SDGs Risks and Digital Approach to Managing Them

This paper aims to identify sustainable development risks in the Decade of Action and develop a digital approach to managing them. Using regression analysis, the author carries out a factor analysis of the implementation of the SDGs in 2021 and identifies sustainable development risks in the Decade of Action. A forecast of sustainable development in the Decade of Action under the influence of risks is made. For this purpose, the author applies horizontal analysis to study the dynamics of changes in the sustainable development risks in the Decade of Action based on relevant data for 2020–2021 and projected data for 2022–2027. A forecast of sustainable development in the Decade of Action under the influence of risks is made. The author compiles a sustainable development risk profile for the Decade of Action and proposes forward-looking risk management measures based on digitalization. The author concludes that crises, slow economic growth, and national budget deficits are sustainable development risks that threaten the implementation of the SDGs in the Decade of Action. The proposed digital approach to managing risks of sustainable development in the Decade of Action, which provides a targeted impact on each of the risks of sustainable development in the Decade of Action, solves the identified problem. The theoretical significance of the author’s conclusions is related to the fact that they formed a clear understanding of the risks of sustainable development. The practical relevance of the digital approach to managing risks of sustainable development is related to the fact that it will make it possible to realize the fullest potential of sustainable development of the world economic system in the Decade of Action. © The Author(s), under exclusive license to Springer Nature Switzerland AG 2023.