\ud83d\udd18GROSS ENVIRONMENT PRODUCT<\/p>\n\n\n\n
The Uttarakhand government recently announced it will initiate valuation of its natural resources in the form of \u2018Gross Environment Product\u2019 (GEP).<\/p>\n\n\n\n
BENEFITS OF INTEGRATING GEP IN THE ACCOUNTING SYSTEM<\/strong><\/p>\n\n\n\n \u2206It is a better way to measure the status of ecosystem and can help us gauge our progress towards sustainable development.\u00a0\u00a0<\/p>\n\n\n\n \u2206It will help us in our assessment of state of stress created by anthropogenic factors on eco-system and natural systems. Problems with in the implementation of GEP approach<\/p>\n\n\n\n \u2206Policy Failure<\/strong><\/p>\n\n\n\n \u2713 Lack of recognition of ecosystem services in economic decision making, development planning, and resource allocation.<\/p>\n\n\n\n \u2206Market Failure<\/strong><\/p>\n\n\n\n \u2713Inadequate or missing market for many ecosystem service.<\/p>\n\n\n\n \u2206Institutional Failure<\/strong><\/p>\n\n\n\n \u2713 Insufficient compensation for ecosystem services .<\/p>\n\n\n\n \u2206Knowledge gaps<\/strong><\/p>\n\n\n\n \u2713Challenges to provide economic value of ecosystem services, regulating and supporting services.<\/p>\n","protected":false},"excerpt":{"rendered":" \ud83d\udd18GROSS ENVIRONMENT PRODUCT The Uttarakhand government recently announced it will initiate valuation of its natural resources in the form of \u2018Gross Environment Product\u2019 (GEP). BENEFITS OF INTEGRATING GEP IN THE ACCOUNTING SYSTEM \u2206It is a better way to measure the status of ecosystem and can help us gauge our progress towards sustainable development.\u00a0\u00a0 \u2206It will […]<\/p>\n","protected":false},"author":894,"featured_media":93523,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1755],"tags":[1797],"class_list":["post-93522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-upsc-important-topics","tag-upsc-daily-important-topic"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/93522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=93522"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/93522\/revisions"}],"predecessor-version":[{"id":93524,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/93522\/revisions\/93524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/93523"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=93522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=93522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=93522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}