NCAVES (Natural Capital Accounting & Valuation of the Ecosystem Services) India Forum for the year 2021 is organized by the Ministry of Statistics and Programme Implementation.
♦ The NCAVES project is funded by the European Union (EU). NCAVES is Jointly implemented by the subsequent agencies: United Nations Statistics Division (UNSD), United Nations Environment Programme -UNEP & Secretariat of the Convention on Biological Diversity – CBD.
♦ In India, it’s implemented by the subsequent agencies: the Ministry of Statistics and Planning and therefore the Ministry of Environment, Forests & global climate change (MoEF&CC) and therefore the National Remote Sensing Center (NRSC) in close cooperation.
♦ India is one of five countries participating in this project. Other participating countries are China, Brazil, South Africa, and Mexico.
♦ Participation in the project will be helpful to compile Environment Accounts as per the UN-SEEA framework and also helps for publishing environmental accounts in its publication “EnviStats India” once a year from 2018.
♦ Under the NCAVES project, the India-EVL tool was developed.
♦ This is an inquiry tool that gives a snapshot of the worth of varied ecosystem services in several states of the country supported by approximately 80 studies conducted across the country.