Environment & Ecology · Environmental Economics
With reference to the global initiative called 'The Economics of Ecosystems and Biodiversity (TEEB)', which of the following statements is/are correct? (i) It is an initiative hosted primarily by the IMF and the World Economic Forum. (ii) It focuses on drawing global attention to the economic benefits of biodiversity. (iii) It presents an structured framework that helps decision-makers recognize, demonstrate, and capture the economic value of ecosystems.
- 1(i), (ii), and (iii)
- 2Only (ii) and (iii)✓
- 3Only (iii)
- 4Only (i) and (ii)
Correct answer
Only (ii) and (iii)
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