Gross Environment Product Index

Current Context : Uttarakhand has become the first Indian state to launch a Gross Environment Product Index.

• Uttarakhand is the first state in the world where the development of the ecosystem will be assessed through the Gross Environmental Product Index.

ABOUT GROSS ENVIRONMENT PRODUCT INDEX

• Gross Environment Product Index measures the environmental performance of a region, country, or organization by integrating environmental factors into economic assessments.
• This will help in assessing the contribution to environmental protection.
• There are four pillars of the Gross Environment Product Index: Air, Soil, Tree and Water.
• Formula : GEP index = (Air- GEP index + Water- GEP index + Soil-GEP index + Forest-GEP index.