Developing non-economic indicators of human development

Health, individual well-being, environmental quality, personal and collective security all make contributions to welfare which are not captured by conventional economic statistics. Uneven income distribution and the value of domestic work are not accounted for. Increasing levels of income are consumed only to mitigate rising environmental and social costs, providing no net gain for welfare. Degraded "public goods", such as healthy air, water, and natural surroundings, even the richest cannot buy. These arguments have led to attempts to develop new indicator which better reflect the complexities of measuring sustainable welfare than is possible using measures of crude economic output.
Type Classification:
D: Detailed strategies
Related UN Sustainable Development Goals:
GOAL 1: No PovertyGOAL 2: Zero HungerGOAL 3: Good Health and Well-beingGOAL 4: Quality EducationGOAL 5: Gender EqualityGOAL 6: Clean Water and SanitationGOAL 7: Affordable and Clean EnergyGOAL 8: Decent Work and Economic GrowthGOAL 9: Industry, Innovation and InfrastructureGOAL 10: Reduced InequalityGOAL 11: Sustainable Cities and CommunitiesGOAL 12: Responsible Consumption and ProductionGOAL 13: Climate ActionGOAL 14: Life Below WaterGOAL 15: Life on LandGOAL 16: Peace and Justice Strong InstitutionsGOAL 17: Partnerships to achieve the Goal