Event: 5th International Conference on Eco-Compensation and Payments for Ecosystem Services

Accounting Gross Ecosystem Product (GEP)

24 November 2016
Author / Speaker: 
Zhiyun Ouyang, Research Center for Eco-Environmental Sciences, Chinese Academy of Sciences
Email the author | Other materials by the author

View Slides

Description: 

Ecosystem is essential for human survival and development. Yet in the economic-social-environment nexus, there is currently no widely used index to measure sustainability of the natural environment. The economic system has gross domestic product (GDP) to measure its performance, whereas social development has the human development index (HDI). The creation of a new ecosystem service evaluation system to account for ecosystem goods and services at national or regional scales has become a hot global topic for advancing the sustainable development agenda. Gross ecosystem product (GEP) is proposed as a comprehensive index for measuring the contribution of ecosystems to human welfare and socioeconomic development. GEP refers to the total value of final ecosystem goods and services supplied to people in a given region (like country, province, or county) annually. GEP accounting is piloted by several local governments in the PRC.

Geographical Focus: 
Global
China, People's Republic of
Type of Content: 
Learning Event

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.