Madhu Verma is Indian born environmental economist presently working as Chief Economist at WRI India.[1] She has worked extensively on Economic Valuation & Green Accounting of Ecosystems & Biodiversity, Ecosystem-Economy Modelling, Tiger & Snow Leopard Habitat Valuation, Forest- Fiscal Federalism and Payment for Ecosystem Services.

Madhu Verma
Born (1961-07-04) 4 July 1961 (age 63)
NationalityIndian
Academic career
FieldEnvironmental economics
Economic Valuation & Green Accounting of Ecosystems & Biodiversity
Institution
List
  • WRI India
    Indian Institute of Forest Management (IIFM)
Information at IDEAS / RePEc

Education and career

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She is a biological science graduate with MA, M.Phil. and Ph.D. in economics with specialization in Regional Planning and Economic Growth from Barkatullah University, India. Till 2019, she worked as Professor in the department of Environment & Developmental Economics, at the Indian Institute of Forest Management (IIFM), an autonomous organization of the Ministry of Environment, Forests and Climate Change, Government of India, Bhopal, India. She has also established Centre for Ecological Services Management (CESM) in 2007 at IIFM with focus on research, training and consulting activities relating to Valuation and Modeling of ecosystem services, Green Accounting and Payment for Ecosystem services and their linkages with biodiversity, culture, and livelihoods.[2]

She is a Fulbright Fellow (2012),[3] LEAD Fellow (2007) and World Bank EMCaB program's EEOFC Grant awardee (2001) for post doc research at the University of Massachusetts (Amherst), UCAL(Berkeley)[1][4]

She has authored the pioneer work of Economic Valuation of Tiger Reserves in India (2015[5] and 2019[5]), which has influenced the policies and decision-making process of the government[5][6][7][8][9][10][11][12][13]

She has also authored and contributed in several international reports like the UN's Millennium Ecosystem Assessment Report (2004–06); The Economics of Ecosystem and Biodiversity (TEEB) Reports (2007–2011); and the Global Assessment of Resources for Implementing the Strategic Plan for Biodiversity in 2011 to 2020.[14]

She has 35 years of enriched work experience with many national and international institutes, Ministries like Environment, Forest and Climate Change, MoFinance, Forestry Commission and various Finance Commissions of India and United Nations bodies, World Bank and various international funding agencies and academic institute. She has traveled across the globe to more than 30 countries for work and has more than 40 publications in international and national journals, several books and Project Reports to her credit.

Awards and honors

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She has been recognized as INSEE (Indian Society for Ecological Economics) Fellow[15] in appreciation of her path breaking contributions in refining and honing ecological concepts to make them visible on the radar of policy makers. She has also recently been recognized by UN-REDD platform for ‘Women Working in Forests"[16] on the occasion of International Women's Day of 2018. A feature on her work has been published in special issue of India today, a leading international magazine of India of 28 March 2018 on Madhya Pradesh under the category of trendsetters. She was also a panelist in the session on "Write Stuff: The state of Education" in the "India Today: The State of The State Conclave" held at Bhopal on 29 March 2018. She was nominated as "Human Star" under "Day out with a Star" platform in 2017 at the India Environment Network, a Washington DC–based network to speak about Economic Valuation of Tiger Reserves in India[17]

Selected bibliography

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  • Making the hidden visible: Economic valuation of tiger reserves in India[18]
  • The IPBES Conceptual Framework – connecting nature and people[19]
  • Guidance manual for the valuation of regulating services. 2010. United Nations Environment Programme

References

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  1. ^ a b "Madhu Verma". World Resources Institute. 14 January 2020. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  2. ^ "Centre for Ecological Service Management (CESM) – भारतीय वन प्रबंध संस्थान, भोपाल | Indian Institute of Forest Management". Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  3. ^ "USIEF". www.usief.org.in. Archived from the original on 28 January 2020. Retrieved 3 March 2020.
  4. ^ "MadhuVerma". ipbes.net. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  5. ^ a b c "Publication:National Tiger Conservation Authority / Project Tiger". projecttiger.nic.in. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  6. ^ Pinjarkar, Vijay (1 August 2019). "Study values country's 10 tiger reserves at Rs 5.96 lakh crore". The Times of India. Archived from the original on 21 January 2020. Retrieved 3 March 2020.
  7. ^ "Tiger reserves have immense economic values: Study". The Pioneer. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  8. ^ Balachandran, Manu. "India's forests are worth $1.7 trillion, more than the GDP of Russia or Canada". Quartz India. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  9. ^ "Green Eco: Saving 2 tigers gives more value than Mangalyaan!". The Economic Times. 16 July 2017. Retrieved 3 March 2020.
  10. ^ "Never Knew Tiger Was So Valuable by Proloy Bagchi". www.boloji.com. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  11. ^ "Green Eco: Saving 2 tigers gives more value than Mangalyaan!". DNA India. 16 July 2017. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  12. ^ "'Uniqueness value of forest is irreplaceable'". Goi Monitor. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  13. ^ Balasubramanian, D. (22 July 2017). "Tiger reserves: Economic and environmental win-win". The Hindu. ISSN 0971-751X. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  14. ^ Unit, Biosafety (26 August 2015). "High-Level Panel on Resourcing". www.cbd.int. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  15. ^ "Indian Society for Ecological Economics". ecoinsee.org. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  16. ^ "Women working for forests: Madhu Verma - UN-REDD Programme Collaborative Online Workspace". www.unredd.net. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  17. ^ N, I. E. "Day out with Dr. Madhu Verma- Learn to value Tiger Habitats!". Day Out with a Star. Archived from the original on 3 March 2020. Retrieved 3 March 2020.
  18. ^ Verma, Madhu; Negandhi, Dhaval; Khanna, Chandan; Edgaonkar, Advait; David, Ashish; Kadekodi, Gopal; Costanza, Robert; Gopal, Rajesh; Bonal, Bishan Singh; Yadav, Satya Prakash; Kumar, Sanjay (1 August 2017). "Making the hidden visible: Economic valuation of tiger reserves in India". Ecosystem Services. 26: 236–244. doi:10.1016/j.ecoser.2017.05.006. ISSN 2212-0416.
  19. ^ Díaz, Sandra; Demissew, Sebsebe; Carabias, Julia; Joly, Carlos; Lonsdale, Mark; Ash, Neville; Larigauderie, Anne; Adhikari, Jay Ram; Arico, Salvatore; Báldi, András; Bartuska, Ann (1 June 2015). "The IPBES Conceptual Framework — connecting nature and people". Current Opinion in Environmental Sustainability. Open Issue. 14: 1–16. doi:10.1016/j.cosust.2014.11.002. hdl:11336/56765. ISSN 1877-3435.