Question
The concept of 'Green GDP' adjusts traditional GDP
figures by accounting for:Solution
- Traditional GDP measures the market value of all final goods and services produced, but it ignores the negative externalities  of economic growth on the environment. Green GDP  is an attempt to create a more comprehensive measure of economic well-being by deducting the cost of environmental damage  (e.g., pollution, deforestation, resource depletion) and adding the value of environmental services. It aims to reflect the true sustainability of growth.
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