Nagoya Protocol: Implications for Academia and Industry - Who is Affected?
The Nagoya Protocol is a supplementary agreement to the Convention on Biological Diversity and provides a transparent legal framework for the effective implementation of fair and equitable sharing of benefits arising from the utilization of genetic resources (GRs). The Nagoya Protocol sets out core obligations for its contracting parties to take measures related to access to GRs, benefit-sharing, and compliance. Currently under discussion is a decision adopted on the modalities of a voluntary multilateral benefit-sharing mechanism for the utilization of digital sequence information (DSI) on GRs at the last conference of the parties to the Convention on Biological Diversity (COP16). This VAAM Industry Academia Panel (IAP) will provide more insights into this important topic by clarifying fundamental terms and principles and discussing its impact from the perspectives of industry and academia.