The Earth Summit was held at Rio de Janeiro (Brazil) in which representatives of more than 170 countries were present. The summit promoted Convention on Biological Diversity (CBD). India became signatory to this convention in May 1994.
The major objectives were:
i. Finding and supporting various methods to conserve biological diversity.
ii. Use of biodiversity only up to sustainable limit.
iii. The benefits derived from use of genetic resources should be fairly and equitably shared.
A second world summit on biological diversity was held in 2002 in Johannesburg, South Africa. In the Summit, 190 countries pledged to reduce the current rate of biodiversity loss at global, regional and local levels by 2010.