This paper aims to study the global issues regarding sustainable development in the three dimensions – economic, social and environmental. First, we review the global problems and challenges in these three dimensions and find out possible solutions to solve them. We also examine the new agenda which is adopted by the members of the United Nations to stimulate people’s efforts to promote everyone’s welfare. In addition, by adopting the Buddhist view of pure land and Venerable Master Sheng-yen’s teachings, we propose a set of principles that can help people to act in a sustainable manner in order to achieve sustainable development in economic, social and environmental dimensions.