Economics Green Gdp Questions
Green GDP takes into account the economic value of ecosystem goods and services, which were previously not included in traditional GDP calculations. By incorporating the valuation of ecosystem goods, such as clean air, water, and biodiversity, Green GDP provides a more comprehensive measure of economic growth and development. This recognition of the value of ecosystem goods helps to highlight the importance of environmental sustainability and encourages policymakers to consider the long-term impacts of economic activities on the environment.