21 NOVEMBER 2018 | REPORT
Authors: UNEP
The biennial Inclusive Wealth Report (IWR) tracks progress on sustainability of economy and wellbeing of people across the world. The IWI is the UN Environment Programme’s metric for measuring intergenerational human well-being.
A country’s inclusive wealth is the social value (not dollar price) of all its capital assets, including natural capital, human capital and produced capital. The IWR 2018 builds on previous versions of the report (IWR2012 and IWR 2014) and advances methods of measuring the base of economy- capital of all types. It covers the period from 1990 to 2014, which is 25 years, which provides us with a picture of the changes in capital assets over almost a generation.
The results of the IWR 2018 covering 140 countries indicate that:
An overview of the basis for wealth estimation and explores how various types of conservation and development policies recognizing the trade-off can be understood better with the help of inclusive wealth. The findings also suggest that over the past twenty years the negative wealth effects of a decline in natural capital have been offset by growth in human and physical capital.
The Inclusive Wealth Report 2018 demonstrates that assessing and valuing natural capital and the change in per capita inclusive/comprehensive wealth over time has the potential to keep track of progress on most Sustainable Development Goals (SDGs)
