One of the key areas of focus for the EFSD is the sustainability of redefining values, as this issue is critical for ensuring that economic and social development is aligned with the long-term well-being of people and the planet.
The EFSD role in terms of the sustainability of redefining values is the need to shift societal values and priorities away from a focus on economic growth and material consumption and towards a focus on sustainability and well-being. This includes efforts to promote values such as equity, justice, and respect for the environment, as well as efforts to support the development of policies and practices that reflect these values.
In addition to promoting values that support sustainability, the EFSD also works to address issues related to the measurement and evaluation of economic and social progress. This includes efforts to develop alternative indicators of well-being, such as the Gross National Happiness index, which takes into account a broader range of factors beyond traditional measures of economic growth. The EFSD also works to promote the integration of sustainability considerations into decision-making processes at all levels, including business, policy, and individual decision-making.
Overall, the EFSD plays a critical role in addressing the sustainability of redefining values and promoting the transition to a more sustainable and equitable future.