Inclusive economic development
Sustainable development involves stable, equitable and inclusive economic growth, based on sustainable patterns of production and consumption” (“Realizing the Future We Want for All”, page 29 of the World Heritage and Sustainable Development Policy). Inclusive economic development favours a people-centred economy. It makes macroeconomic growth and equity compatible, as measured in terms of employment, income and welfare. It also relies on the local use of resources and fair competition in a global market.
Paragraph 24 states that the World Heritage Convention should “contribute to promoting sustainable forms of inclusive and equitable economic development, productive and decent employment and income-generating activities for all, while fully respecting the OUV of World Heritage properties” by creating employment and livelihoods, strengthening capacity and supporting local entrepreneurship, investing in the local economy and providing quality tourism that benefits local communities.