This week’s big environmental story, March 29-4 April
A nature reserve in Zhejiang province has had its gross ecosystem
product (GEP) valued at RMB 311 million (USD 43 million), China Environment News reports.
GEP summarises the value of the contributions of nature to economic activity;
it is a natural realm version of GDP.
The GEP of Chengtian Radon Spring Nature Reserve was calculated based on 13
indicators, including: agricultural and forestry products, carbon
sequestration, water purification, and ecotourism potential, added China
Environment News.
This is Zhejiang’s first nature reserve to have its GEP calculated. After
China launched a national
standard for GEP accounting in September 2020, Zhejiang was the first province
to issue a local
standard. It encompasses three main components: products directly supplied by
the ecosystem like food and materials, ecosystem services regulating climate,
water and soil, and cultural services such as tourism.
A year later, in Zhejiang’s Deqing county, GEP
directly influenced development choice. Project A was found to be more
eco-friendly than Project B, and was thus green-lighted.
Research published
in 2023 showed that, based on differing availability of data, at least 15 local
governments have issued guidelines on GEP accounting, and around 200 pilot
projects are happening across the country.
Governments use GEP to evaluate administration, the research says. For
instance, city-level authorities assess county-level administrators who oversee
areas that provide ecosystem services. Some regional governments have
stipulated which departments are responsible for enhancing GEP. Meanwhile,
counties could use GEP, along with GDP, as a performance measure. They could
even use it for auditing officials leaving their positions, according to the
research.
Challenges, both technical and institutional, remain at this early stage. The
great differences between ecosystems makes choosing indicators challenging.
Also, data from different agencies may not align and therefore be hard to
compare, or they might be reluctant to share information, the research added.
(Sources: China Dialogue)
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