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'capability approach' is a correct phrase in written English.
It refers to a theoretical framework developed by economist and philosopher Amartya Sen, which focuses on individual capabilities and opportunities for people to live a life they value. You can use it when discussing issues related to development, human rights, and social justice. For example: "The capability approach emphasizes the importance of providing individuals with access to education and healthcare as a means to expand their capabilities and improve their quality of life."
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Some worry that the capability approach is deeply paternalistic, with governments deciding what is best for their citizens.
Moreover, the capability approach has spawned so many measures, each more complicated than the last, that GDP starts to look appealing again.
For economists, who tend to be lovers of freedom, this is controversial stuff.But the capability approach may be less illiberal than it seems.
Achievements constitute consequences of the capability approach.
(See the entry on the capability approach for more).
As has been already said, the capability approach is informational.
Critics of the capability approach home in on three of its features.
Business organizations will be moving toward a capability approach rather than the classical functional approach.
For the capability approach, the ultimate ends of interpersonal comparisons are people's capabilities.
Second, how are we to select and aggregate the multiple dimensions of the capability approach?
The capability approach thus takes account of human diversity in at least two ways.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com