The Gross Environment Product Index was created by the Himalayan Environmental Studies and Conservation Organisation which was founded by Anil Prakash Joshi. He wanted to develop a formula which would be as widely accepted and recognised as the GDP. New Delhi: Uttarakhand, a famous tourism spot in India known for its alluring beauty has become the first state in our country to launch a Gross Environment Product Index.
The ecosystem development in Uttarakhand will now be assessed through the Gross Environmental Product-GEP index. Chief Minister Pushkar Singh Dhami launched the GEP index in the state in July 2024 and he stated that the assessment will establish better harmony between ecology and economy. Thus, Uttarakhand has become the first Indian state to move beyond traditional ecosystem services to include the growth in the ecosystem.
In this article, we will take a look at the Gross Environment Product Index. What is the Gross Environment Product Index? The Gross Environment Product Index was created by the Himalayan Environmental Studies and Conservation Organisation which was founded by Anil Prakash Joshi. He wanted to develop a formula which would be as widely accepted and recognised as the formula of the Gross Domestic Product (GDP).
How does the Gross Environment Product Index work? The Gross Environment Product Index (GEP) has four pillars: Air, water, soil, and trees. The formula is GEP index=(Water-GEP index+Air-GEP index+Forest-GEP index+Soil-GEP index), but how .