4.
With reference to an initiative called ‘The Economics of Ecosystems and Biodiversity (TEEB)’,
which of the following statements is/are correct? (UPSC / IAS 2016)
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.
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