Pages

June 18, 2012

Sustainability index that looks beyond GDP launched

The International Human Dimensions Programme on Global Environmental Change (IHDP) is proud to announce the launch of the Inclusive Wealth Report 2012 (IWR 2012), a new report that measures the wealth of nations, at the Rio+20 Summit on June 17.

The report presents a new economic index, which looks beyond the traditional short term economic and development yardsticks of gross domestic product (GDP) and the Human Development Index (HDI). The Inclusive Wealth Index (IWI) assesses changes in a country's productive base, including produced, human, and natural capital over time. By taking a more holistic approach, the IWI shows governments the true state of their nation's wealth and the sustainability of its growth.

Twenty countries were assessed in the IWR 2012 over a period of 19 years (1990-2008). Together they represent more than half of the world population and almost three quarters of world GDP and include high, middle, and low-income economies on all continents.

No comments:

Post a Comment