Historic UN biodiversity pact on genetic resources and associated traditional knowledge comes into effect

Historic UN biodiversity pact on genetic resources and associated traditional knowledge comes into effect today
Implementation of the Nagoya Protocol represents a milestone on the global sustainable development agenda

Montreal/Pyeongchang 12 October 2014. The Nagoya Protocol on Access to Genetic Resources and the Fair Equitable Sharing of Benefits Arising from their Utilization of the Convention on Biodiversity (CBD) enters into force today, “providing the world with a mechanism to ensure that access to and the sharing of the benefits from the use of genetic resources, and associated traditional knowledge, happen in a context of transparency and with equity.”

The fair and equitable sharing of benefits from genetic resources is one of the three main objectives of the CBD, with the other two being the conservation of biological diversity and the sustainable use of its components.

The Nagoya Protocol on Access and Benefit-sharing provides a legal framework to ensure that the access and utilization of genetic resources coming from plants, animals, bacteria or other organisms for commercial, research or other purposes, be created on the basis of access and benefit-sharing agreements between providers and users which entail prior informed consent and mutually agreed terms.

Benefits received in exchange for access to genetic resources can be monetary or non-monetary, including, for instance, technology transfer, joint research or capacity-building activities. Allowing Parties to fully benefit from their genetic resources generates new opportunities and incentives for conserve and sustainably use biodiversity

The Protocol also addresses issues related to access to and benefit-sharing from the use of traditional knowledge associated with genetic resources held by indigenous and local communities. In this regard, Parties are to take measures to ensure prior informed consent and fair and equitable benefit-sharing with these communities, keeping in mind community laws and procedures as well as customary use and exchange.

“The Nagoya Protocol is central to biodiversity for sustainable development. Its entry into force will create incentives for preserving genetic diversity, biodiversity in general, and associated traditional knowledge. It will provide the conditions for continuous research and development on genetic resources. But most importantly, the Protocol will give us the opportunity to develop an economy that is more sustainable and where the value of natural resources will be truly acknowledged” said Braulio Ferreira de Souza Dias, Executive Secretary of the Convention on Biological Diversity…

“The Protocol will create greater equity and transparency for both providers and users of genetic resources which will enhance the contribution of biodiversity to development, poverty eradication and human well-being,” said Achim Steiner, UN Under-Secretary-General and Executive Director of the UN Environment Programme.