UNU-IHDP and UNEP. Inclusive Wealth Report 2012. Measuring progress toward sustainability. Cambridge: Cambridge University Press.


This is the first of a series of biennial reports on the sustainability of countries. The report looks at the productive base of economies, based on capital assets – produced or manufactured capital; human capital; social capital; and natural capital. This first report of the series is focused on natural capital and will be released at the 2012 Earth Summit (Rio+20) to be held in Rio de Janeiro, Brazil, in June 2012. The two main themes of the Rio+20 summit will be the green economy and international environmental governance. The report of the United Nations Secretary-General’s High-level Panel report on Global Sustainability – Resilient People, Resilient Planet: A future worth choosing – was released in April of 2012 to inform the discussions and negotiations at the Rio+20 summit. The report highlights the potential of a green economy and also calls for new ways of measuring progress in a green economy. This report provides such a measure.

The IWR is a joint collaboration of the United Nations University International Human Dimensions Programme (UNUIHDP) and the United Nations Environment Programme (UNEP). The group of authors for the report was selected based on their expertise in inclusive wealth and environmental economics, and an extensive publication record in the area of natural capital, human well-being, social welfare, and valuation, among others. A review process was also established and each chapter was reviewed by a minimum of two external referees using standard academic criteria. The reviewers were chosen again based on their expertise in the field, strong academic credentials, and a good publishing record in the relevant fields covered by this report.