‘Green Accounting’ means measuring the National Income of the country taking into account estimation of

Correct option is D

Green Accounting, also known as environmental accounting, is a method of measuring national income by considering the economic value of environmental degradation and depletion of natural resources.
Important Key Points:
1. Environmental Consideration: Accounts for pollution and environmental damage in economic assessments.
2. Sustainable Development: Promotes sustainable economic practices by valuing natural resources.
3. National Income Measurement: Integrates environmental costs into traditional economic indicators like GDP.
4. Policy Tool: Helps in formulating policies for environmental conservation and sustainable use of resources.
5. International Adoption: Used by various countries and organizations to promote environmental sustainability.
6. Frameworks and Standards: Developed by institutions like the UN and World Bank.
7. Impact on Economy: Highlights the economic impact of environmental degradation and promotes corrective measures.
Information Booster:
 Total Forest Area: Important for assessing biodiversity and carbon sequestration.
 Destruction of Forest Cover: Leads to loss of biodiversity and contributes to climate change.
 Pollution and Environmental Damage: Includes air, water, and soil pollution, which have significant health and economic impacts.
 Green Accounting: Emphasizes the need to include environmental factors in economic decisions.