Environmental Policies And Agreements Questions Medium
The main objectives of the Nagoya Protocol are as follows:
1. Access to Genetic Resources: The protocol aims to ensure the fair and equitable sharing of benefits arising from the utilization of genetic resources. It emphasizes the importance of obtaining prior informed consent from the countries providing these resources and establishing mutually agreed terms for their use.
2. Benefit Sharing: The protocol seeks to promote the fair and equitable sharing of benefits derived from the utilization of genetic resources, with a particular focus on the conservation and sustainable use of biodiversity. It aims to ensure that the benefits are shared in a way that supports the conservation and sustainable use of biodiversity, as well as the livelihoods of indigenous and local communities.
3. Access and Benefit Sharing Clearing-House: The protocol establishes a global mechanism called the Access and Benefit Sharing Clearing-House (ABSCH) to facilitate the exchange of information on access to genetic resources and the sharing of benefits. The ABSCH serves as a central repository for information on national measures, permits, and relevant contact points, enhancing transparency and facilitating compliance with the protocol.
4. Compliance Measures: The protocol includes provisions for compliance with its provisions, including monitoring, reporting, and enforcement mechanisms. It encourages parties to take measures to ensure compliance with the protocol's requirements and provides for the resolution of disputes through negotiation, mediation, or arbitration.
5. Capacity Building and Technology Transfer: The protocol recognizes the importance of capacity building and technology transfer to support the effective implementation of its provisions. It encourages parties to provide financial resources, technical assistance, and technology transfer to developing countries to enhance their capacity to implement the protocol.
Overall, the Nagoya Protocol aims to create a transparent and predictable legal framework for access to genetic resources and the fair and equitable sharing of benefits derived from their utilization. It seeks to promote the conservation and sustainable use of biodiversity while respecting the rights of indigenous and local communities.