The Biological Diversity Act, 2002 (BDA) is a pivotal legislation enacted by the Government of India to conserve and sustainably manage the country's rich biological diversity. Aimed at implementing the provisions of the Convention on Biological Diversity (CBD), the BDA seeks to regulate access to biological resources, ensure equitable sharing of benefits arising from their utilisation, and promote conservation and sustainable use of biodiversity.
Businesses operating in sectors utilising biological resources must adhere to the provisions of the BDA to ensure compliance with regulatory requirements, foster biodiversity conservation efforts, and contribute to the sustainable development goals of India. By integrating biodiversity considerations into their operations and engaging with stakeholders, businesses can play a pivotal role in preserving India's rich biological heritage for future generations.
