With reference to an initiative called 'The Economics of Ecosystems and Biodiversity (TEEB)',
which of the following statements is/are correct?
It is an initiative hosted by UNEP, IMF and World Economics Forum.
It is a global initiative that focuses on drawing attention to the economic benefits of biodiversity.
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