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Glossary

The key terms of asset management and savings, explained simply.

Sustainable development

Sustainable development (SD) is a macroeconomic concept consisting of the idea that human societies must live and meet their needs without compromising the ability of future generations to meet their own needs. The “official” definition of sustainable development was developed for the first time in the 1987 Bruntland Report. This report was the synthesis of the first United Nations World Commission on Environment and Development.

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