Evaluating ecosystem services: the role of the finance commission in TEEB implementation (Record no. 531613)

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Personal name Patel, Aditya and Tiwary, Manish Kumar
245 ## - TITLE STATEMENT
Title Evaluating ecosystem services: the role of the finance commission in TEEB implementation
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Indian Institute of Public Administration Digest
300 ## - PHYSICAL DESCRIPTION
Extent 6(3), Jul-Sep, 2024: p.32-35
520 ## - SUMMARY, ETC.
Summary, etc The Economics of Ecosystems and Biodiversity (TEEB) is a comprehensive global initiative focused on illuminating the critical value of nature and ensuring it is embedded within economic decision-making frameworks. The core mission of TEEB is to incorporate the essential values of biodiversity and ecosystem services into policy-making and business strategies, addressing these at various levels from local communities to international bodies. This initiative employs a detailed and structured approach to valuation, which helps decision-makers grasp the extensive array of benefits that ecosystems and biodiversity provide. The process begins with the recognition of the myriad services that ecosystems offer, such as clean air and water, pollination of crops, and climate regulation. This recognition phase is crucial for understanding how deeply human well-being and economic stability are intertwined with healthy ecosystems. Following this, TEEB focuses on demonstrating these benefits in economic terms. Through a variety of valuation methods, such as cost-benefit analysis, contingent valuation, and ecosystem service mapping, these benefits are quantified. This economic demonstration makes the benefits of biodiversity and ecosystems tangible and comparable to other economic assets, facilitating their inclusion in traditional economic metrics.- Reproduced

https://www.iipa.org.in/GyanKOSH/posts/evaluating-ecosystem-services-the-role-of-the-finance-commission-in-teeb-implementation
773 ## - HOST ITEM ENTRY
Main entry heading Indian Institute of Public Administration Digest
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2025-09-18 6(3), Jul-Sep, 2024: p.32-35 AR137290 2025-09-18 Articles

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