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New approach of conservation is the establishment of:
A. Sanctuaries
B. Reserve forests
C. National parks
D. Biosphere reserves

Answer
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Hint:
In order to gather resources for sustainable development, biodiversity must be protected and managed.
Three key goals of biodiversity protection are as follows:

To maintain the variety of species.
Sustainable use of ecosystems and species
To protect vital ecological processes and systems that support life.

Complete step by step solution:
The term "biodiversity" describes the diversity of life on earth.

The preservation of species in their natural habitat is referred to as in-situ conservation of biodiversity. With this approach, the natural ecology is preserved and safeguarded.
Ex-situ biodiversity conservation entails the growing and upkeep of endangered species in synthetic habitats such zoos, nurseries, botanical gardens, gene banks, etc. The organisms compete less fiercely for resources like food, water, and space.

Government-designated biosphere reserves are places where the flora and fauna are given extra protection against influence from humans. The study of ecosystems and the relationships between various organisms coexisting in an ecosystem are both aided by biosphere reserves.

  Therefore option D is the correct answer, Biosphere reserves

The first biosphere reserve was created in 1986 and is located in Kerala, Karnataka, and Tamil Nadu. The new notion of preserving the interaction between people (tribes) and woods is the foundation of biosphere reserves.

Note:
Through the three primary zones of the Biosphere Reserves, these three objectives are followed.
The Basics- It consists of a strictly protected area.
Boundary Zones- It is used for activities that are compatible with solid ecological practices and can support scientific study, monitoring, training, and education.
Transitional Zone- Communities in the transition zone support economically viable, environmentally sound human activity.