Overview
- The release totals ₹39.84 crore, with ₹38.36 crore to the Andhra Pradesh Forest Department and ₹1.48 crore to the State Biodiversity Board.
- India’s Access and Benefit Sharing disbursements have now crossed ₹110 crore, according to the NBA.
- The benefit-sharing pool includes ₹87.68 crore generated from regulated access to auctioned or seized Red Sanders wood by the state forest department.
- The NBA says the funds will support frontline protection, scientific management of Red Sanders forests, livelihood opportunities through Biodiversity Management Committees, and long-term monitoring.
- The authority also approved a ₹2 crore plan to raise 100,000 Red Sanders saplings, with the remaining ₹1.48 crore released, and the saplings set to be supplied to farmers under the Trees Outside Forests programme.