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Consider the following statements:

1. In Biodiversity the India, Management Committees are key to the realization of the objectives of the Nagoya Protocol.
2. The Biodiversity Management Committees have important functions in determining access and benefit sharing, including the power to levy collection fees on the access of biological resourcesWithin its jurisdiction.

Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2



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Statement 1: In India, Biodiversity Management Committees play a crucial role in implementing the objectives of the Nagoya Protocol. These committees are responsible for promoting conservation and sustainable use of biodiversity at the local level.

Statement 2: Biodiversity Management Committees have the authority to regulate access to biological resources within their jurisdiction and determine benefit-sharing arrangements. They can levy collection fees on the access of biological resources, ensuring fair and equitable sharing of benefits derived from their utilization.


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