UPSC Prelims 2016 · GS Paper 1 · Q52
Environment
Hard · TEEB Initiative
Consider the following statements regarding 'The Economics of Ecosystems and Biodiversity' (TEEB) initiative:
1. It is jointly hosted by the United Nations Environment Programme, the International Monetary Fund and the World Economic Forum.
2. It draws global attention to the economic benefits of biodiversity.
3. It presents an approach to help decision makers recognise, demonstrate and capture the value of ecosystems and biodiversity.
Which of the statements given above are correct?