Biological Diversity Act 2002 Upsc. The biological diversity act 2002 was enacted for giving effect to the provisions of the convention. 18 of2003 5th february 2003 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.
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Objective of this act is to regulate the access to genetic resources and protection of biodiversity. The success of our initiatives can be assess. This act provides for establishment of statutory bodies such as national biodiversity authority state biodiversity boards national and state biodiversity funds biodiversity management committee etc.
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The act was enacted to meet the requirements stipulated by the united nations convention on biological diversity cbd to which india is a party. The nba is a statutory body. The biological diversity act 2002 was enacted for giving effect to the provisions of the convention. The biological diversity act 2002.
