India’s First Gross Environment Product Index (GEP)
Uttarakhand, in August 2024, launched India’s first Gross Environmental Product (GEP) Index.
- GEPI is a novel method to evaluate ecological development caused by human interventions.
- The index assigns monetary value to four natural resources: air, water, soil, and forests.
- The GEP index showed a 0.9% increase between 2020 and 2022.
GEP Formula GEP Index = (Air- GEP index + Water- GEP index + Soil-GEP index + Forest-GEP .... |
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