16 May 2025 at 05:30 am IST
India has notified the Access and Benefit Sharing (ABS) Regulation, 2025, updating rules under the Biological Diversity Act to ensure fair distribution of benefits from the use of biological resources, including digital sequence information. The regulation mandates prior approval, clear benefit-sharing terms, and stricter compliance—posing financial, legal, and operational implications for businesses. While raising compliance costs, it also offers strategic ESG opportunities for proactive companies.
