2. With reference to an initiative called ‘The Economics of Ecosystems and Biodiversity (TEEB)’, which of the following statements is/are correct? 
 

1. It is an initiative hosted by UNEP, IMF and World Economic Forum.
2. It is a global initiative that focuses on drawing attention to the economic benefits of biodiversity.
3. It presents an approach that can help decision-makers recognize, demonstrate and capture the value of ecosystems and biodiversity.
 

Select the correct answer using the code given below.

1. 1 and 2 only

2. 3 only

3. 2 and 3 only

4. 1, 2 and 3

Correct Answer :

2 and 3 only