'Uniqueness value of forest is irreplaceable'
A recent study by IIFM found that 10 select tiger reserves of the country provide economic benefits worth Rs 5.96 trillion. Globally, efforts are being made to assess the benefits of conservation on economy and various methods and formulas have been devised to evaluate these aspects. Critics, however, believe that ecosystem valuation can lead to commodification of nature and its sale to the highest bidder. We talk to Dr Madhu Verma, lead researcher of IIFM study and an expert in field of ecosystem valuation.