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T1 Inclusive Wealth Report 2023: Measuring Sustainability and Equity
A1 United Nations Environment Programme, 
K1 wealth
K1 natural capital
K1 natural resource
K1 social inequality
K1 natural capital accounts
PB United Nations Environment Programme
SN 978-92-807-4051-6
YR 2023
FD 2023-08
LK https://wedocs.unep.org/handle/20.500.11822/43131
UL https://wedocs.unep.org/handle/20.500.11822/43131
NO For keeping track of sustainability of the economy and well-being of people, we need to move beyond just a flow (GDP) approach to use a stock approach to measure wealth -- one that considers the aggregate value of all capital assets-- to take our use of natural capital into account, along with human and produced capital.This view is echoed by the United Nations Secretary General, who’s Common Agenda clearly outlines the need to move beyond GDP as the central measure of national progress. Tracking a country’s GDP over time does not tell us whether the development path being pursued is sustainable.  The IWR 2023 undertakes a comprehensive global assessment of the inclusive wealth of 163 countries for 1990–2019. The IWR 2023 adds an explicit focus on the nexus between inequalities and natural assets, highlighting that the loss of nature negatively impacts rural and poor communities in developing countries most directly and most acutely. The report highlights how inclusive wealth—incorporating natural, human and produced capital—is a sophisticated yet streamlined measure for assessing national and global development and economic progress.The Inclusive Wealth Report 2023 is the fourth iteration of the Inclusive Wealth series. The Inclusive Wealth paradigm demonstrates that future economic possibilities depend on the current management of all forms of wealth. Focus on inclusive wealth and estimation are the building blocks for achieving the Sustainable Development Goals. The inclusive wealth index measures the wealth of nations by carrying out a comprehensive analysis of a country’s productive base including the assets from which human well-being is derived, - manufactured, human and natural capital. Thus, the IWI measures a nation’s capacity to create and maintain human well-being over time.
DS UN Environment Document Repository
RD Sep 16, 2026