Green GDP Accounting — Revision Notes

⚡ 30-Second Revision

GDP − produced-capital consumption = NDP.
Illustrative adjusted net: 1,000 − 100 − 40 − 20 = 840.
Physical balance: 500 + 20 − 50 = 470.
SEEA Central Framework: 2012.
EA 2021 chapter statuses differ.
Strategy ≠ published aggregate.

2-Minute Revision

Environmental-economic accounts connect production with resources and ecosystems. Define gross or net starting points, keep physical and monetary changes distinct and avoid overlapping adjustments. SEEA provides structure, while valuation and data limitations remain explicit. Physical accounts can be useful without a single Green GDP number.

5-Minute Revision

Calculate the two illustrative balances and explain what each measures. Then describe a case where physical stock falls but monetary value rises. List the evidence needed before a strategy document could be cited as establishing an official adjusted national aggregate.

Vyyuha Quick Recall

Base, boundary, balance, valuation, overlap.