With the UN Sustainable Development Goals (SDGs) launched and the Agenda 2030 set out in 2015, awareness for sustainable development
was raised on a global and national level. Taking actions towards these goals needs measures that allow a timely assessment
not only of the past but also of the present developments and provide an indication if the path towards goal achievement is
on track. Using the EU SDG indicator set and data for Austria, we build dynamic factor models for key indicators of most SDGs
to nowcast the indicator values up to the year 2019. Based on these estimates, we provide an up-to-date monitoring of sustainable
development in Austria, which follows the methodology of Eurostat.
Keywords:TP_GrueneTransformation
Forschungsbereich:Makroökonomie und öffentliche Finanzen