Gross Ecosystem Product (GEP)
The Gross Ecosystem Product (GEP) is an innovative metric developed to account for the economic value of ecosystem services within broader economic evaluations, traditionally measured by Gross Domestic Product (GDP). While GDP provides a quantitative measure of all goods and services produced economically within a country, it does not consider the ecological services that underpin economic output. GEP addresses this oversight by measuring the contribution of ecosystems through direct products, regulation services such as climate control, and cultural services like tourism. Overview and application China introduced a national standard for GEP in 2020, integrating ecological values into its economic assessment framework. This initiative has led to its adoption at several governmental levels. By 2023, 15 local governments in China had developed guidelines to implement GEP, initiating approximately 200 related projects. In Zhejiang, the first province to implement these rules, the per ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Ecosystem Service
Ecosystem services are the various benefits that humans derive from ecosystems. The interconnected living and non-living components of the natural environment offer benefits such as pollination of crops, clean air and water, decomposition of wastes, and flood control. Ecosystem services are grouped into four broad categories of services. There are ''provisioning services'', such as the production of food and water; ''regulating services'', such as the control of climate and disease; ''supporting services'', such as nutrient cycles and oxygen production; and ''cultural services'', such as recreation, tourism, and spiritual gratification. Evaluations of ecosystem services may include assigning an economic value to them. For example, estuarine and coastal ecosystems are marine ecosystems that perform the four categories of ecosystem services in several ways. Firstly, their provisioning services include marine resources and genetic resources. Secondly, their supporting services inc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. The GDP can be divided by the total population to obtain the average GDP per capita. Total GDP can also be broken down into the contribution of each industry or sector of the economy. Nominal GDP is useful when comparing national economies on the international market according to the exchange rate. To compare economies over time inflation can be adjus ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Zhejiang
) , translit_lang1_type2 = , translit_lang1_info2 = ( Hangzhounese) ( Ningbonese) (Wenzhounese) , image_skyline = 玉甑峰全貌 - panoramio.jpg , image_caption = View of the Yandang Mountains , image_map = Zhejiang in China (+all claims hatched).svg , mapsize = 275px , map_caption = Location of Zhejiang in China , coordinates = , subdivision_type = Country , subdivision_name = China , named_for = Old name of Qiantang River , seat_type = Capital and largest city , seat = Hangzhou , established_title = Annexation by the Qin dynasty , established_date = 222 BC , established_title2 = Jiangnandong Circuit , established_date2 = 626 , established_title3 = Liangzhe Circuit , established_date3 = 997 , established_title4 = Zhejiang Province formed , established_date4 = 1368 , established_title5 = Republican Period , established_date5 = 1 January 1912 , established_title6 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Ecological Health
Ecological health is a term that has been used in relation to both human health and the condition of the environment. * In medicine, ecological health has been used to refer to multiple chemical sensitivity, which results from exposure to synthetic chemicals (pesticides, smoke, etc.) in the environment, hence the term ecological. * The term has also been used in medicine with respect to management of environmental factors (taxes, health insurance surcharges) that may reduce the risk of unhealthy behavior such as smoking. * As an urban planning term, ecological health refers to the Sustainable city, "greenness" of cities, meaning composting, recycling, and energy efficiency. * With respect to broader environmental issues, ecological health has been defined as "the goal for the condition at a site that is cultivated for crops, managed for tree harvest, stocked for fish, urbanized, or otherwise intensively used." KARR, J. R., (1996). "Ecological integrity and ecological health are not ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Joint Research Centre
The Joint Research Centre (JRC) is the European Commission's science and knowledge service which employs scientists to carry out research in order to provide independent scientific advice and support to European Union (EU) policy. Leadership The JRC is a directorate-general of the European Commission under the responsibility of Iliana Ivanova, the European Commissioner for Innovation, Research, Culture, Education and Youth. The current acting Director-General of the JRC is Bernard Magenhann. Its Board of Governors assists and advises the Director-General on matters relating to the role and the scientific, technical and financial management of the JRC. Structure Composed of strategy and coordination, knowledge production, knowledge management and support directorates, the JRC is spread across six sites in five EU countries: in Belgium (Brussels and Geel), Germany ( Karlsruhe, Institute for Transuranium Elements), Italy ( Ispra), the Netherlands ( Petten), and Spain (Sevil ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Value (economics)
In economics, economic value is a measure of the benefit provided by a goods, good or service (economics), service to an Agent (economics), economic agent, and value for money represents an assessment of whether financial or other resources are being used effectively in order to secure such benefit. Economic value is generally measured through units of currency, and the interpretation is therefore "what is the maximum amount of money a person is willing and able to pay for a good or service?” Value for money is often expressed in comparative terms, such as "better", or "best value for money", but may also be expressed in absolute terms, such as where a deal does, or does not, offer value for money. Among the competing schools of economic theory there are differing Theory of value (economics), theories of value. Economic value is ''not'' the same as Price, market price, nor is economic value the same thing as market value. If a consumer is willing to buy a good, it implies tha ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Ecological Economics
Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economy, economies and natural ecosystems, both intertemporally and spatially. By treating the economy as a subsystem of Earth's larger ecosystem, and by emphasizing the preservation of natural capital, the field of ecological economics is differentiated from environmental economics, which is the mainstream economics, mainstream economic analysis of the environment. One survey of German economists found that ecological and environmental economics are different schools of economic thought, with ecological economists emphasizing strong sustainability and rejecting the proposition that Physical capital, physical (human-made) capital can substitute for natural capital (see the section on #Weak versus strong sustainability, weak versus strong sustainability below). Ecological ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Sustainability Metrics And Indices
Sustainability metrics and indices are measures of sustainability, using numbers to quantify environmental, social and economic aspects of the world. There are multiple perspectives on how to measure sustainability as there is no universal standard. Instead, different disciplines and international organizations have offered measures or Economic indicator, indicators of how to measure the concept. While sustainability indicators, indices and reporting systems gained growing popularity in both the public and private sectors, their effectiveness in influencing actual policy and practices often remains limited. Metrics and indices Various ways of operationalizing or measuring sustainability have been developed. Since the 2010s, there has been an expansion of interest in Sustainable Development Index (SDI) systems, both in industrialized and, albeit to a lesser extent, in developing countries. SDIs are seen as useful in a wide range of settings, by a wide range of actors: internatio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Sustainability Measurement
Sustainability measurement is a set of frameworks or indicators used to measure how sustainable something is. This includes processes, products, services and businesses. Sustainability is difficult to quantify and it may even be impossible to measure as there is no fixed definition. To measure sustainability, frameworks and indicators consider environmental, social and economic domains. The metrics vary by use case and are still evolving. They include indicators, benchmarks and audits. They include sustainability standards and certification systems like Fairtrade and Organic. They also involve indices and accounting. They can include assessment, appraisal and other reporting systems. The metrics are used over a wide range of spatial and temporal scales.Bell, Simon and Morse, Stephen 2008. Sustainability Indicators Measuring the Immeasurable?'' 2nd edn. London: Earthscan. . For organizations, sustainability measures include corporate sustainability reporting and Triple Bottom ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Ecological Footprint
The ecological footprint measures human demand on natural capital, i.e. the quantity of nature it takes to support people and their economies. It tracks human demand on nature through an ecological accounting system. The accounts contrast the biologically productive area people use to satisfy their consumption to the biologically productive area available within a region, nation, or the world (biocapacity). Biocapacity is the productive area that can regenerate what people demand from nature. Therefore, the metric is a measure of human impact on the environment. As Ecological Footprint accounts measure to what extent human activities operate within the means of our planet, they are a central metric for sustainability. The metric is promoted by the Global Footprint Network which has developed standards to make results comparable. FoDaFo, supported by Global Footprint Network and York University are now providing the national assessments of Footprints and biocapacity. Footprint and b ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Environmental Accounting
Environmental accounting is a subset of accounting proper, its target being to incorporate both economic and environmental information. It can be conducted at the corporate level or at the level of a national economy through the System of Integrated Environmental and Economic Accounting, a satellite system to the National Accounts of Countries (among other things, the National Accounts produce the estimates of gross domestic product otherwise known as GDP). Environmental accounting is a field that identifies resource use, measures and communicates costs of a company's or national economic impact on the environment. Costs include costs to clean up or remediate contaminated sites, environmental fines, penalties and taxes, purchase of pollution prevention technologies and waste management costs. An environmental accounting system consists of environmentally differentiated conventional accounting and ecological accounting. Environmentally differentiated accounting measures effects o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |