Mitigating greenhouse gas emissions is a global governance challenge for the global community? Discuss the quotation, exploring the responses of the international community, using examples of policy options on the part of developed and developing states.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Mitigating greenhouse gas emissions is a global governance challenge for the global

community? Discuss the quotation, exploring the responses of the international

community, using examples of policy options on the part of developed and developing

states. 

Expert Solution
Step 1 INTRODUCTION

Sustainable Development

Development that is sustainable is one that satisfies existing demands without jeopardizing the capacity of future generations to satisfy their own needs. According to the concept of sustainable development, people should be able to meet their basic needs while simultaneously ensuring that future generations can do the same. The definition of sustainable development is meeting the requirements of the present without compromising the needs of the future and ensuring a balance between economic growth, environmental protection, and social well-being. Sustainable development helps in improving the quality of life of human beings. 

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