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Achieving Sustainable Development and Energy Efficiency through Sharing Economy

Editado por Marcin W. Staniewski

Human activity to achieve development and economic wealth has resulted in serious issues pertaining to the ecosystem of the planet. The progress made in acquiring wealth to enrich human lives has led to increased emissions of greenhouse gases, global warming, and climate change. Over time, the debate surrounding climate change has shifted - its validity can no longer be questioned. Thus, mitigating the risks and effects of climate change took center stage. The increased production of goods and services has caused the exhaustion of non-renewable resources. Maintaining this course will not be possible without jeopardizing the future. Therefore, the current practices cannot continue. In response, sustainable solutions must be introduced to the ways we produce goods and services we consume. For sustainable development to be successful, viewing human lives as elements belonging to a larger entity is crucial. This requires a radical change in perception (Blewitt, 2012).

The main rationale for sustainable development is based on improving socio-economic wellbeing whilst fulfilling needs which require redistribution of resources, without harming the quality of life of future generations (Tomislav, 2018). In order to achieve such outcomes, it is imperative that the issue receives attention from scholars, industry players, regulators, and relevant stakeholders (Silvestre & Tîrca, 2019). A major contention has been the exploitation of natural resources and the consequently high carbon emissions and environmental pollution, which brings about the need for a paradigm shift to focus on sustainable development. The literature clearly indicates that CO2 emissions have to be reduced, given that they make up the bulk of greenhouse gas emissions (Ahmed et al., 2019).

The environmental crisis leads to higher resource prices, may affect sustainable economic growth, and may damage environmental systems (Liodakis, 2018).
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