Sustainable matrix beyond GDP: investment for inclusive growth.
Measuring a country's sustainable development by its gross domestic product (GDP) is insufficient to capture the loss of capital that determines future human welfare. To address this, we propose the inclusive wealth index, which integrates biophysical quantities and monetary values of natural, human...
| Publicado en: | Humanities & Social Sciences Communications Vol. 11; pp. 1 - 11 |
|---|---|
| Autores principales: | , , , |
| Formato: | Artículo |
| Publicado: |
Springer Nature
1/31/2024
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=175389555&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 175389555 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: MVR0 jtl: Humanities & Social Sciences Communications maglogo: N pubinfo: dt: 1/31/2024 vid: 11 pid: 237 pub: Springer Nature artinfo: ui: 175389555 10.1057/s41599-024-02659-5 ppf: 1 ppct: 10 formats: tig: atl: Sustainable matrix beyond GDP: investment for inclusive growth. aug: au: Managi, Shunsuke Chen, Shuning Kumar, Pushpam Dasgupta, Partha affil: https://ror.org/00p4k0j84 Urban Institute, Kyushu University, 744 Motooka Nishi-Ku, 819-0395, Fukuoka, Japan https://ror.org/00p4k0j84 School of Engineering, Kyushu University, 744 Motooka Nishi-Ku, Fukuoka, Japan United Nations Environment Programme, 20006, Washington, DC, USA https://ror.org/013meh722 Faculty of Economics, The University of Cambridge, Sidgwick Avenue, CB3 9DD, Cambridge, UK su: Natural capital Paris Agreement (2016) Gross domestic product Low-income countries Capital investments sug: subj: Natural capital Paris Agreement (2016) Gross domestic product Low-income countries Capital investments ab: Measuring a country's sustainable development by its gross domestic product (GDP) is insufficient to capture the loss of capital that determines future human welfare. To address this, we propose the inclusive wealth index, which integrates biophysical quantities and monetary values of natural, human, and produced capital. We analyzed the level of Inclusive Wealth in 163 countries over the past 30 years to assess sustainable development goals (SDGs) going beyond GDP. Global wealth has suffered significant losses in natural capital, with the biased accumulation of capital assets leading to unsustainable and unequal development. In low-income countries, soaring population levels and biased capital investments exacerbate the depletion of natural capital. Our results underscore the critical role of natural capital and inclusive capital management in sustainable development. Policymakers can use this information to make capital investments in their economies and promote recovery from COVID-19 that aligns with the SDGs, the Paris Climate Agreement, and initiatives beyond GDP. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 2024 holdings: @attributes: islocal: N |
|---|