Innovative Financial Advisors Pvt. Ltd. - MDGs to SDGs: The final countdown
12/19/2014

Innovative Financial Advisors Pvt. Ltd. understands that sustainability is still not a widely incepted and well accepted reality.

Online PR News – 19-December-2014 – New Delhi/Delhi – Innovative Financial Advisors Pvt. Ltd. - Sustainability is the buzz word of the millennia is. Everything- systems, process, approach and surroundings and livelihoods need to be sustainable. But the larger question is, do we understand what sustainability means? Sustainability is a simple idea which provokes the mind to care about the consequences, viability and capacity to maintain that state of well being of our resources, ideas, interventions so that the coming generations can ensure their own survival. It is a universally applicable concept which needs to be considered everywhere. It needs to be considered everywhere, because as long as there is life on earth there will be a need to maintain resources and we will have to pretend to care for the future even if we don’t.

By the advent of 2015 the expiry dates of the ‘Millennium Development goals’ (MDG) have also arrived. One of the outcomes of the Rio 20+ conferences was the agreement by the member states was to develop and launch a set of sustainable development goals (SDG), which would build on the Millennium development goals and converge them with the post 2015 development agenda. SDG’s aim to establish’ inclusive and transparent intergovernmental processes that have been approved by the general assembly .It was agreed in the assembly that the SDG’s will be action oriented, concise, easy to communicate, aspirational ,Global in Nature and universally applicable to all countries. They would also take into account different national realities, capacities and levels of development and respecting national policies and priorities. The document suggests that the SDG’s should proceed towards focused and coherent action towards climate change, contribute in achieving sustainable development and serve as driver for implementation and mainstreaming of sustainable development in the UN system as whole.

The question still remains, will the SDG’s help? Innovative Financial Advisors Pvt. Ltd. believes that the best policies fail when it comes to implementation. Especially in a country like India where population is huge and acts as the primary barrier. Pleasing everyone and addressing micro issues of an individual is not an easy job in a big country like ours. In addition, having a vision for sustainable development is a matter of willingness. Talking of India, we still need to prove our willingness. Environmental policies seem very well thought off on papers but fails when it comes to practice.

Innovative Financial Advisors Pvt. Ltd. understands that sustainability is still not a widely incepted and well accepted reality. The carefree approach towards future comes from callousness. This callousness needs to replaced with sense of responsibility .Now how do we impart this great sense of responsibility? As a nation we need to be stricter towards all who are breaking laws, or not following rules set by the constitution of India. There should be stricter penalties, and expediting process of penalization for those who don’t respect the discourse of sustainable development or still follow practices which are detrimental to environment and people. The stricter they are more are chances that individuals and companies will refrain from committing crimes which draw them in negative light publicity. Incentivizing responsible initiatives should also be given priority, and done immediately to encourage companies after the inception of The New Companies Act of 2013.

The global idea of sustainability can be implemented locally if communities and governments work together with a common vision.

Innovative Financial Advisors Pvt. Ltd.

Address: 24/30, Ground Floor,

Okhla Industrial Estate, Phase 3,

City: New Delhi

Pin: 110020

Phone: 91-011-42332200

Fax : 011-49278811