meaning of green accounting
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Green accounting is a type of accounting that attempts to include factor environmental costs into the financial results of operations. ... The major purpose of green accounting is to help businesses understand and manage the potential quid pro quo between traditional economics goals and environmental goals.
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Green accounting is a type of accounting that attempts to include factor environmental costs into the financial results of operations. It has been argued that gross domestic product ignores the environment and therefore policymakers need a revised model that incorporates green accounting.
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