Literature Review on Sustainable Development: Challenges and Opportunities

Abstract

Sustainable development refers to progress that satisfies current needs while ensuring future generations so that they can also meet theirs. Sustainable development has become a fundamental global goal. This article presents an integrated study and analysis of research findings from 10 selected research papers published between 2019 and 2023 to understand the key challenges and opportunities associated with sustainable development. This study provides a comprehensive analysis of key dimensions of sustainable development including environmental, economic and social aspects, as well as the role of policy governance and innovation. It analyses sustainable and efficient resource use, effective governance models and multi-stakeholder partnerships, technology-driven innovation, especially the use of the Internet of Things (IoT), and community-based participatory approaches that promote equity and inclusion. Finally, this study highlights key research gaps, in particular the need of improved data-driven monitoring, adequate financial resources. It concludes that further research is needed for the effectiveness of various sustainable development initiatives like balancing environmental protection, economic viability and social well-being. The goal of sustainable development can be met through effective integration of various initiatives.

Keywords:- Sustainable Development, Environmental Sustainability, Economic Sustainability, Social Sustainability, Governance and Policy, Technological Innovation