Abstract
The European Union has taken on the role of global leader in implementing the Sustainable Development Goals set out in the 2030 Agenda for Sustainable Development, making substantial efforts to support this ambitious approach at the level of each Member State. The objective of this research is the assessment of Sustainable Development Goals (SDG) implementation in Bulgaria as well as the existing development potential, given the existing knowledge gap related to this important topic. The data available on Eurostat were processed using dynamic indices and time series analysis based on ARIMA methodology in order to identify the evolution trend of the main indicators associated with the SDGs, as well as the dynamics of progress. The results obtained estimate, for 2030, a degree of fulfillment of the assumed targets of 36.28%, but also reveal the existence of high potential for accelerating the transition process to a low-carbon economy and a more sustainable and inclusive society.
Highlights
The implementation of the Sustainable Development Goals has been and continues to be a major strategic priority for all EU countries, without which the world would have no chance of long-term survival
In order to assess the state of achievement of the SDGs in Bulgaria, we conducted extensive research of all indicators related to the 17 Sustainable Development Goals (SDGs) and their related 169 targets, based on data published by Eurostat and assumed by the UN’s 2030 Agenda for Sustainable Development
A third stage consisted in estimating the long-term trend in which the analyzed indicators are likely to be included, the result adding more information on the general direction in which Bulgarian society is heading, and on the convergence or divergence towards the trend of similar indicators calculated as the average of all 28 EU Member States
Summary
The implementation of the Sustainable Development Goals has been and continues to be a major strategic priority for all EU countries, without which the world would have no chance of long-term survival. The COVID-19 pandemic and the severe climatic imbalances produced especially in the current year have stimulated to an even greater extent all the governments of the world and all the actions of political, social, and economic bodies to move to rapid, profound measures for present and future society to ensure basic conditions of sustainable living, in relation to the challenges we still identify in everyday life, namely technology and computerization, depleted resources, climate change, increased pollution, serious social disparities, and multiple imbalances in relation to the environment and its resources Based on these general considerations, the aim of this paper is to identify the current state of affairs in which countries such as Bulgaria, a developing European state, find themselves in, in the face of the long-term goals of sustainable economic growth. The analysis was performed based on the dynamic indices, and the forecast of the evolution of the indicators for the 2030 Horizon was based on the ARIMA methodology
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