Current Affairs - International - Discussion

Nagoya Protocol is an international agreement adopted under the Convention on Biological Diversity in 2010, focusing on Access and Benefit Sharing (ABS). It ensures that benefits arising from the use of genetic resources and traditional knowledge are shared fairly with the providing countries and communities. India submitted its first national report on this protocol, highlighting progress in biodiversity governance, legal frameworks, and community participation between 2017 and 2025. The implementation has also generated financial benefits for local communities, farmers, and stakeholders, supporting conservation efforts and sustainable use of biological resources.