Uttarakhand has become the first Indian state to launch a Gross Environment Product Index (GEPI).
About GEPI:
- GEPI is a novel method to evaluate ecological development caused by human interventions.
- Four pillars of GEPI: Air, soil, tree and water.
- Formula:
- GEP index = (Air- GEP index + Water- GEP index + Soil-GEP index + Forest-GEP index)
- Significance:
- Help assess the impact of anthropological pressure on our ecosystem and natural resources.
- Also calculates what we put back into the environment.
- Quantifies contributions of natural ecosystems to the economy and overall welfare