Green Accounting

Green Accounting is an approach that incorporates environmental factors into economic accounting. It goes beyond traditional accounting by measuring the economic value of natural resources and the costs of environmental damage. This method aims to provide a clearer picture of a country's economic health by considering sustainability and ecological impacts. By recognizing how natural resources contribute to the economy and how economic activities affect the environment, Green Accounting helps policymakers make informed decisions that promote both economic growth and environmental protection. Ultimately, it seeks to balance economic development with the preservation of our planet.