Towards a Green Net National Product for Ireland

The Economic and Social Research Institute

A newly EPA-funded project will work towards estimating the Green Net National Product for the Republic of Ireland. The Green Net National Product corrects the Net National Product, a measure of economic welfare, for environmental pollution and degradation of natural resources. The project will update the ESRI Environmental Accounts and extend them to include more emissions and resources. It will regularly provide projections of the Environmental Accounts for future years, using the HERMES and ISus models. The national Environmental Accounts will be extended to regions and income classes. The project will estimate the expenditures on environmental protection.