United Nations Resource Management System: Objectives and requirements

The critical role of efficient management of natural resources in achieving almost all of the SDGs is clearly recognized in the 2030 Agenda. In this context, efficient management means a process which is both “integrated and indivisible and balance[s] the three dimensions of sustainable development: the economic, social and environmental”. This observation moves the economics of resource management firmly into the domain defined by John Nash in his papers on equilibrium theory as those transaction types where parties either both win or both lose24. What has characterized the past century of resource management is the successive boom and bust cycles, with negative externalities such as pollution and discarded wastes imposed by one generation on the next, typically at a very high cost.

Sustainable Development Goals:

Affordable and Clean Energy

Sustainable Cities and Communities

Responsible Consumption and Production