Assessing the coherence between performance and resource investment for the sustainable development goals in Paraguay: a data-driven hybrid method

Kuo-Jui Wu (), Ren Yu (), Da Zhao (), Li Ma () and Ming-Lang Tseng ()
Additional contact information
Kuo-Jui Wu: Hainan University
Ren Yu: University of Malaya
Da Zhao: Hainan University
Li Ma: Dalian University of Technology
Ming-Lang Tseng: Asia University

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2024, vol. 26, issue 12, No 85, 31997-32021

Abstract: Abstract This study addresses the coherence between performance and resource investment because prior studies have suggested diverse approaches to assessing performance in achieving the sustainable development goals (SDGs). However, a serious imbalance in resource investment still exists in current practices because there is an urgent need for countries to pursue the SDGs to achieve the 2030 Agenda. Paraguay is striving to issue sustainable bonds to address the SDGs. To fill the gaps in relevant research, this study proposes a data-driven hybrid method that (1) employs a normalization procedure to obtain unit-free values for comparison, (2) adopts factor analysis (FA) and reliability testing (RT) to ensure the validity and reliability of the structured goals, and (3) uses performance-resource analysis to identify the coherence between performance and resource investment. The results show that performance and resource investment for zero hunger (SDG 2) and decent work and economic growth (SDG 8) are below average and urgently need improvement. Responsible consumption and production (SDG 12) is the SDG for which Paraguay has reached a level of coherence. Most provinces in Paraguay are overconcentrating on a single goal in pursuing the SDGs. Alto Paraná, Itapúa and the Central Department are provinces in rich areas that are enabling the country to reach a level of coherence. However, Itapúa is the only province that is balancing at least four SDGs. Graphical abstract

Keywords: Performance-resource analysis; Sustainable development goals; Data-driven; Coherence; Performance; Resource investment (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10668-024-04807-y Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:endesu:v:26:y:2024:i:12:d:10.1007_s10668-024-04807-y

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10668

DOI: 10.1007/s10668-024-04807-y

Access Statistics for this article

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development is currently edited by Luc Hens

More articles in Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().