3 spheres of sustainable development
The economy
A new paper out of Harvard Kennedy School’s Growth Lab shows direct causation between business travel and the growth of the global economy. It revealed that the higher the rate of incoming business travel to a certain country, the higher that country’s GDP was. The researchers of the study stated that it isn’t so much the movement of information that drives economic growth. Instead, it is more about the sharing of “know-how from brain to brain”. Following that logic, business travel empowers the diversification of economies. It helps empower them to add and grow new products and services.
SDG 9: Industry, innovation, and infrastructure
SDG 10: Reduced inequalities
The environment
No, “there is no Planet B”. The travel industry needs to contribute to the mitigation of climate change. With business travel specifically, companies can have a positive environmental impact simply by incorporating sustainability into their travel policies.
SDG 6: Clean water and sanitation
SDG 7: Affordable & clean energy
SDG 13: Climate action
SDG 14: Life below water
SDG 15: Life on land
Society
World travel has a huge effect on our society. The ability for us to move around this planet, and exchange thoughts and ideas is one that enriches our existence here. From cultural interactions to business interactions, we as a society are shaped by our connectedness to others from all around the world. By its very nature, this sector is a social entity. It can contribute significantly to the goals we hope to achieve.