The objective is to build The Inclusive Wealth Index (IWI) 2022 - a comprehensive measure of a country's productive base that includes all assets from which human well-being is derived, including produced capital (both tangible and intangible), human capital and natural capital. The IWI measures a nation's capacity to create and maintain human well-being over time. The IWI augments existing statistical systems that use the System of Environment and Economic Accounts to measure market flows of income and spending. These flows are important but depend critically on the health and resilience of capital assets. In the post-pandemic world, it is especially important to assess the effects on health and human capital. It is also important to have more timely, accurate and comprehensive measurement of natural capital, defined as the quality and quantity of reproducible and non-reproducible natural assets, taking into account the health of the biosphere, including loss of biodiversity and climate change.

The Inclusive Wealth Report 2022 with an explicit focus on natural and human capital for the world would provide an authoritative and flagship framework for guiding us towards sustainability and economic progress.

- Consistent with previous iterations of the Inclusive Wealth Report, the IWR 2022 project will involve a comprehensive global assessment of 140 countries that will form a valuable addition to the time series data presented in IWR since 2012 when the first iteration was published.

- As well as the broader, global assessment, the objectives of IWR 2022 will include country-specific national and regional-scale assessments. The objective of this project is to implement the IWI in nine countries in different regions, accompanied by a strong South-South cooperation component based on exchanging of lessons learned and best practices in the development and implementation of the IWI in each country and within the region.