Question

What does the term 'Green GDP' signify?

  1. GDP calculated using only renewable energy sources.
  2. GDP adjusted for environmental degradation and resource depletion.
  3. GDP of countries with strong environmental regulations.
  4. GDP of the agricultural sector.

Answer:

Option B: GDP adjusted for environmental degradation and resource depletion.

Detailed Solution:

The correct answer is “GDP adjusted for environmental degradation and resource depletion.”.

Green GDP is an attempt to measure GDP by adjusting it for the environmental costs of economic activities, such as pollution and resource depletion.