The green gross domestic product (green GDP) is an index of economic growth with the environmental consequences of that growth factored in. Green GDP monetizes the loss of biodiversity , and accounts for costs caused by climate change . Some environmental experts prefer physical indicators (such as "waste per capita" or "carbon dioxide emissions per year"), which may be aggregated to indices such as the " Sustainable Development Index "
DEDICATED TO THOSE WHO INTERESTED IN TEACHING AND GRASPING BASIC AND INTERMEDIATE ECONOMICS....
Saturday, September 17, 2011
The Green GDP
The green gross domestic product (green GDP) is an index of economic growth with the environmental consequences of that growth factored in. Green GDP monetizes the loss of biodiversity , and accounts for costs caused by climate change . Some environmental experts prefer physical indicators (such as "waste per capita" or "carbon dioxide emissions per year"), which may be aggregated to indices such as the " Sustainable Development Index "
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economics
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