India is today expected to become the first country in the world to commit to publishing a new set of accounts which track the nation’s plants,animals, water and other “natural wealth” as well as financial measurements such as GDP.
The announcement is due to be made at a meeting of world governments in Japan to try to halt global destruction of biodiversity, and it is hoped that such a move by a major developing economy will prompt other countries to join the initiative.
http://www.guardian.co.uk/environment/2010/oct/20/india-natural-wealth-accounts
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