The Uttarakhand government recently announced it will initiate valuation of its natural resources in the form of ‘Gross Environment Product’ (GEP).
GEP be along the lines of Gross Domestic Product (GDP).
The definition of GEP is still in the process of evolution. In 1997, a group of 13 economists and ecologists led by Costanza showed that at global level the value of ES is about twice as much as the global GDP.
It may be pointed out that on the recommendation of the ecologists like Singh, the Union government incorporated the value of ecosystem services of its states in national accounting.
According to the recommendation of 12th and 13th Finance Commissions, grants were transferred to forest rich states in amounts corresponding to their forest covers.
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Microplastics concentration in Ganga
Microplastics are plastics that are less than 5 millimetres in size but are a major source of marine pollution. They are non-degradable plastics that often entered the Ganga through industrial waste or packaging of religious offerings.
The Ganga is heavily polluted with microplastics at Varanasi, Haridwar and Kanpur.
Microplastics in river water, if ingested in humans or other organisms, can cause toxicity through various means. Not only are these microplastics toxic themselves, they also have a tendency to absorb various toxins present in water, including harmful chemicals. Source: Down To Earth