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Madhu Verma

Senior Economic Advisor (Head – Ecosystem Service Valuation)

Dr. Madhu Verma is an Environmental Economist & Policy Analyst with 39 years of rich experience in various facets the of Ecosystem Services Valuation, Mapping, Modelling and Measuring Ecosystem Services and Green Accounting, Environmental & Conservation Finance, Nature Based Solutions, Payment for Ecosystem Services, Incentive Base Mechanisms, Policy, Institutional and Market Mechanisms.

She is a Fulbright Nehru Environmental Leadership Program (FNELP) Fellow, 2012 at Portland State University; Leadership in Environment & Development (LEAD) Fellow, 2007 & Indian National Society of Ecological Economics (INSEE) Fellow, 2018 and the World Bank supported EMCaB Fellowship awardee, 2001 to conduct research at the University of Massachusetts, Amherst and University of California, Berkeley. She is an Expert Member, National Tiger Conservation Authority, MoEFCC, GoI; Non-Official Member as an Economist to the Monitoring Committee of Compensatory Afforestation and Planning Agency (CAMPA), MoEFCC, GOI; Chairperson-Technical Committee on the Wetlands of Delhi. Delhi Government.

She has been an expert/team member/contributing author/ lead author in several international reports like the UN’s Millennium Ecosystem Assessment Report; The Economics of Ecosystem and Biodiversity (TEEB) Reports on Valuation and for Policy Makers; Manual for Economic Valuation of Tiger & Snow Leopard landscapes and the Global Biodiversity Assessment Report of the Inter-Governmental Science Policy Platform on Biodiversity and Ecosystem Services (IPBES) (2013-2021).

As a policy and action research leader, she has been instrumental in the implementation of numerous projects for international organisations, Indian ministries, state departments and various national Forestry and Finance Commissions of the Government of India. She has published more than 50 papers in national and international journals, several books and 50+ project reports. Her noteworthy projects include NPV estimation for forest diversion, valuation of various tiger & snow leopard habitats, forest valuation and accounting for the states of Himachal Pradesh, Uttarakhand Rajasthan, Madhya Pradesh, Jharkhand; valuation of various wetlands and forestry sector devolution formula for 13 th 14 th and 15 th Finance Commissions, of GoI and A.approaches for Doubling Farmers Income in India – Agroecological System based Considerations.

Earlier she was Chief Economist at WRI India (2019-23); Professor IIFM, Bhopal (1994- 2019) Faculty at Bhopal University and Economist with Government of MP (1984-1994).

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