Enhance Your Learning with Economics - Green GDP Flash Cards for quick understanding
A concept that incorporates environmental factors into traditional GDP calculations to measure sustainable economic growth.
Economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
Measurable factors that provide information about the state of the environment, such as air quality, water pollution, and biodiversity.
The process of quantifying the economic value of natural resources and environmental services to determine the contribution of the environment to the economy.
Advantages include a more comprehensive understanding of economic development and the ability to assess the environmental impact of economic activities. Limitations include data availability and the subjective valuation of environmental goods and services.
The potential influence of Green GDP on policy decisions, such as the development of sustainable development strategies and the implementation of environmental regulations.
In-depth analyses of specific countries or regions that have implemented Green GDP or similar environmental accounting methods to evaluate their effectiveness and challenges.
Predictions and potential advancements in the field of Economics - Green GDP, including the integration of new environmental indicators and the refinement of measurement techniques.
The balance between economic growth and the preservation of natural resources and ecosystems to ensure long-term well-being and quality of life.
An accounting framework that takes into account the economic value of natural resources and environmental assets, providing a more comprehensive assessment of economic performance.
The total value of all goods and services produced within a country's borders in a specific time period, often used as a measure of economic performance.
The deterioration of the environment due to human activities, such as pollution, deforestation, and depletion of natural resources.
The stock of natural resources and ecosystems that provide goods and services essential for human well-being and economic development.
The benefits that humans obtain from ecosystems, including the provision of clean air and water, pollination of crops, and regulation of climate.
The total amount of greenhouse gases, primarily carbon dioxide, emitted directly or indirectly by an individual, organization, or product.
Energy derived from sources that are naturally replenished, such as sunlight, wind, and water, with minimal environmental impact.
An economic system that aims to minimize waste and maximize the use of resources by promoting recycling, reusing, and reducing consumption.
A set of 17 global goals adopted by the United Nations to address social, economic, and environmental challenges and promote sustainable development.
Government regulations, laws, and initiatives aimed at protecting the environment, conserving natural resources, and promoting sustainable practices.
A policy instrument that puts a price on carbon emissions to incentivize businesses and individuals to reduce their greenhouse gas emissions.
The costs or benefits of economic activities that are not reflected in market prices, such as pollution or the preservation of natural habitats.
Employment opportunities in sectors that contribute to environmental sustainability, such as renewable energy, waste management, and conservation.
A process that evaluates the potential environmental effects of a proposed project or development, helping to identify and mitigate potential risks.
The ethical and responsible behavior of businesses towards society and the environment, including initiatives to reduce environmental impact and support local communities.
Financial or non-financial rewards or penalties designed to encourage individuals, businesses, or governments to adopt certain behaviors or practices.
The practice of making misleading or unsubstantiated claims about the environmental benefits of a product, service, or company.
The ability of an economy to withstand and recover from shocks, such as natural disasters or economic downturns, while maintaining sustainable development.
An increase in the production and consumption of goods and services over time, often measured by changes in GDP.
The protection and preservation of natural resources, ecosystems, and biodiversity to maintain ecological balance and ensure long-term sustainability.
Natural or engineered systems that provide environmental, economic, and social benefits, such as parks, wetlands, and green roofs.
Statistics and data that provide insights into the overall health and performance of an economy, such as inflation rate, unemployment rate, and GDP growth.
The responsible and sustainable management of natural resources and the environment, ensuring their preservation for future generations.
The optimal allocation of resources to maximize the production of goods and services, minimizing waste and inefficiency.
The use of goods and services in a way that minimizes negative environmental impacts, promotes social well-being, and meets the needs of present and future generations.
The unequal distribution of wealth, income, and resources among individuals or groups within a society, often measured by indicators such as the Gini coefficient.
The process of acquiring knowledge, skills, and values to understand and address environmental challenges, fostering sustainable behaviors and attitudes.
Government actions and strategies aimed at influencing the overall performance and direction of an economy, including fiscal and monetary policies.
Fixed-income financial instruments issued to fund projects with environmental benefits, such as renewable energy infrastructure or energy-efficient buildings.
A significant decline in economic activity, typically characterized by a contraction in GDP, high unemployment rates, and reduced consumer spending.
The fair and equitable distribution of environmental benefits and burdens, ensuring that marginalized communities are not disproportionately affected by environmental hazards.
The process of improving the economic well-being and quality of life of a country or region, often measured by indicators such as GDP per capita and human development index.
Physical structures and systems that support economic activities while minimizing environmental impact, such as renewable energy installations and efficient transportation networks.
The increasing interconnectedness and integration of national economies through trade, investment, and the flow of goods, services, and capital across borders.
The branch of philosophy that explores moral principles and values concerning the relationship between humans and the natural environment.
The process of expanding the range of industries and sectors in an economy to reduce dependence on a single industry or source of income.
Tourism that minimizes negative environmental, social, and cultural impacts, while maximizing the benefits for local communities and preserving natural and cultural heritage.
The system of institutions, policies, and processes that regulate and manage environmental resources and address environmental challenges at local, national, and global levels.
The ability of an economy to support long-term economic growth and development without depleting natural resources or causing significant environmental damage.
Farming practices that promote the efficient use of natural resources, minimize environmental impact, and ensure the long-term viability of agricultural systems.
A sustained increase in the general price level of goods and services in an economy, reducing the purchasing power of money.
The effect of human activities on the environment, including pollution, habitat destruction, and climate change.
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs, balancing economic, social, and environmental considerations.