gs1medium

With reference to an initiative called ‘The Economics of Ecosystems and Biodiversity (TEEB)', which of the following statements is/are correct?

  1. 1.It is an initiative hosted by UNEP, IMF and World Economic Forum.
  2. 2.It is a global initiative that focuses on drawing attention to the economic benefits of biodiversity.
  3. 3.It presents an approach that can help decision makers recognize, demonstrate, and capture the value of ecosystems and biodiversity.
  1. A.1 and 2 only
  2. B.3 only
  3. C.2 and 3 only
  4. D.1, 2 and 3
▶ Answer & Explanation

Correct answer: C. 2 and 3 only

The Economics of Ecosystems and Biodiversity (TEEB) is a global initiative aimed at highlighting the economic importance of biodiversity and ecosystem services. It provides methodologies to help decision-makers understand, demonstrate, and value these natural assets. While UNEP is a key partner, the initiative is not hosted by IMF or the World Economic Forum.

Source: UPSC gs1 2016

Practice this question with answer tracking

Track your performance, build spaced repetition reviews, and see your weak areas.

Start practising free →