How does Green GDP account for natural resource depletion?

Economics Green Gdp Questions



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How does Green GDP account for natural resource depletion?

Green GDP accounts for natural resource depletion by including the value of natural resources in the calculation of GDP. It takes into consideration the economic value of natural resources that are extracted and used in the production process. This helps to reflect the true cost of economic activities on the environment and provides a more accurate measure of economic growth that considers the depletion of natural resources.