The Biological Diversity Act of 2002 was passed in India to comply with the Convention on Biological Diversity and promote conservation of biodiversity as well as sharing benefits from genetic resources. The Act aims to conserve biological diversity, ensure sustainable use of resources, and facilitate fair benefit-sharing. It regulates access to biological resources, protects local community knowledge, and involves state governments in implementation. Biological diversity refers to variability among living organisms, including diversity within and between species and ecosystems. Intellectual property rights play an ambiguous role, as they can both encourage commercial farming that threatens biodiversity, but can also promote its conservation through technologies that ensure its protection and sustainable use.