Gross Environment Product
Uttarakhand became the first state in India to calculate its Gross Domestic Product (GDP) using Gross Environment Product (GEP) on World Environment Day (June 5, 2021). (GDP).
A monetary value will be attributed to four essential natural resources: air, water, forest, and soil. Uttarakhand's GEP will be determined by the quality and quantity of these natural resources.
About GEP
- It is the entire value of final ecosystem services provided to human well-being in a region on an annual basis, and it may be quantified in both biophysical and monetary terms.
- GEP monetizes the loss of biodiversity and other environmental factors by ....
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Ecology & Environment
- 1 Carbon Credit Trading in India
- 2 Methane Emissions: Sources, Impacts & Initiatives
- 3 Ozone Depleting Substances
- 4 Urban Heat Island: Causes, Effects and Solutions
- 5 Marine Heatwaves: Causes & Impacts
- 6 Biodiversity Conservation: Methods and Strategies
- 7 Biodiversity Hotspots in India: Endemic Species & Threats
- 8 Coral Bleaching: Causes & Effects
- 9 Compensatory Afforestation: Initiatives in India
- 10 Seaweeds: Characteristics, Habitat and Uses
