SPILLOVER EFFECTS ON SDG ACHIEVEMENT: MEASURING HOW A COUNTRY’S PROGRESS TOWARDS THE SDGS IS AFFECTED BY ACTIONS IN OTHER COUNTRIES
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Keywords:
Sustainable Development Goal (SDG), Greenhouse Gas Emissions (GHG), Transboundary Impacts, Policy Coordination, Negative Spillover EffectsAbstract
This paper sheds light on the significance of international spillovers in achieving sustainable development globally and emphasizes the need for collaborative efforts to address these challenges effectively. It suggests strengthening international governance mechanisms and cooperation, establishing monitoring systems to track spillovers, adopting a holistic approach to policymaking, and enhancing global knowledge-sharing and capacity-building. This paper underlines the implications of positive and negative spillovers and their relevance in the context of SDG achievement, with an objective to analyze and compare the spillover effects of the United States and India on global scarce water consumption in relation to SDG achievement. It is divided into five sections: introduction, methodology, types of spillover effects, methods and limitations in assessing Spillover effects, and final conclusions. A major contribution of the paper is to introduce the concept of spillover effects and their implications for global sustainability.
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