Green GDP

Green GDP is an economic measure that adjusts the traditional Gross Domestic Product (GDP) by accounting for environmental costs, such as pollution and resource depletion. Unlike standard GDP, which only considers economic output, Green GDP aims to reflect the true sustainability of growth by subtracting the environmental damage caused by production activities. It provides a more comprehensive view of a country's economic health, emphasizing the importance of balancing economic development with environmental preservation. This helps policymakers understand the real impact of growth on natural resources and encourages strategies that promote sustainable development.