Regulatory innovation
Introduction
Sustainable Development Goal 9 (Goal 9 or SDG 9) is about partnerships for the goals and is one of the 17 Sustainable Development Goals (SDGs) established by the United Nations in 2015. SDG 9 aims to build resilient infrastructure, promote sustainable industrialization and foster innovation.[1][2].
SDG 9 is: "Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation." The Goal has targets that must be achieved by 2030. Progress towards the targets will be measured using indicators.[3][4].
SDG 9 has eight targets and progress is measured by twelve indicators. The first five goals are results goals: develop sustainable, resilient and inclusive infrastructure; promote inclusive and sustainable industrialization; increase access to financial services and markets; modernize all industries and infrastructure for sustainability; improve research and modernize industrial technologies. The remaining three goals are means of implementation goals: facilitating sustainable infrastructure development for developing countries; support national technological development and industrial diversification; Universal access to information and communications technology.[5].
Background
The objective of achieving inclusive and sustainable industrialization is "to unleash dynamic and competitive economic forces that generate employment and income."[6] This objective includes the fight for resilience (engineering and construction) and urban resilience.
SDG 9 recognizes that humanity's ability to connect and communicate effectively, move people and things efficiently, and develop new skills, industries and technologies is crucial to overcoming the century's many interrelated economic, social and environmental challenges.
For a community to be successful, its basic requirement is to have a solid and functional infrastructure. SDG 9 seeks to promote innovative and sustainable technologies and guarantee equal and universal access to information and financial markets.[7].
Technological development in infrastructure is what gives rise to a sustainable society. This is expected to create prosperity and jobs, and build stable and prosperous societies around the world.[7] The key emphasis is on developing reliable and sustainable infrastructure solutions that support economic development as well as human well-being, while ensuring financial affordability.[8] This goal aims to ensure that all societies in the world possess good infrastructure.[7].