Funding, sourced from ABS mechanism, aims to raise one lakh red sanders saplings for distribution to farmers in Andhra Pradesh.
About ABS mechanism in India:
- Genesis: concept of ABS arises from the Convention on Biological Diversity (CBD), 1992 and its Nagoya Protocol on Access and Benefit Sharing, 2010.
- Definition: It regulates access to biological resources, while ensuring fair and equitable sharing of benefits with users and providers (e.g. local communities) of resources.
- Legal Framework: India enacted the Biological Diversity (BD) Act, 2002 in line with its commitment to CBD to conserve biological diversity, and ensure its sustainable use.
- Implementation:
- India implements ABS through a three-tier system:
- National Biodiversity Authority (Headquartered in Chennai) at the central level,
- State Biodiversity Boards (SBBs) at the state level,
- And Biodiversity Management Committees (BMCs) at the local level.
- These statutory bodies manage access, benefit sharing, and distribution under BD Act.
- India implements ABS through a three-tier system:
- Example:
- Kani Tribe (Kerala): Traditional knowledge about a medicinal plant (Arogyapacha) was used to develop a drug ‘Jeevani’.
- Benefit-sharing agreement ensured royalty distribution to the Kani tribe.
About Red Sanders (or Red Sandalwood)
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