Wildlife & Environment
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National Biodiversity Authority Marks 23rd Foundation Day
National Biodiversity Authority (NBA) celebrated its 23rd Foundation Day, highlighting over ₹278 crore released via Access and Benefit Sharing (ABS).
Why in the News?
The National Biodiversity Authority (NBA) celebrated its 23rd Foundation Day on October 1, 2026, marking significant progress in translating Access and Benefit Sharing (ABS) into tangible outcomes for biodiversity conservation and local communities.
Key Features / Major Points:
Access and Benefit Sharing (ABS) Milestone: The NBA has released over ₹278 crore through the ABS mechanism.
Financial Distribution: More than ₹200 crore has been disbursed towards biodiversity conservation, directly benefiting local communities, farmers, institutions, and benefit claimants nationwide.
Conservation & Equitable Sharing: Demonstrates the strength of India's ABS framework in connecting the sustainable use of biological resources with equitable economic benefits for local stewards.
Static GK Facts:
Establishment of National Biodiversity Authority (NBA): 2003 (under the Biological Diversity Act, 2002).
Headquarters of NBA: Chennai, Tamil Nadu.
Union Minister of Environment, Forest and Climate Change: Bhupender Yadav.
One-Liner Quiz (All Competitive Exams):
Q: Which edition of its Foundation Day did the National Biodiversity Authority (NBA) observe on October 1, 2026?
A: 23rd Foundation Day
Q: Where is the headquarters of the National Biodiversity Authority (NBA) located?
A: Chennai, Tamil Nadu
Q: How much money has been released by the NBA through Access and Benefit Sharing (ABS)?
A: Over ₹278 crore
#NBA #NationalBiodiversityAuthority #Biodiversity #EnvironmentMinistry #CurrentAffairs #StaticGK
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