Which of the following statements is/are correct with reference to the Natural Capital Accounting and Valuation of Ecosystem Services (NCAVES) India Forum?

Answer & Explanation

Option: The Ministry of Statistics & Programme Implementation is conducting NCAVES India Forum (in a virtual format), in collaboration with United Nations Statistics Division (UNSD), European Union and UN Environment.

Explanation:

The Ministry of Statistics & Programme Implementation is conducting NCAVES India Forum 2021 (in a virtual format), in collaboration with United Nations Statistics Division (UNSD), European Union and UN Environment. In 2017, the European Union initiated a project, “Natural Capital Accounting and Valuation of Ecosystem Services” (NCAVES) in 2017 to help nations advance the knowledge on environmental-economic accounting that can help in ensuring sustainable economic growth.