Access Benefit Sharing News Today

This was evident in the recent meeting held by Bengaluru’s Biodiversity Management Committee (BMC) with these companies. While BMC had summoned 14 businesses under the ABS scheme, 13 of them decided to give it a miss. The lone stakeholder who turned up for the meeting had limited knowledge of the rules.

According to data gathered by the Karnataka Biodiversity Board (KBB), only four companies from Bengaluru have come forward to sign the bio-resource access agreement with KBB so far in this financial year (2023-24). ​