Neverland or Tomorrowland? Addressing (In)compatibility among the SDG Pillars in Europe.

Area of Science:

• Environmental Science
• Economics
• Sociology

Background:

• The 2015-2030 agenda established Sustainable Development Goals (SDGs) as a universal endeavor.
• This initiative aims to eradicate poverty and protect the planet for future generations.
• Skepticism exists regarding the feasibility of achieving these ambitious goals.

Purpose of the Study:

• To empirically investigate the compatibility of SDG objectives within developed economies, specifically the European Union.
• To identify potential conflicts among economic, social, and environmental pillars of sustainable development.
• To highlight the necessity of transnational collaboration for achieving sustainable development.

Main Methods:

• Empirical analysis of SDG objectives in European Union countries.
• Assessment of the determinants of SDG pillars.
• Examination of interdependencies and potential incompatibilities.

Main Results:

• The study found that the pillars of Sustainable Development Goals have heterogeneous and partially incompatible determinants.
• Inconsistencies were identified among economic, social, and environmental objectives.
• The findings underscore the need for reinforced multi-country compensations to preserve the environment.

Conclusions:

• Solidarity and innovative transnational networks are essential to prevent compromising welfare and prosperity.
• Policymakers must strengthen international cooperation and compensation mechanisms.
• Achieving the SDGs requires addressing inherent incompatibilities through concerted global efforts.