European Union Strategy for Sustainable Development
As per the Article 3(3) of the Treaty of European Union, sustainable development is an over-arching and long term goal of the European Union. And the EU Sustainable Development Strategy aims to:
develop actions to enable the EU to achieve continuous
improvement of quality of life both for current and for future
generations, through the creation of sustainable communities
able to manage and use resources efficiently and to tap the
ecological and social innovation potential of the economy,
ensuring prosperity, environmental protection and social
This was a landmark declaration as for the first time in the history of Europe all the three pillars of sustainability (environment, society and economy) were integrated in one framework. It demonstrated the commitment towards sustainable development by all member states of the European Union.
From 13th to 14th of July 2017, the leadership of financial industry and other stakeholders will come together in Karlsruhe, Germany. The delegates will discuss, among others, the role of financial institutions in transforming the world and making it a strong and reliable partner in achieving the UN Sustainable Development Goals.