The Azimuth Project
Genuine Progress Indicator

The genuine progress indicator or GPI is an economic index that has been suggested to replace, or supplement the gross domestic product or GDP as a metric of economic growth. The GDP is the market value of all final goods and services produced within a country in a given period. The GPI subtracts from this various costs, such as:

  • costs of resource depletion
  • cost of air pollution, water pollution and other forms of pollution
  • loss of farmland
  • loss of wetlands

and so on.

Here are some attempts to apply the GPI concept to legislative decisions:

  • The GPI Atlantic indicator pioneered by Ronald Colman? for Atlantic Canada.

  • The Alberta GPI pioneered by ecological economist Mark Anielski? to measure the long-term economic, social and environmental sustainability of the province of Alberta.

  • The metrics used by Environment and Sustainable Development Indicators Initiative of Canada to measure its progress to achieving well-being goals. These are being organized by the Canadian Sustainability Indicators Network.

References

For more, see:

Compare Gross National Happiness?.

category: sustainability