Access and Benefit Sharing (ABS) refers to the framework for sharing benefits arising from the utilisation of genetic resources. It ensures that communities and countries providing these resources receive fair compensation. This concept is crucial in protecting biodiversity and promoting sustainable development. ABS is vital in Indian law and policy, particularly regarding traditional knowledge and biological diversity. It fosters equity and justice in resource management.
The National Biodiversity Authority (NBA) approved revised guidelines under the Biological Diversity Act (BDA), 2002, on March 23, 2026, in Chennai. These updates include new regulations and amendments...
