Sustainable Well-Being and Sustainable Consumption and Production: An Efficiency Analysis of Sustainable Development Goal 12

Abstract

The core objective of Sustainable Development Goal (SDG) 12 is to do more and better with less, increasing net well-being gains from economic activities by reducing resource use, degradation, and pollution along the whole lifecycle while simultaneously improving quality of life. This paper quantifies the level of achievement of sustainable consumption and production in terms of efficiency scores. Due to data envelopment analysis, it is possible to monitor progress towards SDG 12, identifying the best performers to take as examples and the fields in which there is room for improvement. Although interesting differences emerge in countries’ efficiency, the results show that the best performers are OECD members, partners, and accession candidates. This underscores the crucial role of the OECD in advancing national sustainable development objectives.