Global Perspective

Global Perspective

Sustainable Development

Brundtland-Report-myndSustainability or sustainable development is a concept that was introduced during the last decates of the twentieth century. The Stockholm Convention in 1972 was probably the first official milestone on the way to a sustainable development. Among other, the convention concluded that the human specie "has acquired the power to transform its environment in countless ways on an unprecedented scale." The convention emphasized that it is the responsibility of individuals, corporations and institutions to protect and improve the environment for current and future generations. The convention furthermore stressed that both social and economic development is an essential part of contributing to favorable living conditions and quality of life for the human race.

The concept of sustainable development was first introduced in the Report of the United Nations on Environment and Development, in the Brundtland Report or “Our Common Future”, released in 1987. The term is defined as: "development that meets the needs of present without compromising the ability of future generations to meet their own needs."


Agenda-21---myndIn 1992 "The Earth Summit" was called in Rio, and was attended by numerous other senior governmental officers from various nations along with thousands of individuals and representatives of corporations from all over the world. The theme of the summit was " The environment and sustainable development," and the conclusion was set forth in "Agenda 21" which defines steps and milestones relating to environmental protection and sustainable development that numerous nation have pledged to meet.

While the Sustainability Initiative for the Fjarðaál and Kárahnjúkar projects focuses on the local level, it also has a broader context that coincides with national, regional, and international sustainable development strategies such as Iceland's Welfare for the Future, the Nordic Strategy, and the principles of Agenda 21.