A Regenerated Indicator for Monitoring Sustainable Development

C12

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Abstract

Economic growth seems to be responsible for climate change. Therefore, it is important to identify the sustainably developing countries and introduce them as good examples for others to follow. By using and appointing new multipliers to the existing indicators for monitoring environmental impact, social development, and economic growth we have managed to form a new cluster of countries which seem to manage growing steadily with minimum impact to environment, i.e. “sustainable developers”. The paper identifies two other clusters which are: “Mid-way/Inconsistent” and “Unsustainable Developers”. The concluding idea is that environmental data should be heavily incorporated in to future methodology for sustainability indices.