Prelims 2016 · Environment · Question 77
With reference to an initiative called 'The Economics of Ecosystems and Biodiversity (TEEB)', which of the following statements is/are correct?
- It is an initiative hosted by UNEP, IMF and World Economic Forum.
- It is a global initiative that focuses on drawing attention to the economic benefits of biodiversity.
- It presents an approach that can help decision-makers recognize, demonstrate and capture the value of ecosystems and biodiversity.
Select the correct answer using the code given below.
Answer
2 and 3 only
1. Incorrect. TEEB is hosted by UNEP; it is not hosted by the IMF or the World Economic Forum.
2. Correct. TEEB is a global initiative that highlights the economic benefits of biodiversity and the costs of its loss.
3. Correct. It provides an approach to help decision-makers recognize, demonstrate and capture the value of ecosystems and biodiversity.
Hence, statements 2 and 3 only are correct.