Question

Q. The Green GDP is a term used to describe

• A.
  Percentage of GDP that the government is spending on green initiatives
• B.
  GDP of a country after adjusting for environmental damage
• C.
  The GDP contribution of forests and other natural resources in monetary terms
• D.
  Contribution of the renewable energy sector to GDP

Answer 1

The correct option is B

GDP of a country after adjusting for environmental damage
Explanation:

Green GDP is a term used generally for expressing GDP after adjusting for environmental damage. Hence it is the net change in natural resources in monetary terms that is integrated into the Gross Domestic Product.

Green GDP = GDP – value of environmental degradation + value of environmental conservation.