Previous Year Question
With reference to an initiative called ‘The Economics of Ecosystems and Biodiversity (TEEB)’, which of the following statements is/are correct?
A.
1 and 2
B.
Only 3
C.
2 and 3
D.
1, 2 and 3
Correct Answer: C
Detailed Solution
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 recognise, demonstrate and capture the value of ecosystems and biodiversity.
Select the correct answer using the codes given below.