Loading...
UPSC 2016: With reference to an initiative called 'The Economics of Ecosystems and Biodiversity (TEEB)', which of the following statements is/are correct? 1. It is an initiative hosted by UNEP, IMF and World Economic Forum. 2. It is a global initiative that focuses on drawing attention to the economic benefits of biodiversity. 3. 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.
(a)1 and 2 only
(b)3 only
(c)2 and 3 only
(d)1, 2 and 3
Attempt This Question
Not attemptedCorrect Answer: (c) 2 and 3 only
TEEB is a UNEP-hosted global initiative that seeks to make ‘nature’s values visible’ by highlighting the economic benefits of biodiversity and offering a framework for decision-makers to recognise, demonstrate and capture those values; it is not hosted by the IMF or World Economic Forum. Thus statements 2 and 3 are correct and statement 1 is incorrect. ([unep.org](https://www.unep.org/explore-topics/green-economy/what-we-do/economics-ecosystems-and-biodiversity?utm_source=openai))
Related Current Affairs
Related UPSC Questions
More from Environmental Governance & Legislation
2015moderate
The Genetic Engineering Appraisal Committee is constituted under the
2017moderate
According to the Wildlife (Protection) Act, 1972, which of the following animals cannot be hunted by any person except under some provisions provided
2014moderate
With reference to Bombay Natural History Society (BNHS), consider the following statements: 1. It is an autonomous organization under the Ministry of
Related Environment & Ecology Topics
2016International Environmental Treaties & Summits
What is/are the importance/importances of the United Nations Convention to Combat Desertification? 1. It aims to promote effective action through inno
2016Water & Wetland Conservation
Which of the following are the key features of ‘National Ganga River Basin Authority (NGRBA)’? 1. River basin is the unit of planning and management.
Frequently Asked Questions
What is the correct answer to this UPSC 2016 Environment & Ecology question?▼
The correct answer is option (c): 2 and 3 only. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Environmental Governance & Legislation question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2016, GS Paper 1, as Question 52. It falls under Environment & Ecology > Environmental Governance & Legislation.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Environmental Governance & Legislation?▼
UPSC has asked 35 questions from Environmental Governance & Legislation (under Environment & Ecology) across multiple years. Visit the topic page to see the full list and year-wise trends.