• The CBD, a legally binding treaty to conserve biodiversity, came into force in 1993 with objectives like
    • The conservation of biological diversity.
    • The sustainable use of the components of biological diversity.
    • The fair and equitable sharing of the benefits arising out of the utilization of genetic resources.
  • The CBD Secretariat is based in Montreal, Canada, and it operates under the United Nations Environment Programme.
  • The Parties (Countries) under the Convention of Biodiversity (CBD) meet at regular intervals, and these meetings are called the Conference of the Parties (COP).
  • Supplementary Agreements are
    • Cartagena Protocol on Biosafety (2000): To protect biological diversity from the potential risks posed by living modified organisms resulting from modern biotechnology. It is the outcome of COP -5.
    • Nagoya Protocol (2010): On Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilization (ABS) was adopted in Nagoya, Japan, at COP10.
  • India enacted the Biological Diversity Act, 2002, to give effect to the provisions of the CBD.

 

Source: PIB

 

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