This understanding corresponds to the concept of Synergy as one of the fundamental requirements for achieving SD. Good examples of such close relationship between Synergy and SD are the By-product Synergy and the Labour- Environment Synergy. Labor and the Environment have long been understood as phenomena with opposite interests and successful environmental policies were always expected to lead to restrictions of industrial activities and job losses.
However, the practical experience showed that active environmental policies can increase employment and restrict poverty. By-product synergy defined by the World Business Council for Sustainable Development and the US Environmental Protection Agency as “the synergy among diverse industries, agriculture, and communities resulting in profitable conversion of by-products and wastes to resources promoting sustainability” supports the idea of “industrial ecology” and promotes the shift to the close interdependent relationships between producers of different kind of industrial products and new waste-processing technologies, most of which are eco-friendly.
One of the main applications of the Sustainable Development Gauging Matrix (SDGM) is using actual data on indicators and parameters of sustainable development for a given country or a group of countries for making decisions at various levels of the country’s governance. The environmental component of Sustainable Development concept aims to the integrity of both natural biological and physical systems and ensures their viability under the pressure of modern industrial world. At the same time, new environmentally friendly recycling and reusing waste-free technologies must prevent the sharp contradiction between the preservation of nature and development of manufacture.
