Current Affairs - Environment - Discussion

The Biological Diversity Act was enacted in 2002 to conserve India’s rich biodiversity, promote sustainable use of its components, and ensure fair and equitable sharing of benefits arising from the use of biological resources. The Act provides a legal framework for protecting biological diversity and associated knowledge. It led to the establishment of institutions like the National Biodiversity Authority, which plays a key role in regulating access to biological resources and advising the government. The Act also mandates proper documentation and preservation of newly discovered species through designated repositories.