Under the UNEP-GEF-MoEFCC-ABS Project, the TSBDB nominated the Indian Institute of Oilseeds Research (IIOR)-ICAR for UNDP Biodiversity Awards during January, 2016 and after three rounds and field visits by the Jury members, the IIOR got selected for UNDP Biodiversity Award, 2016 under Successful Mechanisms/ Models for Access and Benefit Sharing category.

The IIOR received cash prize and Rs. 50,000/- and award on the occasion of International Day for Biological Diversity 22 May 2016 at Mumbai organized by the MoEFCC, Government of India, through the National Biodiversity Authority with support from the Maharashtra State Biodiversity Board, in partnership with United Nations Development Programme and others.