RT Report T1 Inclusive Wealth of Pakistan: The Case for Investing in Natural Capital and Restoration A1 United Nations Environment Programme, A2 Managi, Shunsuke A2 Islam, Moinul A2 Zhang, Bingqi A2 Holmes, Amelia A2 Khurshid, Muhammad A2 Kumar, Pushpam K1 natural resource K1 sustainable consumption K1 capital asset K1 economic growth K1 Pakistan K1 wealth K1 non-renewable resource K1 renewable resource K1 land K1 national account K1 regional account K1 economic development SN 978-92-807-3866-7 YR 2021 FD 2021 LK https://wedocs.unep.org/handle/20.500.11822/36257 UL https://wedocs.unep.org/handle/20.500.11822/36257 NO This report provides state of art analysis of the productive base of the economy since 1990. It estimates all capital stocks at the regional level for Pakistan, and as such, provides a holistic measure of sustainability. The analysis in The Inclusive Wealth of Pakistan: The Case for Investing in Natural Capital and Restoration has provided Pakistan with a holistic, wealth-based framework for measuring economic progress. It highlights successes in human and natural capital investment, including the TBTTP, which are key to measuring the sustainable development of Pakistan’s society and economy. Three key messages arise from the report’s analysis: 1. When making policy decisions that promote sustainability, it is crucial to understand the trade-offs, which that occur both temporally and across types of asset bases (i.e. capital stocks). 2. When weighing decisions on investment and navigating trade-offs, social prices of assets, including natural capital, must be understood in addition to market prices. 3. Inclusive Wealth of Pakistan is a great leap forwardtowards measuring the contribution of natural resources and systems like expanded forest area, and the health and well-being of human societies. With the combination of the systematic measurement of natural assets, natural capital accounts and the continued focus on restoration as a priority within economic policy, Pakistan is well-placed to be a pioneer in both restoration initiatives and the incorporation of natural capital in the country’s wealth management. Both are cornerstones of the Sustainable Development Goals (SDGs). DS UN Environment Document Repository RD Sep 18, 2026