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Article . 2022 . Peer-reviewed
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Assessment of Sustainable Economic Development in the EU Countries with Reference to the SDGs and Environmental Footprint Indices

Authors: Biekša, Kęstutis; Valiulė, Violeta; Šimanskienė, Ligita; Silvestri, Raffaele;

Assessment of Sustainable Economic Development in the EU Countries with Reference to the SDGs and Environmental Footprint Indices

Abstract

The article analyses sustainable economic development of EU countries according to the sustainable development goals (SDGs), by using indices of integrated sustainable development and environmental footprint. Sustainable economic initiatives can be driven by economic, environmental and social aspects, applying principles of innovation and knowledge. However, development requires skills, human and financial resources; in turn, it increases productivity, efficiency, competitiveness, profit, and promotes a better working environment. In general, sustainable business initiatives contribute to SDGs and reduce the environmental footprint. The scientific problem is how to develop a sustainable economy while ensuring the achievement of SDGs and at the same time reducing the environmental footprint. The object of the scientific research is the evaluation of sustainable economic development through the analysis of integrated sustainable development indicators. The aim of the research is, upon the evaluation of SDGs and environmental footprint indices as well as the analysis of the integrated sustainable development indicator, to identify the opportunities for sustainable economic development in the EU countries. The research has been carried out by analysing the scientific literature, and applying SDGs and environmental footprint methodology to calculate individual and integrated sustainable development indices. The results have shown that despite the disparity of SDG indices, the overall value of the integrated sustainable development indicator is distributed quite evenly among the EU countries. The impacts from each of the SDG indices range from 11% to 31% but the environmental footprint index has the greatest impact on the sustainable development of a country—up to 31%.

Related Organizations
Keywords

sustainable development, SDG, renewable energy, Lietuva (Lithuania), Aplinkos apsauga / Environmental protection, sustainable development; SDG; environmental footprint; renewable energy, environmental footprint

  • BIP!
    Impact byBIP!
    citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    11
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
11
Top 10%
Average
Top 10%
Green
gold