UN launches new system to measure global economic growth by integrating value of nature in gross domestic product (GDP)

New York, March 10 – The United Nations has launched a ground-breaking system to measure economic growth by integrating natural capital like forests, wetlands and other ecosystems in annual GDP reports. It said the new statistical accounting framework may reshape policy and decision-making towards sustainable development.The new framework, called the System of Environmental-Economic Accounting—Ecosystem Accounting … Continue reading UN launches new system to measure global economic growth by integrating value of nature in gross domestic product (GDP)