1. The Ministry of Statistics & Programme Implementation is conducting three live sessions of “Natural Capital Accounting and Valuation of Ecosystem Services” (NCAVES) India Forum 2021 are scheduled to be held on January 14, 21 and 28, 2021 in collaboration with United Nations Statistics Division (UNSD), European Union and UN Environment.
  2. It aims to disseminate the activities taken up by the Ministry under the Project and to highlight the uses to which natural capital accounts can be put, especially in the areas of decision making and policy analysis.
  1. The first session of the event on 14 January 2021 was dedicated to the discussions on the efforts made by India and the international agencies in the domain of natural capital accounting and valuation of the ecosystem services
  2. Through the forum, the Ministry targets to showcase Government’s efforts in making environment a key dimension in our policy paradigm and welcomes active participation of all stakeholders in the NCAVES India Forum 2021.
  1. In 2017, the European Union initiated a project, NCAVES in 2017 to help nations advance the knowledge on environmental-economic accounting, in particular ecosystem accounting that can help in ensuring sustainable economic growth.
  2. The NCAVES Project is being implemented in five countries – India, Brazil, China, Mexico and South Africa - by the United Nations Statistics Division (UNSD), United Nations Environment Programme (UNEP) and the Secretariat of the Convention of Biological Diversity (CBD).
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