India launches major new study for valuation of its natural capital and ecosystem services

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The MoEF has initiated a major new programme to value the immense wealth of natural resources and biodiversity in India. Collaborating with The Economics of Ecosystems and Biodiversity (TEEB) study, the Ministry has begun the process of valuating its natural capital and ecosystem services in terms of economic value.

TEEB is a major international initiative to draw attention to the global economic benefits of biodiversity, to highlight the growing costs of biodiversity loss and ecosystem degradation, and to draw together … Read More