India is wanting to become the first country in the world to commit to publishing a new set of accounts. These accounts will track the nation’s plants, animals, water and other “natural wealth” on top of the current financial measurements such as GDP, etc.
Work on how these will be measured will be coordinated by the World Bank. Next step will be agreement on these measures.
Lets send a positive message to the community at large to encourage our own countries to follow this important direction.
I think it’s a great initiative. What do you think?