Why in the News?
The IBAT Alliance, a coalition of leading global conservation bodies, announced a record $2.5 million investment in biodiversity data for the year 2024, more than double the amount in 2023.
About Integrated Biodiversity Assessment Tool (IBAT):
- What is it: IBAT is a web-based biodiversity mapping and reporting platform launched in 2008 at the IUCN World Conservation Congress.
- Objective: It was launched to enable the private sector, government, and civil society to integrate biodiversity into planning and risk management processes.
- Utility: It helps screen biodiversity risks, assess conservation priorities, and align business practices with global frameworks like the UN SDGs and Kunming-Montreal Global Biodiversity Framework.
- Members: The IBAT Alliance is a coalition of 4 major global conservation organizations:
-
- BirdLife International
- Conservation International (CI)
- International Union for Conservation of Nature (IUCN)
- UN Environment Programme World Conservation Monitoring Centre (UNEP-WCMC)
- Headquarters: David Attenborough Building, Cambridge (UK), with access to global scientific and conservation networks.
| [UPSC 2016] 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. (a) 1 and 2 only (b) 3 only (c) 2 and 3 only* (d) 1, 2 and 3 |
Get an IAS/IPS ranker as your 1: 1 personal mentor for UPSC 2024
