Home > Practice > Current Affairs > July - 2024 > July 22, 2024
1. Which state has become the first to assign a monetary value to natural resources by launching the Gross Environment Product (GEP) index?
Uttarakhand has distinguished itself by becoming the first state to launch the Gross Environment Product (GEP) index, assigning monetary value to its natural resources such as air, water, forest, and soil. This initiative reflects a 0.9% increase in GEP from 2020 to 2022, demonstrating the state's dedication to environmental valuation. Additionally, Uttarakhand recently achieved the top rank in the country for Sustainable Development Goals, further emphasizing its commitment to sustainability and environmental stewardship.