The reliance on Gross Domestic Product (GDP) as a measure of economic success has been criticized for neglecting environmental and social dimensions of well-being. To address this limitation, this paper develops an adapted version of the Sustainable Prosperity Index (SPI), inspired by Jackson and Victor (2020) and applied to the European Union (EU). The study is motivated by the need for a holistic sustainability metric that explicitly incorporates energy sufficiency—an aspect often overlooked in beyond-GDP indices. Using a composite indicator approach, we construct the SPI by integrating economic, environmental, and social indicators, with a specific focus on energy sufficiency within four key high-energy consumption domains: food, transport, housing
A Composite Indicator for Assessing Upscaled Energy Sufficiency and Sustainable Prosperity in the European Union
Filippo Beltrami,Erwin M. Schau,Matteo Giacomo Prina,W. Sparber
Published 2025 in Journal of Sustainable Development Indicators
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2025
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Journal of Sustainable Development Indicators
- Publication date
2025-03-01
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Semantic Scholar
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