INDUSTRY IS AN ESSENTIAL ENGINE OF ECONOMIC GROWTH. As such, it is key to economic and social progress and thus contributes positively to two of the three components that must develop in harmony if sustainable development is to be achieved. All too often, however, the need to maximize economic output, particularly in developing countries and countries with economies in transition, has excluded the careful and balanced consideration of the third component – environmental protection – from the planning process. Adequate water resources of good quality, for example, are not only important for sustaining human communities and natural ecosystems but also represent a critical raw material for industry. By this approach, short- and medium-term economic gains have been mortgaged against long-term environmental harm and may ultimately be rendered unsustainable.

Sustainable Development Goals:
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