The Consumers’ Evaluation Index in Sustainable Consumption and Production

Abstract

This paper describes the development of policy evaluation indexes based on the consumers’ sufficient approach and their application results following the review on the transition of SCP policy from efficiency approaches to sufficiency approaches. First, the analysis on the relationship between consumption and sufficiency through the subjective well-being index revealed that in the sense of “emotion”, the consumption increase is hard to be linked to satisfaction, but in the sense of “evaluation of life”, satisfaction is gained as consumption increases. It also revealed that the consumption increase related to social capital is more satisfying than that of goods. Second, through considering the theoretical framework of IWI and comparing IWI with GDP, we suggested that IWI is an index that can evaluate independently the sustainability of country, region, and individual policy. Furthermore, we showed the possibility as an SCP policy evaluation index from the case of policy evaluation on social capital development utilizing Inclusive Wealth （IW） in the actual local government.