The earth has got a limited carrying capacity. Without a fair and universal indicator environmental catastrophe is imminent as policymaking will remain environmentally insensitive. Critically discuss the role of Green GDP in this regard. (150 W/ 10 M)

Mentor’s Comment:

Natural resources are in limited quantity on earth which compelled us to think in its wiser use keeping in mind the future needs. Green GDP ensures its judicious use and proper planning in the use of natural resources.

Introduction should explain in general, about the Green GDP and link it to sustainable use of natural resources.

Further, the main body should mention the way it (GGDP) will help in this regard. Like inter-relationship between market and nature, weakness of GDP, comparison across peers and periods G-GDP will enable more accurate predictions, Accountability in dealing with climate as well as management of natural resources etc…etc…

Next, mention about the challenges in adopting GGDP. Like, realistic accounting, lack of data deficit and above all the lack of political will.

Next, bring conclusion base on the points mentioned in the main part.

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