Abstract: Green GDP accounting is the foundation of the balance sheet of natural resources and an important prerequisite for the establishment and improvement of the state-owned resources asset management system. As a large economic province in China, Jiangsu has prominent environmental resources problems, so it is urgent and practical to study its green GDP accounting ideas. On the analysis of the status quo and reviewed on the basis of existing green GDP accounting, the study puts forward the following accounting indicators： “the cumulative environmental pollution”, “the cumulative environmental cost” and “cumulative environmental cost allocation” and so on. Focused on the green GDP accounting content of Jiangsu province, the study also puts forward environmental damage cost allocation way of thinking based on time-space traceability of environmental cost, and builds the thinking of green GDP accounting system in Jiangsu province.

Key words: time and space traceability, green GDP, accounting