India is a party to the United Nations Convention on Biological Diversity (CBD) signed at Rio de Janeiro on the 5th day of June, 1992 which came in force on the 29th December, 1993. The said Convention has the main objective of conservation of biological diversity, sustainable use of its components and fair and equitable sharing of the benefits arising out of utilization of genetic resources. It is considered necessary to provide for conservation, sustainable utilization and equitable sharing of the benefits arising out of utilization of genetic resources and also to give effect to the said Convention. The Biological Diversity Act, 2002 is the Act enacted by the Parliament of India to meet the obligations under the Convention on Biological Diversity (CBD). The Biological Diversity Act, 2002 is an Act to provide for conservation of biological diversity, sustainable use of its components and fair and equitable sharing of the benefits arising out of the use of biological resources, knowledge and for matters connected therewith or incidental thereto.

• Section:    Biological Diversity Act, 2002

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