" class="topic-link">panel data model</a><span>, wavelet <a href="https://www.sciencedirect.com/topics/engineering/quantile" title="Learn more about quantile from ScienceDirect's AI-generated Topic Pages" class="topic-link">quantile</a> correlation method, and non-parametric panel Granger causality test. The parametric methods, on the other hand, consist of difference GMM and CS-ARDL methods. To conduct the estimations, the study follows the following strategy. Firstly, preliminary tests are performed, after which parametric difference GMM and CS-ARDL methods are deployed. Secondly, the non-parametric panel data model is employed, followed by the wavelet quantile correlation method and non-parametric panel Granger causality test.</span></p>
<section id="s0050">
<h3 id="st0065" class="u-h4 u-margin-m-top u-margin-xs-bottom">4.1.<span> </span>Non-parametric panel data model (with time-varying trend and coefficients functions)</h3>
<p id="p0285">This segment briefly introduces the non-parametric method deployed to compute the time-varying trend and coefficients. Following<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib436" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib436"><span class="anchor-text">Li et al. (2011)</span></a>, and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0355" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0355"><span class="anchor-text">Zhang et al. (2021)</span></a><span>, the local linear <a href="https://www.sciencedirect.com/topics/engineering/dummy-variable" title="Learn more about dummy variable from ScienceDirect's AI-generated Topic Pages" class="topic-link">dummy variable</a> estimate (LLDVE) is utilized and developed in </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib430" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib430"><span class="anchor-text">Churchill et al. (2019)</span></a><span> </span>and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib438" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib438"><span class="anchor-text">Hailemariam et al. (2019)</span></a><span> </span>as per instructions of<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib439" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib439"><span class="anchor-text">Moghaddam and Lloyd-Ellis (2022)</span></a><span>. </span></p>
</section>
<section id="s0055">
<p id="p0300">Next, the study tends to deploy the novel Wavelet Quantile Correlation (WQC) by<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib431" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib431"><span class="anchor-text">Kumar and Padakandla (2022)</span></a>. The WQC method offers several advantages, one of which is its ability to estimate the presence of asymmetric links between selected series by calculating results at different quantiles. Estimating quantile-wise results offers a significant advantage in generating robust findings by addressing the influence of outliers resulting from economic shocks (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib425" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib425"><span class="anchor-text">Rehman et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib424" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib424"><span class="anchor-text">Naeem et al., 2023</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib423" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib423"><span class="anchor-text">Farid et al., 2021</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib422" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib422"><span class="anchor-text">Naeem et al., 2020</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib420" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib420"><span class="anchor-text">Umar et al., 2022</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib421" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib421"><span class="anchor-text">Balli et al., 2019</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0090" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0090"><span class="anchor-text">Chishti et al., 2023</span></a>).</p>
<p><span class="display"><span id="fo0125" class="formula"><span class="math"><span class="MathJax_SVG" id="MathJax-Element-84-Frame" role="presentation" style="box-sizing: border-box; margin: 0px; padding: 0px; display: inline-block; font-style: normal; font-weight: normal; line-height: normal; font-size: 14.4px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; position: relative;" tabindex="0"><span class="MJX_Assistive_MathML" role="presentation"><math xmlns="http://www.w3.org/1998/Math/MathML"><msub is="true"><mi is="true">WQC</mi><mi mathvariant="normal" is="true">τ</mi></msub><mo stretchy="true" is="true">(</mo><msub is="true"><mi mathvariant="normal" is="true">d</mi><mi mathvariant="normal" is="true">j</mi></msub><mfenced open="[" close="]" is="true"><mi mathvariant="normal" is="true">X</mi></mfenced><mo is="true">,</mo><msub is="true"><mi mathvariant="normal" is="true">d</mi><mi mathvariant="normal" is="true">j</mi></msub><mfenced open="[" close="]" is="true"><mi mathvariant="normal" is="true">Y</mi></mfenced><mo linebreak="goodbreak" is="true">=</mo><mfrac is="true"><mrow is="true"><msub is="true"><mtext is="true">qcov</mtext><mi mathvariant="normal" is="true">t</mi></msub><mo stretchy="true" is="true">(</mo><msub is="true"><mi mathvariant="normal" is="true">d</mi><mi mathvariant="normal" is="true">j</mi></msub><mfenced open="[" close="]" is="true"><mi mathvariant="normal" is="true">X</mi></mfenced><mo is="true">,</mo><msub is="true"><mi mathvariant="normal" is="true">d</mi><mi mathvariant="normal" is="true">j</mi></msub><mfenced open="[" close="]" is="true"><mi mathvariant="normal" is="true">Y</mi></mfenced></mrow><msqrt is="true"><mrow is="true"><mo is="true">var</mo><mfenced open="(" close=")" is="true"><mrow is="true"><msub is="true"><mi mathvariant="normal" is="true">θ</mi><mi mathvariant="normal" is="true">τ</mi></msub><mfenced open="(" close=")" is="true"><mrow is="true"><msub is="true"><mi mathvariant="normal" is="true">d</mi><mi mathvariant="normal" is="true">j</mi></msub><mfenced open="[" close="]" is="true"><mi mathvariant="normal" is="true">Y</mi></mfenced><mo linebreak="badbreak" is="true">−</mo><msub is="true"><mi mathvariant="normal" is="true">Q</mi><mrow is="true"><mi mathvariant="normal" is="true">τ</mi><mo is="true">,</mo><msub is="true"><mi mathvariant="normal" is="true">d</mi><mi mathvariant="normal" is="true">j</mi></msub><mfenced open="[" close="]" is="true"><mi mathvariant="normal" is="true">Y</mi></mfenced></mrow></msub></mrow></mfenced></mrow></mfenced><mo is="true">var</mo><mfenced open="(" close=")" is="true"><mrow is="true"><msub is="true"><mi mathvariant="normal" is="true">d</mi><mi mathvariant="normal" is="true">j</mi></msub><mfenced open="[" close="]" is="true"><mi mathvariant="normal" is="true">X</mi></mfenced></mrow></mfenced></mrow></msqrt></mfrac><mspace width="0.25em" is="true"></mspace></math></span></span></span></span></span></p>
<p id="p0320">Where X, and Y = the independent and dependent series, respectively. Further, the time-period given in the WQC's outcome-based heatmaps can be split into three-time scales (viz, short run, medium run, and long-run) to understand the association between series across the different time horizons.</p>
</section>
<section id="s0060">
<h3 id="st0075" class="u-h4 u-margin-m-top u-margin-xs-bottom">4.3.<span> </span>Non-parametric panel granger causality test</h3>
<p id="p0325"><span>As a second robustness check, the study opts to deploy the novel non-parametric panel granger causality (NPPGC) test by Dong et al. (2021). There are numerous panel granger causality tests to detect the bidirectional causality; however, these tests lack to tackle the advanced econometric issues such as cross-sectional dependence, outliers' effect, and heterogeneity in the panel data. Therefore, Dong et al. (2021) propounded a novel <a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/causality-analysis" title="Learn more about NPPGC from ScienceDirect's AI-generated Topic Pages" class="topic-link">NPPGC</a> test to compute the robust and nonlinear causality between the panel series via a <a href="https://www.sciencedirect.com/topics/engineering/hybrid-method" title="Learn more about hybrid method from ScienceDirect's AI-generated Topic Pages" class="topic-link">hybrid </a></span></p>
</section>
<section id="s0065">
<h3 id="st0080" class="u-h4 u-margin-m-top u-margin-xs-bottom">4.4.<span> </span>Parametric panel data model</h3>
<p id="p0350">Primarily, the study aims at deploying the nonparametric panel method elaborated in the previous section to explore the time-varying effects of shocks in ERP and HC with the consort some other economic series on SDE for Chinese provinces. However, to justify the application of LLDVE technique, the study briefly discusses the two parametric, viz., Difference GMM by<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0035" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0035"><span class="anchor-text">Arellano and Bond (1991)</span></a><span> </span>and CS-ARDL by<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0095" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0095"><span class="anchor-text">Chudik and Pesaran (2015)</span></a><span> </span>as benchmark exercise.</p>
<p id="p0355">The above both (Difference GMM, and CS-ARDL) methods belong to the advanced econometric techniques. Diff. GMM is extended form of the GMM method and CS-ARDL is the extension of ARDL technique. Among the several benefits, both techniques tackle not only the basic econometric issues such as autocorrelation and heteroscedasticity but also handle the advanced econometric issues such as cross-section dependence, heterogeneity, and endogeneity (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0240" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0240"><span class="anchor-text">Paleologou, 2022</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0220" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0220"><span class="anchor-text">Noureen et al., 2022</span></a>). Further, both methods are famous in computing dynamic association among the modeled series. Hence, both methods are good representative of parametric methods' family which can estimate the consistent and reliable results.</p>
</section>
<section id="s0070">
<h3 id="st0085" class="u-h4 u-margin-m-top u-margin-xs-bottom">4.5.<span> </span>Data and preliminary analysis</h3>
<p id="p0360">The recent paper aims at divulging the time-varying effects of positive and negative shocks in environmental regulation policies (PERP &amp; NERP), positive and negative shocks in human capital (PHC &amp; NHC), industrialization (INDS), urbanization (URB), and GDP on sustainable development efficiency (SDE). The study deploys “Command-and-control environmental regulation” as a measure of ERP, “human capital index” as a measure of HC, “industrial structure” as a measure of INDS, “urbanization” as a measure of URB, and GPD (per-capita) as measure of GDP for each province of China. Further, sustainable development, comprehensively, is the balanced economic growth in each sector of an economy along with maintaining the environmental quality (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0045" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0045"><span class="anchor-text">Bhattacharya and Bose, 2023</span></a>). Simply put, the balanced growth along with environmental sustainability can represent the sustainable development. Hence, it is rational to measure the sustainable development efficiency (SDE) with carbon-adjusted GDP (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0355" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0355"><span class="anchor-text">Zhang et al., 2021</span></a>). <span class="math"><span class="MathJax_SVG" id="MathJax-Element-100-Frame" data-mathml="&lt;math xmlns=" http:="" www.w3.org="" 1998="" math="" mathml"=""> </span></span></p>
<p> The annual data for above series at are retrieved from China Statistical Yearbook (<a class="anchor u-display-inline anchor-paragraph" href="https://www.chinayearbooks.com/" target="_blank" rel="noreferrer noopener"><span class="anchor-text">https://www.chinayearbooks.com/</span><svg focusable="false" viewBox="0 0 8 8" aria-label="Opens in new window" width="8px" height="8px" class="icon icon-arrow-up-right-tiny arrow-external-link"><path d="M1.12949 2.1072V1H7V6.85795H5.89111V2.90281L0.784057 8L0 7.21635L5.11902 2.1072H1.12949Z"></path></svg></a>), China Industrial Enterprise Database (<a class="anchor u-display-inline anchor-paragraph" href="https://www.epschinastats.com/db_industrialenterprises.html" target="_blank" rel="noreferrer noopener"><span class="anchor-text">https://www.epschinastats.com/db_industrialenterprises.html</span><svg focusable="false" viewBox="0 0 8 8" aria-label="Opens in new window" width="8px" height="8px" class="icon icon-arrow-up-right-tiny arrow-external-link"><path d="M1.12949 2.1072V1H7V6.85795H5.89111V2.90281L0.784057 8L0 7.21635L5.11902 2.1072H1.12949Z"></path></svg></a>), and China Emission Accounts and Datasets (<a class="anchor u-display-inline anchor-paragraph" href="https://www.ceads.net/" target="_blank" rel="noreferrer noopener"><span class="anchor-text">https://www.ceads.net/</span><svg focusable="false" viewBox="0 0 8 8" aria-label="Opens in new window" width="8px" height="8px" class="icon icon-arrow-up-right-tiny arrow-external-link"><path d="M1.12949 2.1072V1H7V6.85795H5.89111V2.90281L0.784057 8L0 7.21635L5.11902 2.1072H1.12949Z"></path></svg></a>) for 30 provinces of China from 1998 to 2017 due to the data availability restrictions. All the modeled series are in logarithmic form.</p>
<div>
<p id="p0370"><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#t0005" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="t0005"><span class="anchor-text">Table 1</span></a><span> </span>reports the statistical description of the modeled variables, indicating the important information regarding the nature of the variables. For example, GDP has the largest mean (i.e., 9.607638), while SDE has the smallest (i.e., −0.023689). Also, there is a significant difference between minima and maxima of each series such as the maxima of ERP is 1.444563, while its minima are −3.506558. Further, the significance of Jarque-Bera test imply that all opted series are asymmetrically distributed in nature (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0080" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0080"><span class="anchor-text">Chishti et al., 2020</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib419" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib419"><span class="anchor-text">Naeem et al., 2023</span></a>). Hence, to treat the opted series, specifically, ERP and HC, as the symmetric series while performing the econometric analysis may produce biased and insistent results.</p>
<div class="tables frame-topbot rowsep-0 colsep-0" id="t0005">
<p id="sp0045"><span class="label">Table 1</span>.<span> </span><a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/descriptive-statistics" title="Learn more about Descriptive statistics from ScienceDirect's AI-generated Topic Pages" class="topic-link">Descriptive statistics</a>.</p>
<span class="captions text-s"><span id="ca0040"></span></span>
<div class="groups">
<table>
<thead>
<tr class="rowsep-1 valign-top">
<td scope="col"><span class="screen-reader-only">Empty Cell</span></td>
<th scope="col">SDE</th>
<th scope="col">ERP</th>
<th scope="col">HC</th>
<th scope="col">URB</th>
<th scope="col">INDS</th>
<th scope="col">GDP</th>
</tr>
</thead>
<tbody>
<tr>
<th scope="row">Mean</th>
<td>−0.023689</td>
<td>0.098935</td>
<td>2.111308</td>
<td>3.813515</td>
<td>3.791029</td>
<td>9.607638</td>
</tr>
<tr>
<th scope="row">Median</th>
<td>−0.034686</td>
<td>0.067659</td>
<td>2.119014</td>
<td>3.832113</td>
<td>3.836532</td>
<td>9.646344</td>
</tr>
<tr>
<th scope="row">Maximum</th>
<td>2.962185</td>
<td>1.444563</td>
<td>2.538851</td>
<td>4.495355</td>
<td>4.087203</td>
<td>11.16227</td>
</tr>
<tr>
<th scope="row">Minimum</th>
<td>−2.021877</td>
<td>−3.506558</td>
<td>1.590503</td>
<td>2.641910</td>
<td>2.945175</td>
<td>7.760727</td>
</tr>
<tr>
<th scope="row">Std. Dev.</th>
<td>0.663129</td>
<td>0.469655</td>
<td>0.134222</td>
<td>0.341724</td>
<td>0.204341</td>
<td>0.714955</td>
</tr>
<tr>
<th scope="row">Skewness</th>
<td>0.083328</td>
<td>−0.866115</td>
<td>−0.114257</td>
<td>−0.394980</td>
<td>−1.747853</td>
<td>−0.053779</td>
</tr>
<tr>
<th scope="row">Kurtosis</th>
<td>4.155410</td>
<td>11.16090</td>
<td>3.686142</td>
<td>3.279462</td>
<td>6.602561</td>
<td>2.250871</td>
</tr>
<tr>
<th scope="row">Jarque-Bera</th>
<td>34.06865</td>
<td>1740.021</td>
<td>13.07525</td>
<td>17.55340</td>
<td>629.9600</td>
<td>14.31906</td>
</tr>
<tr>
<th scope="row">Probability</th>
<td>0.000000</td>
<td>0.000000</td>
<td>0.001448</td>
<td>0.000154</td>
<td>0.000000</td>
<td>0.000777</td>
</tr>
<tr>
<th scope="row">Sum</th>
<td>−14.21342</td>
<td>59.36108</td>
<td>1266.785</td>
<td>2288.109</td>
<td>2274.617</td>
<td>5764.583</td>
</tr>
<tr>
<th scope="row">Sum Sq. Dev.</th>
<td>263.4043</td>
<td>132.1248</td>
<td>10.79136</td>
<td>69.94830</td>
<td>25.01128</td>
<td>306.1852</td>
</tr>
<tr class="valign-bottom">
<th scope="row">Observations</th>
<td>600</td>
<td>600</td>
<td>600</td>
<td>600</td>
<td>600</td>
<td>600</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
</section>
</section>
<section id="s0075">
<h2 id="st0090" class="u-h4 u-margin-l-top u-margin-xs-bottom">5.<span> </span>Results and discussion</h2>
<section id="s0080">
<h3 id="st0095" class="u-h4 u-margin-m-top u-margin-xs-bottom">5.1.<span> </span>Parametric methods' results</h3>
<div>
<p id="p0375">To identify whether the first-generation or the second-generation techniques are suitable to estimate the parametric results (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0090" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0090"><span class="anchor-text">Chishti et al., 2023</span></a>), the recent study starts by applying the cross-section dependence (CD) test by Baltagi et al. (2012). The outcome presented in<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#t0010" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="t0010"><span class="anchor-text">Table 2</span></a><span> </span>accepts the alternative hypothesis of cross-sectional dependence, implying that the modeled panel series are cross-sectionally dependent. Hence, it is, econometrically, important to deploy the second-generation tests (such as CADF, and Westerlund cointegration test) and methods (such as Difference GMM, and CS-ARDL) to produce the robust and consistent results. The second-generation unit root test's results, reported in (Panel A)<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#t0015" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="t0015"><span class="anchor-text">Table 3</span></a><span>, all the opted series fulfill the <a href="https://www.sciencedirect.com/topics/engineering/stationarity" title="Learn more about stationarity from ScienceDirect's AI-generated Topic Pages" class="topic-link">stationarity</a> condition after taking the level or first difference. Simply put, not a single panel series takes the second difference to be a stationary; hence, the study confidently proceeds towards the parametric results. Subsequent to this, the second-generation Westerlund cointegration, as reported in Panel B in </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#t0015" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="t0015"><span class="anchor-text">Table 3</span></a>, assures the long-run association by rejecting the null hypothesis of no-cointegration among the panel series.</p>
<div class="tables frame-topbot rowsep-0 colsep-0" id="t0010">
<p id="sp0050"><span class="label">Table 2</span>.<span> </span>CD test.</p>
<span class="captions text-s"><span id="ca0045"></span></span>
<div class="groups">
<table>
<thead>
<tr class="rowsep-1 valign-top">
<td scope="col"><span class="screen-reader-only">Empty Cell</span></td>
<th scope="col">CD test</th>
<th scope="col"><em>P</em>-value</th>
</tr>
</thead>
<tbody>
<tr>
<th scope="row">SDE</th>
<td>3.80</td>
<td>0.000</td>
</tr>
<tr>
<th scope="row">PERP</th>
<td>87.31</td>
<td>0.000</td>
</tr>
<tr>
<th scope="row">NERP</th>
<td>82.13</td>
<td>0.000</td>
</tr>
<tr>
<th scope="row">PHC</th>
<td>83.11</td>
<td>0.000</td>
</tr>
<tr>
<th scope="row">NHC</th>
<td>80.65</td>
<td>0.000</td>
</tr>
<tr>
<th scope="row">URB</th>
<td>32.93</td>
<td>0.000</td>
</tr>
<tr>
<th scope="row">INS</th>
<td>38.31</td>
<td>0.000</td>
</tr>
<tr>
<th scope="row">GDP</th>
<td>92.13</td>
<td>0.000</td>
</tr>
</tbody>
</table>
</div>
</div>
<div class="tables frame-topbot rowsep-0 colsep-0" id="t0015">
<p id="sp0055"><span class="label">Table 3</span>.<span> </span>Unit root &amp; cointegration tests.</p>
<span class="captions text-s"><span id="ca0050"></span></span>
<div class="groups">
<table>
<thead>
<tr class="valign-top">
<th scope="col" class="rowsep-1" colspan="3">Panel A: CADF test</th>
</tr>
<tr class="rowsep-1 valign-top">
<th scope="col">Variable</th>
<th scope="col">At level</th>
<th scope="col">At 1st difference</th>
</tr>
</thead>
<tbody>
<tr>
<td>SDE</td>
<td>−1.175</td>
<td>−3.361***</td>
</tr>
<tr>
<td>PERP</td>
<td>−2.391**</td>
<td>–</td>
</tr>
<tr>
<td>NERP</td>
<td>−1.964</td>
<td>−3.005***</td>
</tr>
<tr>
<td>PHC</td>
<td>−2.891***</td>
<td>–</td>
</tr>
<tr>
<td>NHC</td>
<td>−1.884</td>
<td>−3.588***</td>
</tr>
<tr>
<td>URB</td>
<td>−1.731</td>
<td>−3.363***</td>
</tr>
<tr>
<td>INDS</td>
<td>−2.071**</td>
<td>–</td>
</tr>
<tr>
<td>GDP</td>
<td>−1.819</td>
<td>−2.192**</td>
</tr>
<tr>
<td colspan="3"></td>
</tr>
</tbody>
</table>
<table>
<thead>
<tr class="rowsep-1 valign-top">
<th scope="col" class="rowsep-1" colspan="3">Panel B: Westerlund cointegration test</th>
</tr>
</thead>
<tbody>
<tr>
<td>Variance ratio</td>
<td>−2.4054**</td>
<td>0.0081</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
<div>
<p id="p0380"><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#t0020" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="t0020"><span class="anchor-text">Table 4</span></a><span> documents the outcome of Difference GMM and CS-ARDL techniques. The results determine that most of the <a href="https://www.sciencedirect.com/topics/engineering/regressors" title="Learn more about regressor from ScienceDirect's AI-generated Topic Pages" class="topic-link">regressor</a> significantly explain the variation in the SDE with the exception of NERP (in Diff. GMM &amp; CS-ARDL results), URB and GDP (in Diff. GMM results). Furthermore, the results show that PERP and URB have the significant positive link with SDE; however, magnitude of the both variables' coefficients is too low to influence the SDE. It implies that the any change in the positive shocks in environmental regulation policies and urbanization process significantly support the sustainable development efficiency; however, the effects is too minor to be considered. The positive and negative shocks in HC significantly encourage the SDE, indicating that SDE gains the significant benefits on account of rise and fall rise in human capital. Ironically, the Diff. GMM coefficient suggests the adverse effects (</span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib417" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib417"><span class="anchor-text">Karim, 2021</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib418" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib418"><span class="anchor-text">Karim, 2021</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib416" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib416"><span class="anchor-text">Karim et al., 2021</span></a>), while CS-ARDL coefficient suggest the positive effects of industrialization on SDE. Likewise, only CS-ARDL determines the significant but negative effects of GDP on SDE.</p>
<div class="tables frame-topbot rowsep-0 colsep-0" id="t0020">
<p id="sp0060"><span class="label">Table 4</span>.<span> </span>Outcome of the parametric methods.</p>
<span class="captions text-s"><span id="ca0055"></span></span>
<div class="groups">
<table>
<thead>
<tr class="rowsep-1 valign-top">
<th scope="col">Variables</th>
<th scope="col">Coefficients (Diff. GMM)</th>
<th scope="col">Coefficients (CS-ARDL)</th>
</tr>
</thead>
<tbody>
<tr>
<td>PERP</td>
<td>1.08E-06***</td>
<td>1.04e-07**</td>
</tr>
<tr>
<td>NERP</td>
<td>−2.60E-07</td>
<td>5.23e-08</td>
</tr>
<tr>
<td>PHC</td>
<td>1.000000***</td>
<td>0.9999998***</td>
</tr>
<tr>
<td>NHC</td>
<td>1.000001***</td>
<td>1.00000***</td>
</tr>
<tr>
<td>URB</td>
<td>8.88E-09</td>
<td>5.58e-08**</td>
</tr>
<tr>
<td>INDS</td>
<td>−1.21E-06*</td>
<td>3.74e-07**</td>
</tr>
<tr>
<td>GDP</td>
<td>−3.44E-07</td>
<td>−3.09e-078***</td>
</tr>
</tbody>
</table>
</div>
<p class="legend"></p>
<p id="sp0065">Note: ***, **, and * indicate the significance level at 1%, 5%, and 10%, respectively.</p>
<p id="sp0070">Note: In the above table, only long-run outcome of CS-ARDL method is reported. The short-run results can be seen in supplementary material.</p>
<p></p>
</div>
</div>
<p id="p0385">The results above highlight several inconsistencies. For instance, there are contradictory findings concerning the impact of industrialization, and unexpected positive effects have been identified despite negative shocks to human capital. Additionally, the coefficients of PERP, INDS, and GDP are significant, yet their magnitudes are relatively low. These observations suggest that point estimates obtained through parametric methods may be imprecise. There may be two reasons for these inconsistencies in the results. Firstly, misspecification in the model tends to cause the inconsistent results. Secondly, the parametric methods compute only the on average effects of regressors on the dependent series while reporting a single point estimate. Thus, these methods cannot depict how PERP, NERP, PHC, and NHC influence the SDE over-time. Such loopholes in the outcome of parametric methods inspire to deploy nonparametric panel technique. Therefore, the next section reports the findings of non-parametric panel method.</p>
</section>
<section id="s0085">
<h3 id="st0100" class="u-h4 u-margin-m-top u-margin-xs-bottom">5.2.<span> </span>Nonparametric panel technique results</h3>
<p id="p0390">This segment elaborates the outcome of the time-varying coefficients, and the common trend of SDE along with the province specific-trend functions.</p>
<section id="s0090">
<h4 id="st0105" class="u-margin-m-top u-margin-xs-bottom">5.2.1.<span> </span>Time-varying coefficients functions</h4>
<div>
<p id="p0395"><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#f0020" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="f0020"><span class="anchor-text">Fig. 4</span></a><span> visualizes the <a href="https://www.sciencedirect.com/topics/engineering/dummy-variable" title="Learn more about LLDVE from ScienceDirect's AI-generated Topic Pages" class="topic-link">LLDVE</a> estimate-based time varying coefficient function of PERP, NERP, PHC, NHC, URB, INDS, and GDP to analyze their time-varying effects on SDE in China. The LLDVE results plainly suggest that the nexus between PERP-SDE is significantly time-varying. Specifically, the PERP coefficient exhibits a negative but insignificant influence on SDE till 2003. After that, it demonstrates a sharp rising trend that peaks in 2008 and before plummeting, with insignificant effects observed during 2013–2016. Subsequently, an upward and significant trend is observed. The reason being, the rapid industrialization process in 1990 in China tended to cause the severe environmental issues along with boosting economic growth. To handle the devastative environmental degradation, the Chinese government established “State Environmental Protection Administration” in 1998 through enforcing the environmental laws. Also, in 2006, Chinese authorities launched “Circular Economy Promotion Law” in order to promote sustainable development. Therefore, in </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#f0020" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="f0020"><span class="anchor-text">Fig. 4</span></a>, it can be seen an upward trend in ERP which demonstrates the favorable effects, specifically, after 2004. Economically, the such positive shocks in ERP trigger the sustainable development through promoting the new and clean technologies. This process tends to expand the labor market by creating the new jobs. It leads to trigger the SDE along with improving the environmental quality by reducing the greenhouse gases, specifically, carbon emissions (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0150" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0150"><span class="anchor-text">Jin et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0155" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0155"><span class="anchor-text">Jin et al., 2023b</span></a>; and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0315" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0315"><span class="anchor-text">Wang et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0320" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0320"><span class="anchor-text">Wang et al., 2023b</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0325" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0325"><span class="anchor-text">Wang et al., 2023c</span></a><span>). Also, the positive trends in ENP encourage the sustainable development efficiency through decreasing the waste and natural resources depletion. Similarly, such positive changes in ERP boost the sustainable development through promoting the international collaboration in order to address the global environmental issues in China. Furthermore, another notable aspect in the graph is a sudden fall in NERP coefficient function after 2008. The likely reason is <a href="https://www.sciencedirect.com/topics/engineering/global-financial-crisis" title="Learn more about global financial crises from ScienceDirect's AI-generated Topic Pages" class="topic-link">global financial crises</a> which was started in 2007 and ended in 2008. In response, the global economy has to endure a significant fall in each sector of economy including the Chinese economy (</span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0390" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0390"><span class="anchor-text">Zou and Zhang, 2022</span></a>). Therefore, ERP exhibits a downward trend while affecting the sustainable development efficiency.</p>
<figure class="figure text-xs" id="f0020"><span><img src="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr4.jpg" height="979" alt="Fig. 4" aria-describedby="ca0020"></span>
<ol class="u-margin-s-bottom">
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr4_lrg.jpg" target="_blank" download="" title="Download high-res image (1MB)" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download high-res image (1MB)</span></span></a></li>
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr4.jpg" target="_blank" download="" title="Download full-size image" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download full-size image</span></span></a></li>
</ol>
<p id="sp0020"><span class="label">Fig. 4</span>.<span> </span>Nonparametric local linear estimates of common trend and coefficient functions. Note: The confidence interval for each estimate is 95% for significance level.</p>
<span class="captions text-s"><span id="ca0020"></span></span></figure>
</div>
<p id="p0400">Conversely, NERP has significant and time-varying effects on SDE such that during the all-time period, the NERP show an adverse effect on SDE except for time (i.e., 1998–2000) which exhibits the insignificant negative effects. Logically, the negative shocks in ERP hurt the sustainable development through disrupting the new and clean technologies process. This process tends to contract the labor market by hindering the jobs. It results in dwindling the economic growth along with deteriorating the environmental quality by increasing the greenhouse gases, specifically, carbon emissions. Summing up, the results plainly indicate that upward trend in ERP significantly supports and the downward trend in ERP deteriorates the sustainable development efficiency in China. The aforementioned findings are distinct, as prior studies (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0365" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0365"><span class="anchor-text">Zhao et al., 2022</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0355" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0355"><span class="anchor-text">Zhang et al., 2021</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0380" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0380"><span class="anchor-text">Zhou et al., 2022a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0385" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0385"><span class="anchor-text">Zhou et al., 2022b</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0015" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0015"><span class="anchor-text">Ahmed et al., 2022</span></a>) have overlooked the asymmetric effects of ERP on sustainable development.</p>
<p id="p0405">As for the effects of PHC, the results determine that PHC coefficient's function visualizes the time-varying nexus with SDE such that the upward trend in human capital significantly encourages the SDE specifically after 2009. It implies that PHC plays a supportive role in triggering the SDE after 2009. While before 2009, the effects remain positive but insignificant. There may be several reasons for these results. For instance, Chinese government has taken several education reforms since 2005. In 2010, the “New Curriculum” was introduced to promote the technical and innovative education across the China (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0235" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0235"><span class="anchor-text">Opoku et al., 2022</span></a>). Also, Chinese authorities invest a large chunk of budget on rural education in order to enhance the overall education level at nation-level as 32 billion dollars were invested on rural education in 2018 (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0060" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0060"><span class="anchor-text">Chen et al., 2023</span></a>). Since the rise in education level and technological progress tend to increase the number of efficient workers (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0285" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0285"><span class="anchor-text">Solow, 1956</span></a>), this process leads to enhance the number of efficient human capital. Thus, economically, it can be argued that the upward trends in the human capital market tends to enhance the productivity level in an economy on account of higher level of education, skills and experience. It leads to trigger the economic growth (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0130" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0130"><span class="anchor-text">Hondroyiannis et al., 2022</span></a>;<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0235" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0235"><span class="anchor-text">Opoku et al., 2022</span></a>; and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0280" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0280"><span class="anchor-text">Shahbaz et al., 2022</span></a>). Contemporality, the higher level of education, skills and experience foster the process of innovation which consequently, improve the environment along with thriving the economic growth through boosting the green technologies. Also, the ability for better decision making on account of education and experience increases the efficiency; it, in response, boosts the growth along with improving the environmental quality.<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0110" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0110"><span class="anchor-text">Fan et al. (2023)</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0060" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0060"><span class="anchor-text">Chen et al. (2023)</span></a>, and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0180" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0180"><span class="anchor-text">Liang et al. (2022)</span></a><span> </span>support the above findings and argue that human capital is an essential source to boost the sustainable development process.</p>
<p id="p0410">Focusing on the negative shocks in the human capital (NHC), it can be witnessed that the downward trend in HC significantly discourages the SDE process over the most of the time. It clearly suggests that any external shock that disrupt the human capital progress results in decreasing the SDE. Logically, it can be inferred that the downfall in the human capital causes the depletion of natural resources inefficiently due to heavily dependence on fossil fuels and low ratio of green technologies. This process tends to hurts the environmental quality along-with increasing the economic growth, implying the downfall in SDE. Again, this is another unique aspect of the study which confirms the adverse effects of NHC on SDE.</p>
<p id="p0415">Whereas the effects of GDP on SDE are concerned, the findings suggest that GDP has a significant and positive impact on SDE, particularly after 2003. Moreover, these favorable effects vary over time, with the strongest impact observed until 2007, followed by a decline that likely reflects the adverse effects of the global financial crisis in 2007–08. However, a gradual recovery is evident thereafter, which accelerates significantly after 2014. The results imply that overall GDP significantly contributes in fostering the SDE over-time, specifically, after 2014. Plausibly, the rising budget allocation by Chinese authorities to trigger the sustainable development plays a key role in this regard. For example, $366 billion dollars were allocation by China's National Development and Reform Commission for renewable energy sector development in 2008. In 2012, a package of $1.9 billion were allocated to encourage the use of environmentally friendly products. Further, China released $382 billion under the program of “13th Five-Year Plan for Energy Development” in 2015, $290 billion under program of “Guiding Opinions on Accelerating the Development of Green Finance” in 2016, and $5 billion in 2019 in order to promote green energy development through green finance (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib407" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib407"><span class="anchor-text">Naeem et al., 2022a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib408" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib408"><span class="anchor-text">Naeem et al., 2022b</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib415" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib415"><span class="anchor-text">Siddique et al., 2023</span></a>). All such measures significantly contribute in thriving the economic growth by fulfilling the energy demand. This process leads to enhance the economic growth along with improving the environmental quality through increasing the SDE.</p>
<p id="p0420">Regarding the effects of industrialization (INDS), the results indicate that SDE process has to face significant loss on account of INDS as the negative association is observed. Further, these linkages are dynamic over time, with the magnitude of adverse effects appearing to increase and become more intense during 2016–17 (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib400" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib400"><span class="anchor-text">Karim et al., 2022d</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib412" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib412"><span class="anchor-text">Naeem et al., 2023c</span></a>). Economically, the Chinese economy heavily relies on the industrial sector as its contribution to GDP was recorded by 39.4% in 2021 (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0145" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0145"><span class="anchor-text"><em>Investopedia</em>, 2022</span></a>) with the growth rate of 8.1% (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0340" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0340"><span class="anchor-text"><em>World Bank</em>, 2022</span></a><span>). The rapid growth in industrial sector requires a large amount of energy which is mainly stemmed from fossil fuels. For instance, coal accounted for 63.6% of total <a href="https://www.sciencedirect.com/topics/engineering/power-generation" title="Learn more about electricity generation from ScienceDirect's AI-generated Topic Pages" class="topic-link">electricity generation</a> in 2021 (</span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0290" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0290"><span class="anchor-text"><em>Statista</em>, 2023</span></a>). This process, ultimately, leads to degrade the environment which results in a downward trend in SDE. These results are in the line with<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0200" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0200"><span class="anchor-text">Naeem et al. (2023)</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0185" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0185"><span class="anchor-text">Liao et al. (2023)</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib409" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib409"><span class="anchor-text">Naeem et al., 2022</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib410" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib410"><span class="anchor-text">Naeem et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib406" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib406"><span class="anchor-text">Naeem and Karim, 2021</span></a><span> </span>and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0310" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0310"><span class="anchor-text">Voumik and Ridwan (2023)</span></a>.</p>
<p id="p0425">In the case of urbanization, the same findings are witnessed as of INDS. However, the magnitude of adverse effects tends to fall over time such that it becomes insignificantly positive after 2014. Also,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0205" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0205"><span class="anchor-text">Naqvi et al. (2023)</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0060" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0060"><span class="anchor-text">Chen et al. (2023)</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0140" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0140"><span class="anchor-text">Huo et al. (2023)</span></a>, and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0170" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0170"><span class="anchor-text">Lee et al. (2023)</span></a><span> </span>support the above results while arguing that urbanization impedes sustainable development growth process through producing the greenhouse gases.</p>
</section>
<section id="s0095">
<h4 id="st0110" class="u-margin-m-top u-margin-xs-bottom">5.2.2.<span> </span>Common and province-specific trend function</h4>
<div>
<p id="p0430">This segment of the paper visualizes the LLDVE-based estimates of common trend for SDE, as given in<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#f0020" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="f0020"><span class="anchor-text">Fig. 4</span></a>, along with the province specific trend functions for each province, as depicted in<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#f0025" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="f0025"><span class="anchor-text">Fig. 5</span></a>A, and B. The notable aspect of the LLDVE method is that it allows the trend function to evolve with unknown functional forms over the time to capture the likely trending phenomenon, unlike the parametric methods which assume the linear trend in the panel models. Also, province-specific trends are documented in order to confirm whether the heterogeneous trends across the provinces exist or not.</p>
<figure class="figure text-xs" id="f0025"><span><img src="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr5a.jpg" height="803" alt="Fig 5" aria-describedby="ca0025"></span>
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<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr5a_lrg.jpg" target="_blank" download="" title="Download high-res image (983KB)" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download high-res image (983KB)</span></span></a></li>
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr5a.jpg" target="_blank" download="" title="Download full-size image" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download full-size image</span></span></a></li>
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<span><img src="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr5b.jpg" height="809" alt="Fig 5" aria-describedby="ca0025"></span>
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<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr5b_lrg.jpg" target="_blank" download="" title="Download high-res image (881KB)" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download high-res image (881KB)</span></span></a></li>
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr5b.jpg" target="_blank" download="" title="Download full-size image" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download full-size image</span></span></a></li>
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<p id="sp0025"><span class="label">Fig 5</span>.<span> </span>A Nonparametric local linear estimates of province-specific trend functions. Note: The confidence interval for each estimate is 95% for significance level.</p>
<p id="sp0030">B. Nonparametric local linear estimates of province-specific trend functions. Note: The confidence interval for each estimate is 95% for significance level.</p>
<span class="captions text-s"><span id="ca0025"></span></span></figure>
</div>
<p id="p0435">Regarding the common trend function for SDE, it can be observed that the common trend has, overall, an upward and significant trend, implying that SDE is consistently escalating over time. Particularly, a sharp upward has been witnessed since 1998, followed by a slight downfall after 2001 till 2004. Possibly, the downfall from 2001 to 2004 reflects the deteriorating impact of the 9/11 event (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib404" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib404"><span class="anchor-text">Karim et al., 2023b</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib405" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib405"><span class="anchor-text">Mbarki et al., 2023</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib411" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib411"><span class="anchor-text">Naeem et al., 2023b</span></a>). The same downward trend is also observed after 2007, implying the adverse effects of the financial crisis in 2007–08. Another decline can be seen after 2014, indicating the possible negative effects of the financial crisis in 2014 (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib398" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib398"><span class="anchor-text">Karim et al., 2022b</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib403" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib403"><span class="anchor-text">Karim et al., 2023a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib401" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib401"><span class="anchor-text">Karim and Naeem, 2022</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib413" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib413"><span class="anchor-text">Pham et al., 2022</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib414" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib414"><span class="anchor-text">Siddique et al., 2022</span></a>). Summing up, SDE's common trend has the predominant upward trend while also depicting the adverse effects of various economic shocks over time (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib394" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib394"><span class="anchor-text">Benlagha et al., 2022</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib395" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib395"><span class="anchor-text">Billah et al., 2022</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib396" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib396"><span class="anchor-text">Farid et al., 2023</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib397" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib397"><span class="anchor-text">Karim et al., 2022a</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib399" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib399"><span class="anchor-text">Karim et al., 2022c</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib402" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib402"><span class="anchor-text">Karim et al., 2023a</span></a>).</p>
<p id="p0440">This segment also visualizes the province-specific trend patterns in order to affirm that whether these trends follow the pattern of common trend function or not as depicted in<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#f0025" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="f0025"><span class="anchor-text">Fig. 5</span></a>A and B. It can be observed that, out of 30 provinces, 18 provinces' individual trends closely follow the pattern of common trend, implying that these provinces have gaining the same benefits regarding enhancing the SDE. The remaining 12 provinces' individual trends demonstrate the significant differences from the common trend function, implying heterogeneity across these provinces from the main trend function. Further, most of these 12 provinces' individual trend pattern remain above the common trend pattern, indicating that SDE rate is high in these provinces as compared to the national level SDE rate.</p>
</section>
</section>
<section id="s0100">
<h3 id="st0115" class="u-h4 u-margin-m-top u-margin-xs-bottom">5.3.<span> </span>Robustness check</h3>
<p id="p0445">To assess the robustness of the main results based on LLDVE estimates, the study relies on two novel methods: Wavelet Quantile Correlation (WQC) method and non-parametric panel<span> </span><a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/causality-analysis" title="Learn more about granger causality from ScienceDirect's AI-generated Topic Pages" class="topic-link">granger causality</a><span> </span>(NPPGC) test.</p>
<section id="s0105">
<h4 id="st0120" class="u-margin-m-top u-margin-xs-bottom">5.3.1.<span> </span>Wavelet quantile correlation</h4>
<div>
<p id="p0450">To do so, the study converts the provincial level annual data into quarterly data, following<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bb0090" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bb0090"><span class="anchor-text">Chishti et al. (2023)</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib442" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib442"><span class="anchor-text">Qingquan et al. (2020)</span></a>, and<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib445" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib445"><span class="anchor-text">Shahbaz et al. (2018)</span></a>, in order to capture the detailed information. Next, all series are summed to make them representative of all provinces. Before diving into discussion of the WQC outcome, it is worth noting that the results of WQC are visualized in heatmaps and the color-bar given in right-side of each heatmap exhibits the significance and intensity of the effects. Further, it is assumed that quantiles 1–3 indicate the short-run, quantiles 4–6 indicate medium-run, and quantiles 7–9 indicate the long-run. The vertical axis of each heatmap shows the sample time. All the results are reported in<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#f0030" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="f0030"><span class="anchor-text">Fig. 6</span></a>. (See<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#f0035" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="f0035"><span class="anchor-text">Fig. 7</span></a>.)</p>
<figure class="figure text-xs" id="f0030"><span><img src="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr6a.jpg" height="768" alt="Fig. 6" aria-describedby="ca0030"></span>
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<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr6a_lrg.jpg" target="_blank" download="" title="Download high-res image (501KB)" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download high-res image (501KB)</span></span></a></li>
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr6a.jpg" target="_blank" download="" title="Download full-size image" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download full-size image</span></span></a></li>
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<span><img src="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr6b.jpg" height="979" alt="Fig. 6" aria-describedby="ca0030"></span>
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<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr6b_lrg.jpg" target="_blank" download="" title="Download high-res image (680KB)" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download high-res image (680KB)</span></span></a></li>
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr6b.jpg" target="_blank" download="" title="Download full-size image" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download full-size image</span></span></a></li>
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<p id="sp0035"><span class="label">Fig. 6</span>.<span> </span>Wavelet correlation method's results.</p>
<span class="captions text-s"><span id="ca0030"></span></span></figure>
<figure class="figure text-xs" id="f0035"><span><img src="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr7a.jpg" height="726" alt="Fig. 7" aria-describedby="ca0035"></span>
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<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr7a_lrg.jpg" target="_blank" download="" title="Download high-res image (617KB)" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download high-res image (617KB)</span></span></a></li>
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr7a.jpg" target="_blank" download="" title="Download full-size image" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download full-size image</span></span></a></li>
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<span><img src="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr7b.jpg" height="790" alt="Fig. 7" aria-describedby="ca0035"></span>
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<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr7b_lrg.jpg" target="_blank" download="" title="Download high-res image (648KB)" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download high-res image (648KB)</span></span></a></li>
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr7b.jpg" target="_blank" download="" title="Download full-size image" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download full-size image</span></span></a></li>
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<span><img src="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr7c.jpg" height="276" alt="Fig. 7" aria-describedby="ca0035"></span>
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<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr7c_lrg.jpg" target="_blank" download="" title="Download high-res image (247KB)" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download high-res image (247KB)</span></span></a></li>
<li><a class="anchor download-link u-font-sans u-display-inline anchor-default" href="https://ars.els-cdn.com/content/image/1-s2.0-S0140988323004206-gr7c.jpg" target="_blank" download="" title="Download full-size image" rel="noopener"><span class="anchor-text">Download :<span> </span><span class="download-link-title">Download full-size image</span></span></a></li>
</ol>
<p id="sp0040"><span class="label">Fig. 7</span>.<span> </span>Non-parametric panel<span> </span><a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/granger-causality-test" title="Learn more about granger causality test from ScienceDirect's AI-generated Topic Pages" class="topic-link">granger causality test</a><span> </span>outcome.</p>
<span class="captions text-s"><span id="ca0035"></span></span></figure>
</div>
<p id="p0455">Regarding the effects of PERP, the results plainly support the outcome of LLDVE. The findings reveal that PERP has approximately insignificant impact on SDE during short to long run over 1998Q1 to 2007Q4 with the exception of 3rd to 6th quantiles in 2002Q4 that show significantly positive effects. After 2008Q1, SDE gains the considerable benefits on account of PERP. On the other hand, the NERP demonstrates the significant adverse effects on SDE level during the all (short-long) runs over the all-time, implying that the negative shocks in ERP disrupt the process of SDE in China, supporting the LLDVE estimate (<a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib391" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib391"><span class="anchor-text">Alawi et al., 2023</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib392" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib392"><span class="anchor-text">Appiah et al., 2022</span></a>,<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#bib393" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="bib393"><span class="anchor-text">Arfaoui et al., 2023</span></a>).</p>
<p id="p0460">In the case of PHC and NHC, the results exhibit that PHC predominantly supports and NHC discourages the SDE level over the time across the various time horizons. Similarly, INDS significantly deteriorates the SDE process over most of the time across different time horizons except for a few quantiles in the short and medium run which demonstrate the favorable effects. The same results are observed in the case of URB. In the case of GDP, it is visualized that GDP plays an essential role in fostering the SDE as GDP possesses clearly positively effects on SDE across all runs over most of the time period. Summing up, WQC estimates validate the main results by supporting the estimates of LLDVE.</p>
</section>
<section id="s0110">
<h4 id="st0125" class="u-margin-m-top u-margin-xs-bottom">5.3.2.<span> </span>Non-parametric panel granger causality</h4>
<p id="p0465">As a second robustness check, the study deploys the novel non-parametric panel granger causality (NPPGC) test which is capable of capturing the causal nexus between the selected series across various quantiles and the outcome is reported in<span> </span><a class="anchor u-display-inline anchor-paragraph" href="https://www.sciencedirect.com/science/article/pii/S0140988323004206#f0035" data-sd-ui-side-panel-opener="true" data-xocs-content-type="reference" data-xocs-content-id="f0035"><span class="anchor-text">Fig. 7</span></a>. It is worth noting that the quantiles from 0.05 to 0.35 imply short-run, the quantiles from 0.4 to 0.65 imply the medium-run, and the quantiles from 0.7 to 0.95 imply the long-run. Further, the threshold significance level is 2, indicating the significance level at 5% if the estimated t-values remains above the threshold significance level. The results are reported in.</p>
<p id="p0470">Regarding the PERP, it can be witnessed that estimated values remain above the threshold values during the quantiles of 0.4 to 0.95 with the exception of 0.65. It confirms the significant granger causality that runs from PERP to SDE in the medium and long-run. The same causality is witnessed from NERP to SDE across the quantiles of 0.5 to 0.95. It reveals that any policy shocks to PERP and NERP may results in affecting SDE in China in the medium and long-run. Also, it implies that PERP and NERP can significantly predict SDE process which may have an enormous importance in the context of suitable policy-making. Likewise, PHC and NHC also significantly granger cause the SDE across the various quantiles. Further, GDP is the significant predictor of SDE across the all quantiles. In addition, INDS and URB granger cause the SDE during the most of the quantiles. Summing up, the modeled series significantly granger cause the SDE in the short, medium, and long run, implying that any policy shock to these series can influence the SDE in China and can guide in inferring the important policy implications for different time horizons.</p>
</section>
</section>
</section>
<section id="s0115">
<h2 id="st0130" class="u-h4 u-margin-l-top u-margin-xs-bottom">6.<span> </span>Conclusion and policy recommendations</h2>
<p id="p0475">By far, the study divulges the time-varying effects of positive and negative shocks in environmental regulation policies, as well as positive and negative shocks in human capital, in conjunction with industrialization, urbanization, and GDP, on sustainable development efficiency while deploying the Chinese provinces-level data. In this regard, the study utilizes several novel and advanced econometric tools (such as non-parametric panel method, wavelet-quantile Correlation method, and non-parametric panel granger causality) in order to attain robust and reliable results. The results-based on the above econometric tools can be summarized as follows.</p>
<p id="p0480">Firstly, the utilization of advanced econometric tools unequivocally confirms the presence of asymmetries among the selected series. Second, the positive shocks in environmental regulation policy exhibit the significantly favorable effects on sustainable development efficiency, while the negative shocks in environmental regulation policy disrupt the efficiency process over time. Third, the same pattern of response from sustainable development efficiency is noticed in the case of positive and negative shocks in human capital. Fascinatingly, it is observed that negative shocks in environmental regulations and human capital have more time varying effects on the development efficiency level as compared to the positive shocks. Fourth, the industrialization process seems to deteriorate the development efficiency over time. Fifth, the same results witnessed is the case of urbanization. However, the difference between the impacts of industrialization and urbanization is that latter's adverse effects seem to fall over-time. Last, GDP significantly contributes in fostering the development efficiency. Further, wavelet-quantile Correlation method-based results also support the prior main findings. Similarly, the novel granger causality also supports the results by confirming the causality between the independent and dependent series. For example, the results affirm the notable granger causality from the positive and negative shocks in environmental regulation policies, the positive and negative shocks in human capital, industrialization, urbanization, and GDP to sustainable development efficiency across the most of the quantiles.</p>
<section id="s0120">
<h3 id="st0135" class="u-h4 u-margin-m-top u-margin-xs-bottom">6.1.<span> </span>Policy recommendations</h3>
<p id="p0485">The results of this study are of utmost importance for deriving policy recommendations. The findings provide confirmation of the time-varying association between positive and negative shocks in environmental regulation policies, as well as positive and negative shocks in human capital, industrialization, urbanization, and GDP, and their impact on sustainable development efficiency (SDE). These results highlight the critical role of considering the dynamic<span> </span><a href="https://www.sciencedirect.com/topics/engineering/interplay" title="Learn more about interplay from ScienceDirect's AI-generated Topic Pages" class="topic-link">interplay</a><span> </span>between these factors when formulating effective policies.</p>
<p id="p0490"><em>Firstly</em>, the findings reveal that positive and negative shocks in environmental regulation policies (ERP) have the favorable and adverse effects on development efficiency, respectively, over the time. In particularly, the negative shocks in ERP are more sensitive to SDE. Before implementing the relevant policies, it is worthy to enhance the risk profile of SDE projects to delink the plausible effects of other economic shocks. It will help in understanding the exact effects of relevant variable's policies implication on the SDE. Possibly, the<span> </span><em>phase-wise policies</em><span> </span>can assist in triggering the ERP process.</p>
<p id="p0495">Phase 1:<span> </span><em>Short-term measures.</em></p>
<p id="p0500">In the initial phase, the authorities should focus on setting more stringent standards for pollution control by strengthening the regulatory bodies accountable for enforcement. Contemporarily, the policy-makers should suggest to increase the penalties for non-compliance in order to generate the finance as ERP heavily rely on the environmental regulatory funds. Also, this step may assist in avoiding the budget deficit while sparing the funds for ERP.</p>
<p id="p0505">Phase 2:<span> </span><em>Mid-term measures.</em></p>
<p id="p0510">In the second phase, the rise in ERP subsidies along with enhancing the transparency of regulatory enforcement can help in increasing the influence of ERP. Such steps may help in increasing the effectiveness of ERP, resulting fostering efficiency of sustainable development.</p>
<p id="p0515">Phase 3:<span> </span><em>Long-term measures.</em></p>
<p id="p0520">In the third phase, the authorities should increase the public awareness in order to obtain the feedback on the regulatory authorities for improvement. Also, the provision of research &amp; development-based budget can help the triggering the environmental regulation through promoting the new technologies. These phase-wise policy implications can encourage the upward trend in ERP and disrupt the negative trend in ERP; ultimately, this process can foster the SDE.</p>
<p id="p0525"><em>Second</em><span>, the shocks in human capital are highly sensitive to the SDE, calling for applying the <a href="https://www.sciencedirect.com/topics/engineering/optimal-policy" title="Learn more about optimal policies from ScienceDirect's AI-generated Topic Pages" class="topic-link">optimal policies</a> which can improve the positive trend in human capital while minimizing the effects of adverse shocks.</span></p>
<p id="p0530">Phase 1:<span> </span><em>Short-term measures.</em></p>
<p id="p0535">Initially, the authorities should target the enhancement of human capital through promoting the literacy and numeracy, along with encouraging the vocational and technical skills development.</p>
<p id="p0540">Phase 2:<span> </span><em>Mid-term measures.</em></p>
<p id="p0545">In the next stage, the authorities should prefer to minimize the negative shocks in human capital by preventing workplace accidents, improving workplace safety, and reducing exposure to hazardous substances. Additionally, the provision of affordable access to medical care for all citizens can also assist in minimizing the adverse shocks in human capital.</p>
<p id="p0550">Phase 3:<span> </span><em>Long-term measures.</em></p>
<p id="p0555">In the final stage, a regular and consistent evaluation and monitoring process can help in assessing whether the deployed policies to enhance human capital and avoid the negative shocks in human capital fall in the area of success and further measures can be taken to triggers these policies to accomplish the targeted goals.</p>
<p id="p0560"><em>Third</em>, the results suggest that industrialization and urbanization have harmful effects on SDE. The following step-wise policies can be drawn.</p>
<p id="p0565">Phase 1:<span> </span><em>Short-term measures.</em></p>
<p id="p0570">At initial stage, to accommodate expanding industrial and urban areas, the government should center on planning and infrastructure development. Policies should be put in place to ensure that industrial development is sustainable and does not harm the environment.<span> </span><a href="https://www.sciencedirect.com/topics/economics-econometrics-and-finance/emission-limit" title="Learn more about Emissions limits from ScienceDirect's AI-generated Topic Pages" class="topic-link">Emissions limits</a>, garbage collection schedules, and limits on material use are all examples of possible measures. Similarly, Urbanization strategies should focus on providing appropriate housing, transportation, and public services such as healthcare and education. Infrastructure development should prioritize green areas and public parks to create a healthy living environment.</p>
<p id="p0575">Phase 2:<span> </span><em>Mid-term measures.</em></p>
<p id="p0580">The second stage should push for environmentally friendly industrialization practices and technologies to be widely adopted. Clean technology and energy efficiency practices could be more widely adopted with the help of government policies like tax credits, grants, and subsidies.</p>
<p id="p0585">Phase 3:<span> </span><em>Long-term measures.</em></p>
<p id="p0590">The final phase should focus on monitoring and evaluating the effectiveness of the policies implemented in the previous phases, along with promoting sustainable urbanization. This could include policies to promote public transportation, walking, and cycling, and discourage the use of private vehicles. Green buildings and energy-efficient technologies should also be promoted to reduce energy consumption.</p>
</section>
<section id="s0125">
<h3 id="st0140" class="u-h4 u-margin-m-top u-margin-xs-bottom">6.2.<span> </span>Limitations and future directions of research</h3>
<p id="p0595"><span>The study focuses on the time-varying effects of the positive and negative shocks in environmental regulation policies, the positive and negative shocks in human capital, industrialization, urbanization, and GDP on sustainable development efficiency for Chinese provinces. Although China is the large economy and the analysis regarding the Chinese nation can be generalized to the global economies for policy-making purpose, it is more suitable to perform the same analysis for other large economies such as USA, <a href="https://www.sciencedirect.com/topics/engineering/japan" title="Learn more about Japan from ScienceDirect's AI-generated Topic Pages" class="topic-link">Japan</a>, </span><a href="https://www.sciencedirect.com/topics/engineering/germany" title="Learn more about Germany from ScienceDirect's AI-generated Topic Pages" class="topic-link">Germany</a>, and India in order to derive more comprehensive policy-based results for global economies to foster the development efficiency across the world. Another limitation is that the study's model includes environmental regulation policies and human capital in order to examine their asymmetric effects on development efficiency. The results have the global appeal which can generalized to the other economy as a benchmark finding. The future scholar can further assess the issue of development efficiency by extending the recent study's model through integrating some other important variables such as artificial intelligence technologies, green technologies, circular economy, and trade war. Besides, more disaggregated-level (cities-level) analysis, event analysis, and recent economic shocks-based analysis can assist in divulging the new sights in this area to put an economy on the track of sustainable development.</p>
</section>
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<title>Beyond GDP</title>
<link>https://sdgtalks.ai/beyond-gdp</link>
<guid>https://sdgtalks.ai/beyond-gdp</guid>
<description><![CDATA[ This article discusses the need for expanded wealth measures to complement GDP in various countries. It highlights the importance of a concise, widely accepted, and universally applicable framework, such as the one developed by the International Institute for Sustainable Development (IISD). The IISD&#039;s approach is based on global comprehensive wealth frameworks and measures assets contributing to economic, environmental, and social well-being. It also emphasizes the need for country ownership, with IISD working closely with national experts and data providers in different countries to create robust estimates. The article underscores the iterative and dynamic nature of expanding wealth measures and the importance of conveying actionable and intuitive messages. It also highlights the collaborative and supportive approach taken by IISD, which has been in progress for several years and requires ongoing assistance to help countries develop and utilize expanded wealth measures effectively. ]]></description>
<enclosure url="https://www.iisd.org/sites/default/files/styles/wysiwyg_desktop/public/2023-09/beyond-gdp-diagram.png" length="49398" type="image/jpeg"/>
<pubDate>Wed, 18 Oct 2023 10:48:16 -0500</pubDate>
<dc:creator>AJ</dc:creator>
<media:keywords>GDP, global, IISD, measurements</media:keywords>
<content:encoded><![CDATA[<p>Some of the points stressed in the brief reinforce the conclusions of<span> </span><a href="https://www.iisd.org/projects/measuring-wealth-promote-sustainable-development" rel="noopener" target="_blank">IISD’s work on expanded wealth measures</a><span> </span>to complement GDP in three countries—Indonesia, Ethiopia, and Trinidad and Tobago. IISD is working closely with economic experts and researchers from universities in each of the three countries to develop expanded wealth measures to complement GDP. Our work reflects and reinforces the Secretary-General’s call to complement GDP in several ways.</p>
<p>First, the UN policy brief stresses the need for a concise, widely accepted, comparable, and universally applicable (p. 10) framework to complement GDP. The expanded wealth framework IISD applies in our work is just that. Based on the global comprehensive/inclusive wealth frameworks developed by the World Bank and the UN Environment Programme, this robust framework complements GDP by measuring the assets that underpin well-being in all its forms: economic, environmental, and social. Our country partners understand the utility of the framework and are working with us to implement it using country data and expertise. We have modified the global methods used by the World Bank in ways that will ensure comparability and universal applicability—for example, by simplifying the approach to measuring human capital and produced capital.</p>
<blockquote>
<p class="MsoNormal">The three coutries are using a simplified method of estimating the value of produced assets. This method builds on guidance for measuring capital stocks from the Organisation for Economic Co-operation and Development (OECD) and uses basic data on fixed capital formation available in essentially all countries. As such, it effectively leverages what already exists. Data for fixed capital formation in major economic sectors were readily available in all three countries for at least a 20-year time horizon. Using OECD methodological guidance, these data were readily converted to the time series of stock values required to measure wealth.</p>
</blockquote>
<p><span>Second, the Secretary-General emphasizes that any framework to measure beyond GDP must be country owned (p. 10). Our wealth framework is being applied in three countries with very different development priorities, challenges, and data availability. Nevertheless, robust estimates have been produced for all three countries by national experts using national data. The results reveal useful insights in each. To help build country ownership, IISD provides guidance and quality control while leaving the estimation work to country experts. These experts are responsible for liaising with national statistical offices, central banks, and other data providers to collect data, calculate indices, prepare reports, and consult on policy recommendations. The IISD team provides support and arranges peer-support meetings between the country experts. The approach has been strongly collaborative from the start, with the goal of ensuring country ownership of the methods and results in the end.</span></p>
<p><span>Third, the Secretary-General suggests that measuring beyond GDP should be “iterative and dynamic, based on what exists, while allowing for the addition of new indicators” (p. 10). By building upon the World Bank’s and UN Environment Programme’s efforts to measure expanded wealth indicators, IISD is already applying this guidance in its efforts to go beyond GDP. </span></p>
<p><span>Finally, the Secretary-General also stresses that any framework intended to complement GDP should convey strong and clear messages that are actionable and intuitive (p. 10). IISD’s collaborative approach to building expanded wealth measures provides useful insights for the countries involved. It helps them build the capacity that will inevitably be needed if countries are to move beyond GDP. Our experience shows that data collection, estimation, and interpretation will consist of a multi-year effort.</span></p>
<p><span>While it is important to understand the concepts and rationale for this work, many of the specific challenges in national application only become evident through “doing.” IISD’s engagement with country partners has, so far, lasted 4 years and involved more than 14,000 hours of technical support. Our experience shows that with support, countries can produce expanded wealth measures. Over time, countries will be able to produce this data on their own—just as they do for GDP. But reaching that goal will require targeted long-term support and guidance so countries can gain the experience they need.</span></p>]]> </content:encoded>
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<title>Innovation Lab Sets Up Global Entrepreneurs for Social Impact</title>
<link>https://sdgtalks.ai/innovation-lab-sets-up-global-entrepreneurs-for-social-impact</link>
<guid>https://sdgtalks.ai/innovation-lab-sets-up-global-entrepreneurs-for-social-impact</guid>
<description><![CDATA[ Belmont University’s Innovation Labs has received a $6 million grant from the Templeton Religion Trust to support global entrepreneurship. This grant will enable Belmont University’s Innovation Labs to collaborate with the Transformational Business Network (TBN) and create the Transformational Business Network Alliance. The goal of this alliance is to encourage human development, reduce poverty, and promote sustainable economic growth in economically disadvantaged areas through business-focused solutions. Over the next five years, the TBN Alliance aims to initiate approximately 1,800 ventures, generating nearly 11,850 new employment opportunities in emerging markets worldwide. These ventures will focus on addressing the specific needs of impoverished communities while fostering local entrepreneurship and self-reliance. The partnership will facilitate economies of scale, accelerated innovation, and support for businesses addressing social issues globally. ]]></description>
<enclosure url="https://gritdaily.com/wp-content/uploads/2023/10/136507-innovation-lab-sets-up-global-entrepreneurs-for-social-impact.jpg" length="49398" type="image/jpeg"/>
<pubDate>Sun, 15 Oct 2023 19:03:44 -0500</pubDate>
<dc:creator>apapp</dc:creator>
<media:keywords>Grant, innovation, business, development, entrepreneurship, partnership</media:keywords>
<content:encoded><![CDATA[<p>Belmont University’s Innovation Labs has been awarded a $6 million grant from the Templeton Religion Trust to bolster worldwide<span> </span><a href="https://gritdaily.com/soaring-us-entrepreneurship-sparks-innovation/" data-type="post" data-id="135554" target="_blank" rel="noopener">entrepreneurship</a>.</p>
<h2 class="wp-block-heading">Belmont University’s Innovation Labs Partners with TBN</h2>
<p>This funding allows the Innovation Labs, established in 2022, to work alongside the Transformational Business Network (TBN), creating the Transformational Business Network Alliance. This strategic partnership will enable both organizations to expand their support for<span> </span><a href="https://gritdaily.com/revolutionary-impact-of-social-entrepreneurs/" data-type="post" data-id="135783" target="_blank" rel="noopener">social entrepreneurs</a><span> </span>and innovators in developing regions around the world. By leveraging their combined resources and expertise, the Transformational Business Network Alliance aims to foster sustainable economic growth and social impact through the promotion of innovative, ethical business models.</p>
<h2 class="wp-block-heading">Encouraging Development and Reducing Poverty</h2>
<p>The objective of this collaboration is to encourage human development and reduce poverty in economically disadvantaged and underserved areas through business-focused solutions. By engaging in these partnerships, organizations aim to foster sustainable economic growth and create meaningful employment opportunities for local communities. Not only do these business-driven approaches empower individuals, but they also contribute to the overall advancement of the regions involved, ultimately leading to a higher quality of life and greater social equity.</p>
<h2 class="wp-block-heading">Ambitious Goals for the Next Five Years</h2>
<p>In the coming five years, the TBN Alliance aspires to initiate approximately 1,800 ventures, generating nearly 11,850 new employment opportunities in frontier and burgeoning markets around the globe. To achieve this ambitious goal, the TBN Alliance will focus on partnering with local entities, fostering innovation, and providing resources to assist in the development and growth of these ventures. Their emphasis on sustainability and social impact will in turn contribute to the overall improvement of the communities involved, resulting in long-term benefits and economic growth.</p>
<h2 class="wp-block-heading">Startups Addressing Poverty and Fostering Local Entrepreneurship</h2>
<p data-slot-rendered-content="true">These<span> </span><a href="https://gritdaily.com/mastering-cash-flow-management-for-startups/" data-type="post" data-id="135955" target="_blank" rel="noopener">startups</a><span> </span>will strive to tackle poverty by generating jobs, providing essential goods and services, developing affordable innovations, and testing solutions in smaller communities. A crucial aspect of these startups’ initiatives includes addressing the specific needs and challenges faced by impoverished communities while simultaneously fostering local entrepreneurship and self-reliance. By emphasizing sustainability and long-term development, these innovative companies aim to create a meaningful impact on the lives of millions of individuals and contribute to breaking the cycle of poverty.</p>
<h2 class="wp-block-heading">TBN’s Track Record of Success</h2>
<p>Since its inception in 2003, TBN has assisted over 800 entrepreneurs and set up 429 ventures in Asia, Africa, Indonesia, and the Americas, enabling them to positively impact their local communities and contribute to the global economy. These ventures have helped create sustainable job opportunities, enhance skill development, and provide access to essential services for millions of people in these regions.</p>
<h2 class="wp-block-heading">Innovation and Empowerment in Current Projects</h2>
<p>Successful projects like Kopernik, Agape, and Bawa Hope are already making a notable difference. These innovative initiatives have not only brought forth sustainable solutions to some of the most pressing global problems, but they have also empowered grassroots communities to actively participate in their own development and growth. Through continued collaboration and perseverance, the success of these projects has the potential to inspire and pave the way for even more impactful and transformative efforts in the future.</p>
<h2 class="wp-block-heading">Facilitating Economies of Scale and Accelerated Innovation</h2>
<p data-slot-rendered-content="true">This partnership between Belmont Innovation Labs and TBN will facilitate economies of scale through the combined expertise and resources of both organizations. As a result, businesses and startups can anticipate accelerated innovation, reduced operational costs, and increased competitiveness within their respective industries.</p>
<h2 class="wp-block-heading">Supporting Businesses Addressing Social Issues Globally</h2>
<p>Through this initiative, businesses tackling social challenges, such as education, healthcare, and poverty alleviation, will receive crucial funding and resources to expand their impact. By facilitating partnerships between these businesses and key stakeholders, the aim is to foster sustainable development and empower underprivileged communities worldwide.</p>
<p></p>
<h2 class="wp-block-heading">Frequently Asked Questions</h2>
<h3 class="wp-block-heading">What is the purpose of the Belmont University’s Innovation Labs and TBN partnership?</h3>
<p>The purpose of this collaboration is to create the Transformational Business Network Alliance, which aims to encourage human development, reduce poverty, and foster sustainable economic growth in economically disadvantaged and underserved areas through business-focused solutions.</p>
<h3 class="wp-block-heading">What are the goals of the TBN Alliance for the next five years?</h3>
<p>In the coming five years, the TBN Alliance aims to initiate approximately 1,800 ventures, generating nearly 11,850 new employment opportunities in frontier and burgeoning markets around the globe.</p>
<h3 class="wp-block-heading">How do startups contribute to poverty reduction and local entrepreneurship?</h3>
<p>Startups help tackle poverty by generating jobs, providing essential goods and services, developing affordable innovations, and testing solutions in smaller communities. They address the specific needs and challenges faced by impoverished communities while fostering local entrepreneurship and self-reliance.</p>
<h3 class="wp-block-heading">What is TBN’s track record of success?</h3>
<p>Since 2003, TBN has assisted over 800 entrepreneurs and established 429 ventures in Asia, Africa, Indonesia, and the Americas. These ventures have created sustainable job opportunities, enhanced skill development, and provided access to essential services for millions of people in these regions.</p>
<h3 class="wp-block-heading">What are some examples of successful projects?</h3>
<p data-slot-rendered-content="true">Successful projects like Kopernik, Agape, and Bawa Hope have brought forth sustainable solutions to global problems and empowered grassroots communities to participate in their own development and growth.</p>
<h3 class="wp-block-heading">How does this partnership facilitate economies of scale and accelerated innovation?</h3>
<p>This partnership combines the expertise and resources of both Belmont Innovation Labs and TBN, enabling businesses and startups to anticipate accelerated innovation, reduced operational costs, and increased competitiveness within their industries.</p>
<h3 class="wp-block-heading">How are businesses addressing social issues globally supported by this initiative?</h3>
<p>Through this initiative, businesses tackling social challenges, such as education, healthcare, and poverty alleviation, will receive crucial funding and resources to expand their impact. By facilitating partnerships between these businesses and key stakeholders, the aim is to foster sustainable development and empower underprivileged communities worldwide.</p>
<p><em><strong>First Reported on:<span> </span><a href="https://pridepublishinggroup.com/2023/09/28/belmont-universitys-innovation-labs-receives-6m-grant-to-fuel-global-entrepreneurship/" target="_blank" rel="noreferrer noopener">pridepublishinggroup.com</a></strong></em></p>
<p>The post<span> </span><a href="https://www.under30ceo.com/innovation-lab-sets-up-global-entrepreneurs-for-social-impact/" target="_blank" rel="noopener">Innovation Lab Sets Up Global Entrepreneurs for Social Impact</a><span> </span>appeared first on<span> </span><a href="https://www.under30ceo.com/" target="_blank" rel="noopener">Under30CEO</a>.</p>
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<title>SDG Uganda</title>
<link>https://sdgtalks.ai/sdg-uganda</link>
<guid>https://sdgtalks.ai/sdg-uganda</guid>
<description><![CDATA[ Protecting the environment through Laudato si’ teachings ]]></description>
<enclosure url="https://sdgacademy.org/wp-content/uploads/2023/02/tree-planting-scaled.jpg" length="49398" type="image/jpeg"/>
<pubDate>Fri, 06 Oct 2023 17:55:06 -0500</pubDate>
<dc:creator>michael wanjuzi</dc:creator>
<media:keywords>education, environment, protection, climate, africa</media:keywords>
<content:encoded><![CDATA[<p>Greetings from Manafwa District in Eastern Uganda.</p>
<p>My name is Michael Wanjuzi Makongo. I am a farmer and climate change activist who is deeply passionate about the environment. I am also a<span> </span><a href="https://laudatosianimators.org/" target="_blank" rel="noreferrer noopener"><span><em>Laudato si’</em> Animator</span></a><span> </span>in Uganda.<span> </span><em>Laudato si’</em><span> </span>Animators are part of a global movement dedicated to caring for God’s creation by following the Encyclical teachings of the Pope and LSA chaplet. Based on prayer and advocacy, Animators lead their global communities to sustainable action.</p>
<p><img src="https://sdgacademy.org/wp-content/uploads/2023/02/IMG_20220516_085253-1-1152x1536.jpg" width="500" height="667" alt=""></p>
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<p>In the area where I am from, which is on the slopes of Mount Elgon, the community is prone to natural disasters and landslides caused by human impact. The cutting down of trees and distortion of the landscape makes them prone to landslides and rivers breaking their banks. This in turn leads to unnecessary loss of lives, environmental degradation, and damage or loss of property.</p>
<p>This compelled me to enroll in “<a href="https://sdgacademy.org/course/laudato-si-on-care-for-our-common-home/" target="_blank" rel="noreferrer noopener"></a><span><a href="https://sdgacademy.org/course/laudato-si-on-care-for-our-common-home/" target="_blank" rel="noreferrer noopener">Laudato si’: On Care for Our Common Home</a></span>” so that I can have the skills to engage the community by creating a space where we can exchange ideas and create awareness to have a big impact.</p>
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<p>In my position, I go to churches and encourage Christians to be environmental stewards through practice and dialogue. Nangalwe Catholic Church in the Manafwa district of Uganda’s Eastern Region is very active in restoration and tree planting in the community. By planting these trees, we hope to restore balance to the ecological imbalances brought about by climate change.</p>
<p>I also make sure schools and other community members are not left behind. For Sikusi Primary School, we made a community nursery bed where all members can participate in environmental protection and also recite the Encyclical teachings of Pope Francis. The community bed specialized in Hass Avocado trees with a variety of other species. We have some challenges as we go through our daily activities, like pests and diseases and climate change, but we keep moving forward with the job at hand. It is a learning process for the children in schools, church members, and the locals who visit the nursery bed from time to time. </p>
<p><img src="https://sdgacademy.org/wp-content/uploads/2023/02/IMG_20220827_123443-1024x768.jpg" width="500" height="375" alt=""></p>
<p>In 2020, Manafwa District and I registered our tree planting goals on the<span> </span><span><a href="https://sdgs.un.org/partnerships/makongo" target="_blank" rel="noreferrer noopener">UN Partnership Platform</a></span>. This is a global registry of multi-stakeholder partnerships committed to promoting the SDGs in their communities. The goals we set on the platform focused on environment restoration by growing trees to help with climate change mitigation and community improvements. We accomplished a lot and also planted trees whose fruit will be sold to improve household income.</p>
<p><em>Laudato si’</em><span> </span>is a moral charter for sustainable development. It is a mindset change towards the Environment on which we can take collective action that will bring foundational change to society and the entire Environment. Thanks to the message and resources I received in the course, I am equipped to speak up when things are not going well and take action. I can mobilize the community to protect Mother Nature in accordance with the<span> </span><em>Laudato si’</em><span> </span>Movement. To learn more about Manafwa District’s goals, check out our partnership platform.</p>
<p>Thank you.  </p>
<p><a href="https://climateactionproject.org/profile/MichaelWanjuzimakongo28681">https://climateactionproject.org/profile/MichaelWanjuzimakongo28681</a> </p>]]> </content:encoded>
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<title>ESG Is Not Impact Investing and Impact Investing Is Not ESG</title>
<link>https://sdgtalks.ai/ESG-Is-Not-Impact-Investing-and-Impact-Investing-Is-Not-ESG-63482</link>
<guid>https://sdgtalks.ai/ESG-Is-Not-Impact-Investing-and-Impact-Investing-Is-Not-ESG-63482</guid>
<description><![CDATA[ Do you also confuse Impact Investing with ESG? ﻿
If you find yourself using the terms ESG and impact investing interchangeably, you’re not alone. Some of the smartest and most sophisticated educators and investors in the world have trouble distinguishing between the two.
Excellent explanation from Jaclyn Foroughi. ]]></description>
<enclosure url="https://miro.medium.com/v2/resize:fit:1400/1*kBbMcX8OR9XrvXWeKJKQSw.png" length="49398" type="image/jpeg"/>
<pubDate>Mon, 21 Nov 2022 15:17:48 -0500</pubDate>
<dc:creator>Claudia</dc:creator>
<media:keywords>SDG, ESG, progress, impact investing, definition of impact, definition of ESG, UN SDGs, information</media:keywords>
<content:encoded><![CDATA[<blockquote></blockquote>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">If you find yourself using the terms ESG and impact investing interchangeably, you&rsquo;re not alone. Some of the smartest and most sophisticated educators and investors in the world have trouble distinguishing between the two. And these are people overseeing billions, if not trillions of dollars, collectively.&nbsp;</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Coined in 2004, ESG emerged as a joint effort by the UN, the International Finance Corporation (IFC), and the Swiss Government to support the financial industry&rsquo;s consideration of ESG issues in mainstream investment decision-making (although its roots exist in the socially responsible movement or SRI). This is not surprising given that much of the underlying progress in socially- or environmentally-focused investing over the last 15 years has been driven by governments, particularly those in the </span><a href="https://www.reuters.com/business/sustainable-business/eu-starts-sale-debut-green-bond-ifr-2021-10-12/" style="text-decoration: none;"><span style="font-size: 11pt; font-family: Arial; color: #990000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">EU</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> and the </span><a href="https://www.socialfinance.org.uk/projects/peterborough#:~:text=The%20world's%20first%20social%20impact,for%20less%20than%20twelve%20months)." style="text-decoration: none;"><span style="font-size: 11pt; font-family: Arial; color: #990000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">UK</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">. (Sorry, but the </span><a href="https://www.fastcompany.com/1728321/the-most-exciting-0003-of-obamas-budget-social-impact-bondsnt/publications/community-development-investment-review/2013/april/rikers-island-social-impact-bond/#:~:text=In%20August%202012%2C%20Goldman%20Sachs,olds%20incarcerated%20on%20Rikers%20Island." style="text-decoration: none;"><span style="font-size: 11pt; font-family: Arial; color: #990000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">US</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> didn&rsquo;t catch on until 2011.)</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Impact investing, on the other hand, wasn&rsquo;t coined until 2007 when the Rockefeller Foundation, along with other philanthropists, investors, and entrepreneurs, put a name to investments made with the intention of generating measurable social impact alongside a financial return. This group would go on to found the </span><a href="https://thegiin.org/" style="text-decoration: none;"><span style="font-size: 11pt; font-family: Arial; color: #990000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Global Impact Investing Network (GIIN)</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, the leading network of practitioners promoting the infrastructure, research, and education around impact investing.&nbsp;</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Thus, while ESG was ushered in by the public sector, impact investing evolved through efforts by the private sector. As a result, ESG attempts to serve as a guideline for public understanding of environmental, social, and governance factors, while the for-profit nature of impact serves as an incentive to act in favor of and drive capital toward these interests.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Three principles define impact investing: first, there must be an expectation of financial return alongside social and/or environmental impact (or at least a return on capital); second, the change sought&mdash;typically social or environmental&mdash;must be intentional; and third, there must be an attempt to measure the change.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">With that context, let&rsquo;s consider six additional ways ESG and impact investing are different:</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><strong><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">1. ESG is a framework. Impact investing is a strategy.</span></strong></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">ESG is a construct for helping stakeholders understand how an organization manages risks and opportunities around sustainability issues. However, it tends to be based on backward-looking measures resulting from the normal course of business. That&rsquo;s not to say that the measures can&rsquo;t be used to inform future business decisions, but they are generally more of an assessment or scorecard of past activity.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;">&nbsp;</p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Impact, on the other hand, is forward-looking. It is a strategy used to define the types of investments an investor is targeting. In fact, one of the core principles of impact investing is </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: italic; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">intentionality</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, or an explicit aim to generate measurable social or environmental benefit. Generally, this translates to an alignment with one or more of the </span><a href="https://sdgs.un.org/goals" style="text-decoration: none;"><span style="font-size: 11pt; font-family: Arial; color: #990000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">UN Sustainable Development Goals</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> as a cornerstone of the investment strategy. The results are targeted performance metrics that are measured against stated objectives, which ultimately hold investors accountable. Indeed, intentionality is a first line of defense against impact-washing or false claims about an investment&rsquo;s impact.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><strong><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">2. ESG faces fiduciary scrutiny. Impact does not.</span></strong></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">As a lens for addressing social and environmental issues, ESG requires discretion by asset managers in its application. For example, an existing multi-billion dollar pension fund feels pressure to invest with an ESG lens. However, there is no single interpretation of ESG factors or end result of that application. This becomes a problem because fiduciary law requires that a trustee act solely in the interests of the beneficiary. As a result, as Max Schanzenbach and Robert Sitkoff wrote for </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: italic; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Stanford Law Review</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, the duty of loyalty is violated if the application of ESG factors was based on the manager&rsquo;s &ldquo;</span><a href="https://www.stanfordlawreview.org/print/article/reconciling-fiduciary-duty-and-social-conscience/" style="text-decoration: none;"><span style="font-size: 11pt; font-family: Arial; color: #990000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">own sense of ethics or to obtain collateral benefits for third parties</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">&rdquo; rather than in the best interest of beneficiaries.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;">&nbsp;<span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">As an investment strategy, impact does not face the same scrutiny because funds employing this approach stand alone. In other words, investors opt into these funds knowing the investment manager&rsquo;s intentions before investing.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><strong><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">3. ESG can be risk-mitigating or an opportunity. Impact is both.</span></strong></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">As a systematic approach to assessing an organization&rsquo;s level of effectiveness in environmental, social, and governance performance, ESG can be used to mitigate risk by helping investors exclude or screen investments in companies that don&rsquo;t adhere to pre-existing standards. This includes particular countries, sectors, companies, or even performance or impact </span><a href="https://iris.thegiin.org/metrics/?gclid=CjwKCAjwh4ObBhAzEiwAHzZYU6MlJO23ptF8yEiXIC-O-nO8TxIrjBJoQ1rB5OSJ4wsWo6Vz6rA_NRoCNe4QAvD_BwE" style="text-decoration: none;"><span style="font-size: 11pt; font-family: Arial; color: #990000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">metrics</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">. For example, a company or country with low or nonexistent labor standards would likely preclude investment by an ESG-focused fund. Alternatively, a company with exceptionally high labor standards within a country of typically low labor conditions would be an opportunity to support environmental and social progress in that country. In this instance, that company would make an excellent ESG investment based on standards </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: italic; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">already in place that had already been reported upon</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;">&nbsp;<span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">An impact investor, meanwhile, would look to the future&mdash;at the opportunity that lies ahead. This might be a private company looking to establish better labor conditions within a country where labor standards are quite low. In this instance, an impact investor has few, if any, data points from which to work. As a result, they must rely on existing or emerging </span><a href="https://yanalytics.org/research-insights/evidence-based-impact" style="text-decoration: none;"><span style="font-size: 11pt; font-family: Arial; color: #990000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">research</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> to help guide their social and environmental considerations. Further, </span><a href="https://www.msci.com/documents/10199/03d6faef-2394-44e9-a119-4ca130909226" style="text-decoration: none;"><span style="font-size: 11pt; font-family: Arial; color: #990000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">research</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> suggests that investment decisions made incorporating social and environmental factors translate to higher company valuation and performance, both through systematic risks that affect the market as a whole and idiosyncratic risks endemic to a particular asset. Thus, companies failing to manage these risks may have higher costs of capital, more volatility, and accounting irregularities.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><strong><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">4. ESG is generally a financial-first framework. Impact investing generally equally weights financial, social, and environmental impact.</span></strong></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Due to the </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: italic; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">ex post</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> nature of ESG measures, the primary source of value for ESG-focused investors is financial return (and arguably should be, based on fiduciary duty). This is because environmental and social benefits are evaluated after an investment is made although, again, these measures can be used to inform future investments.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Impact investments, on the other hand, take all three financial, social, and environmental benefits into consideration, and may even prioritize social and environmental benefits early on in an investment </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: italic; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">as long as financial returns are positive</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">. Further, impact investors recognize that financial and social/environmental performance are often interconnected and mutually reinforcing&mdash;a principle known as </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: italic; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">collinearity</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">. Through this lens, impact investing is not concessionary; rather, it is a driver of financial performance.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><strong><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">5. ESG-focused investments are primarily public market entities. Impact investments are primarily private market entities. But could that change?</span></strong></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Because ESG measures rely on publicly reported data, ESG-focused investments tend to exist within the public markets. </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: italic; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Any</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> company can receive an ESG rating&mdash;even a negative one&mdash;as long as data is available to examine the company.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Impact investments have historically taken place in the private markets, where innovative approaches to some of the world&rsquo;s greatest problems often require sophisticated and patient capital as well as active engagement in promoting responsible business and sustainable value. However, the natural progression of the startup financing cycle has resulted in more impact investments going public (for example, Oak Street Health, Acciona Energia, and PowerSchool). And while </span><a href="https://founderspledge.com/research/fp-impact-investing" style="text-decoration: none;"><span style="font-size: 11pt; font-family: Arial; color: #990000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">research</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> notes the difficulty of achieving </span><a href="https://ssir.org/up_for_debate/article/impact_investing" style="text-decoration: none;"><span style="font-size: 11pt; font-family: Arial; color: #990000; background-color: transparent; font-weight: 400; font-style: italic; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">additionality</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">&mdash;an outcome that would not have occurred without that capital&mdash;in the public equity markets due to market efficiencies, Impact Management Project </span><a href="https://impactmanagementproject.com/wp-content/uploads/Investor-Contribution-Discussion-Document.pdf" style="text-decoration: none;"><span style="font-size: 11pt; font-family: Arial; color: #990000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">suggests</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> that the prospect of systems change could accelerate growth in the number of investors strategically &ldquo;signaling that impact matters.&rdquo;</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><strong><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">6. All impact funds are ESG-compliant, but not all ESG funds are impact.</span></strong></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">It&rsquo;s impossible to incorporate the future into the past but it is essential to use the past to inform the future. Because impact investing is inherently forward-looking, it is possible if not best practice to incorporate ESG-focused findings into future investments. The same cannot be said of ESG funds, which focus on activity that has already occurred.&nbsp;</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">For example, an ESG framework might generally prevent investment in companies that produce significant greenhouse gas emissions. An impact fund, however, may only invest in companies actively helping to reduce them. As a result, all impact investors integrate ESG factors into their investment process.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Despite continued efforts by impact market participants to define impact investing&rsquo;s purpose and goals, many definitions of impact continue to exist. For example, are diverse-led non-impact companies defined by impact? Supporting diverse founders seems to be a goal of impact investing, but where does one draw the line, and more importantly, how does one measure the impact goals of investors relative to the impact of underlying businesses? Before we can delve deeper into what impact investing is, it&rsquo;s important to understand what impact investing is not.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Too often, ESG is confused with impact investing, which obscures the enormous efforts of the impact investing space. Understanding the difference not only facilitates better-informed conversations but helps channel funds appropriately and further amplifies the progress of the sector toward achieving the audacious Sustainable Development Goals (SDGs) by 2030.</span></p>
<p dir="ltr" style="line-height: 2.04; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 23pt 0pt 0pt 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">There is little doubt that the future of both business and finance incorporates social and environmental considerations. At the same time, the symbiotic relationship between these benefits and financial performance ensures the sustainability of purpose-driven organizations. Having the knowledge to differentiate between what lies in the past and what is part of our future is essential in ensuring the success of our people and planet.</span></p>
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