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Cyprus’s Progress On Sustainable Development Goals: Lagging Behind In The EU And Worldwide

by THEFUTURE.TEAM

July 2, 2024

In a recent report, Cyprus has been ranked last among EU member states and 58th globally in terms of progress towards the Sustainable Development Goals (SDGs). This ranking highlights significant challenges that the island nation faces in achieving these globally agreed targets aimed at promoting economic growth, social inclusion, and environmental sustainability.

Understanding the Sustainable Development Goals

The Sustainable Development Goals, established by the United Nations in 2015, consist of 17 interconnected goals designed to address global challenges such as poverty, inequality, climate change, environmental degradation, and peace and justice. Each member state is expected to integrate these goals into their national policies and strategies to ensure a sustainable future for all.

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Cyprus’s Current Standing

The report’s findings that Cyprus ranks last in the EU and 58th globally are a wake-up call for policymakers, businesses, and civil society. This position indicates that while Cyprus has made some strides, significant gaps remain in various areas critical to sustainable development.

Key Areas of Concern

Environmental Sustainability: One of the most pressing areas where Cyprus is lagging is environmental sustainability. The island faces challenges related to waste management, water scarcity, and biodiversity loss. The reliance on fossil fuels and the slow adoption of renewable energy sources further exacerbate environmental concerns.
Economic Inequality: Economic disparities persist within the Cypriot society, affecting access to quality education, healthcare, and employment opportunities. Addressing these inequalities is crucial for achieving the SDGs, which emphasise inclusive economic growth and social equity.
Climate Action: Cyprus’s efforts in mitigating climate change need significant enhancement. Despite global commitments to reduce carbon emissions and transition to a green economy, Cyprus has been slow in implementing comprehensive climate action policies. This sluggish progress impacts its ability to meet international climate targets.
Sustainable Cities and Communities: Urban areas in Cyprus face challenges related to sustainable development, including inadequate public transport systems, urban sprawl, and insufficient green spaces. Improving urban planning and infrastructure is essential for creating sustainable cities and communities.

The Future Forbes Realty Global Properties

Airbnb Unveils Reserve Now, Pay Later Option For U.S. Guests

by THEFUTURE.TEAM

August 15, 2025

Introduction

Airbnb has introduced an innovative payment solution designed to enhance user flexibility for U.S. travellers. The new “Reserve Now, Pay Later” feature enables users to secure a booking without an upfront payment, offering a streamlined cancellation process should plans change.

Flexible Payment Terms

This new option applies to listings that feature either flexible or moderate cancellation policies. Under a flexible policy, guests can cancel their reservation up to 24 hours before check-in, while a moderate policy offers no-fee cancellations until five days prior to arrival.

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Payment Timing and Reminders

Regardless of the cancellation window, guests are obligated to complete the full payment before the expiration of the free cancellation period. Airbnb ensures a smooth experience by sending timely payment reminders to avoid any last-minute issues.

Evolution of Airbnb’s Payment Solutions

This initiative builds on Airbnb’s previous forays into flexible payment structures. In 2018, the company offered a partial upfront payment model, and more recently, a collaboration with Klarna enabled guests to pay in four installments over six weeks. Such strategic advancements demonstrate Airbnb’s commitment to adapting and refining its payment solutions to meet evolving consumer demands.

Consumer Insight Driving Innovation

Airbnb’s decision to launch the “Reserve Now, Pay Later” feature reflects robust consumer demand, with recent surveys indicating that 55% of respondents prefer flexible payment options. Additionally, 42% noted missed opportunities due to payment complexities when coordinating with travel companions, underlining the need for simplified financial arrangements.

Conclusion

By enhancing payment flexibility, Airbnb not only broadens its appeal but also addresses critical customer pain points, reinforcing its position as a leader in the evolving travel market. This initiative exemplifies how strategic innovation can drive customer satisfaction in an increasingly competitive landscape.