Gross ecosystem product

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The Gross ecosystem product (GEP) is a measure of the contribution of ecosystems to the economy. It is based on the value of products directly supplied by the ecosystem, the value of its regulating services (such as climate regulation), and the value of cultural services like tourism. A country level standard was launched in China in 2020. As of 2023, 15 local governments have issued guidelines using GEP, and around 200 projects have been launched. An example of its use is in measuring performance of local officials. The first province to issue local rules using GEP was Zhejiang in China. For example, the GEP of Chengtian Radon Spring Nature Reserve has been calculated as US$43 million.[1][2]

References[edit]

  1. ^ Wenjia, JIN. "GROSS ECOSYSTEM PRODUCT" (PDF). International Union for Conservation of Nature (IUCN). Retrieved 9 April 2024.
  2. ^ Mengnan, Jiang. "Zhejiang counts 'gross ecosystem product' of nature reserve". China Dialogue. Retrieved 7 April 2024.