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

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Q: 27 (IAS/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.

question_subject: 

Ecology

question_exam: 

IAS

stats: 

0,174,114,19,24,174,71

keywords: 

{'ecosystems': [0, 0, 1, 2], 'biodiversity': [2, 0, 2, 9], 'economics': [0, 0, 0, 1], 'global initiative': [0, 0, 0, 1], 'world economic forum': [0, 1, 2, 4], 'economic benefits': [0, 0, 0, 1], 'initiative': [2, 0, 1, 23], 'decision': [1, 1, 1, 2], 'teeb': [0, 0, 0, 1], 'value': [0, 0, 1, 0], 'approach': [0, 0, 0, 2]}