The new economy can be helpful to the sustainable development; however, it also brings the new problem of "unsustainable development" to social economy, which differs from that in industrial era.
Pittmansaid the Banks, such as the Worldbankand the AfricanDevelopment bank, continued tomake loans, which leftmanyofthe poorestAfricancountries with unsustainabledebtburdens.
But these may not go far enough towards transforming the fundamental structural inequalities and political inconsistencies at the centre of current global crises, poverty and unsustainabledevelopment.
The Government of Flanders and the Tides of Time partnership have provided more than USD 3 million to date to help States and site managers face the growing challenges of pollution largely posed by coastal development, unsustainable resource extraction as well as maritime transportation.