Why is an approval of NBA ( National Biodiversity authority) required for any foreign organization before it obtains and biological resources and knowledge associated from your company
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What is Convention on Biological Diversity
The Convention on Biological Diversity (CBD) is a legally binding multilateral environmental agreement that has 194 contracting Parties (Countries) as its members with three objectives – conservation of biological diversity, sustainable use of the diversity and ensuring fair and equitable sharing of benefits of such use. It has entered into force on 29th December 1993.
The Convention on Biological Diversity (CBD) is a legally binding multilateral environmental agreement that has 194 contracting Parties (Countries) as its members with three objectives – conservation of biological diversity, sustainable use of the diversity and ensuring fair and equitable sharing of benefits of such use. It has entered into force on 29th December 1993.
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Hey friend,
NBA (National Biodiversity Authority) is an authority institute of the country that is responsible for the conservation of natural assets related to biodiversity. It is their duty to monitor any activity that have an affect on the nature and atmosphere and take action against any illegal activity or anything could have damaging results.
Therefore it is very important for any other country to take proer permission form NBA before acquiring any biological resources due to the data update and biological safety.
I hope the answer is helpful.
Thanks for asking
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