Did the National Biodiversity Authority Share Rs 17 Lakh with BMC?
Synopsis
Key Takeaways
New Delhi, Jan 29 (NationPress) The National Biodiversity Authority (NBA), part of the Ministry of Environment, Forests and Climate Change, has allocated Rs 17 lakh to the Biodiversity Management Committee (BMC) of the Brihanmumbai Municipal Corporation (BMC), as reported by an official on Thursday.
This financial support arises from the effective commercial use of soil micro-organisms from the Bacillus genus, according to a statement from the Environment Ministry.
The application of these micro-organisms has led to the creation of valuable probiotic products, showcasing a successful integration of biodiversity conservation and modern biotechnology, the statement explained.
The benefit-sharing scheme guarantees that a fraction of the revenues generated from biological resources is reinvested into local communities, thereby fostering community development initiatives, it noted.
The NBA has observed an increasing trend in the biotechnology sector, where microorganisms are becoming essential for industrial innovation. The sector has contributed around Rs 10 crore to the accumulated ABS fund, underscoring the vital role of microbial resources in healthcare, agriculture, and industrial sectors.
Maharashtra ranks as the second-largest recipient of ABS releases, following Andhra Pradesh, as indicated by the Ministry.
The state has received the highest share of ABS disbursements, not including those related to Red Sanders wood access. With this latest release, Maharashtra's total ABS support has approached Rs 8 crore, benefiting over 200 Biodiversity Management Committees and seven institutions.
Nationally, cumulative ABS disbursements have surpassed a significant benchmark of Rs 144.37 crore (approximately $16 million).
This accomplishment reflects the successful execution of the Biological Diversity Act, 2002, and aligns with India’s commitments under the Kunming-Montreal Global Biodiversity Framework, especially Targets 13 and 19.
The results also correspond with India's National Biodiversity Targets 13 and 19, focusing on sustainable biological resource use, equitable benefit sharing with local communities, enhancing the empowerment of Biodiversity Management Committees, and improving livelihood security.
The ABS framework further aids the Sustainable Development Goals. Collectively, these outcomes bolster India’s leadership in the global implementation of the Convention on Biological Diversity and its Nagoya Protocol, while advocating for a comprehensive approach to biodiversity conservation and inclusive development.