Forests get a value tag: 4 times GDP

Rajiv Sinha Arizona State University, Haripriya Gundimeda Madras School of Economics, Pushpam Kumar Institute of Economic Growth, New Delhi and Pavan Sukhdev Deutsche Bank, London are among the authors of these reports, based on the System of Integrated Environmental and Economic Accounting SEEA formulated by the United Nations.

And the Planning Commission is taking notice. 8216;8216;We cannot ignore these factors while developing strategies for sustainable growth. It8217;s a great initiative,8217;8217; said Srikant Panigrahi, director of Environment and Forest in the commission.