Inclusive wealth

2018 ◽  
pp. 53-73
Author(s):  
Pushpam Kumar ◽  
Rodney B W Smith
Keyword(s):  
Inclusive Wealth

Inclusive wealth report 2012. What's next?

2013 ◽  
Vol 7 ◽  
pp. 179-180
Author(s):  
Harold Mooney
Keyword(s):  
Inclusive Wealth

scholarly journals Measuring the value of groundwater and other forms of natural capital

2016 ◽  
Vol 113 (9) ◽  
pp. 2382-2387 ◽  
Author(s):  
Eli P. Fenichel ◽  
Joshua K. Abbott ◽  
Jude Bayham ◽  
Whitney Boone ◽  
Erin M. K. Haacker ◽  
...  
Keyword(s):  
Natural Capital ◽  
United Nations Environment Programme ◽  
High Plains ◽  
Aquifer Management ◽  
Capital Theory ◽  
Inclusive Wealth ◽  
Physical Changes ◽  
Nations Environment ◽  
Environment Programme ◽  
Capital Value

Valuing natural capital is fundamental to measuring sustainability. The United Nations Environment Programme, World Bank, and other agencies have called for inclusion of the value of natural capital in sustainability metrics, such as inclusive wealth. Much has been written about the importance of natural capital, but consistent, rigorous valuation approaches compatible with the pricing of traditional forms of capital have remained elusive. We present a guiding quantitative framework enabling natural capital valuation that is fully consistent with capital theory, accounts for biophysical and economic feedbacks, and can guide interdisciplinary efforts to measure sustainability. We illustrate this framework with an application to groundwater in the Kansas High Plains Aquifer, a rapidly depleting asset supporting significant food production. We develop a 10-y time series (1996−2005) of natural capital asset prices that accounts for technological, institutional, and physical changes. Kansas lost approximately $110 million per year (2005 US dollars) of capital value through groundwater withdrawal and changes in aquifer management during the decade spanning 1996–2005. This annual loss in wealth is approximately equal to the state’s 2005 budget surplus, and is substantially more than investments in schools over this period. Furthermore, real investment in agricultural capital also declined over this period. Although Kansas’ depletion of water wealth is substantial, it may be tractably managed through careful groundwater management and compensating investments in other natural and traditional assets. Measurement of natural capital value is required to inform management and ongoing investments in natural assets.

The multi-layer nature of Inclusive Wealth data and their dynamic interpretation

2018 ◽  
Vol 59 ◽  
pp. 160-170
Author(s):  
George Halkos ◽  
Shunsuke Managi ◽  
Kyriaki Tsilika
Keyword(s):  
Inclusive Wealth ◽  
Dynamic Interpretation

Inclusive wealth with a changing but aging population

2014 ◽  
Vol 124 (1) ◽  
pp. 21-25 ◽  
Author(s):  
Rintaro Yamaguchi
Keyword(s):  
Aging Population ◽  
Inclusive Wealth
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