Context: NCAVES India Forum 2021 is being organised by the Ministry of Statistics and Programme Implementation (MoSPI).

NCAVES Project

• The NCAVES Project, funded by EU, has been jointly implemented by the
  • United Nations Statistics Division (UNSD),
  • the United Nations Environment Programme (UNEP) and
  • the Secretariat of the Convention of Biological Diversity (CBD).
• India is one of the five countries taking part in this project - the other countries being Brazil, China, South Africa and Mexico.
• In India, the NCAVES project is being implemented by the MoSPI in close collaboration with the Ministry of Environment, Forest and Climate Change (MoEF&CC) and the National Remote Sensing Centre (NRSC).
• MoSPI has coordinated with all the stakeholders through a consultative process by setting in place a mechanism for linking the diverse stakeholders concerned – namely producers and the policymakers using the environmental accounts.
• The participation in the project has helped MOSPI commence the compilation of the Environment Accounts as per the UN-SEEA framework and release environmental accounts in its publication “EnviStats India” on an annual basis since 2018.
• Several of these accounts are closely related to the social and economic attributes, making them a useful tool for the Policy.
• Under the NCAVES project, the India-EVL Tool is developed, which is essentially a look-up tool giving a snapshot of the values of various ecosystem services in the different States of the country, based on about 80 studies conducted across the country.
• An additional benefit of this tool is that it provides a critical view on the literature that is available and the applicability of estimates spatially across India according to bio-geographical areas.

https://pib.gov.in/PressReleasePage.aspx?PRID=1687110#:~:text=Natural%20Capital%20Accounting%20and%20Valuation,(NCAVES)%20India%20Forum%2D2021&text=In%20India%2C%20the%20NCAVES%20project,Remote%20Sensing%20Centre%20(NRSC).

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