NCAVES India Forum 2021 organized

Part of: GS Prelims and GS-III – Environment; Ecology; Economy

In news 

    Natural Capital Accounting and Valuation of the Ecosystem Services (NCAVES) India Forum-2021 is being organised. 

    Ministry: Ministry of Statistics and Programme Implementation (MoSPI).

Key takeaways 

    The NCAVES Project is funded by the EU. 

    Jointly implemented by: United Nations Statistics Division (UNSD), the United Nations Environment Programme (UNEP) and the Secretariat of the Convention of Biological Diversity (CBD).

    In India, it is being implemented by: Ministry of Statistics and Programme Implementation in close collaboration with the Ministry of Environment, Forest and Climate Change (MoEF&CC) and the National Remote Sensing Centre (NRSC).

    India is one of the five countries taking part in this project. 

    The other countries being Brazil, China, South Africa and Mexico.

    The participation in the project has helped MoSPI commence the compilation of the Environment Accounts as per the UN-SEEA framework and release environmental accounts in its publication “EnviStats India” on an annual basis since 2018.

    Under the NCAVES Project, the India-EVL Tool has been developed. 

    This is a look-up tool giving a snapshot of the values of various ecosystem services in the different States of the country, based on about 80 studies conducted across the country.

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