NCAVES India Forum 2021 organised

NCAVES India Forum 2021 organised

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.