Question

Nagoya Protocol is related to which of the following subjects?

1. Biosafety to the Convention on Biological Diversity
2. Access to Genetic Resources and the Fair and Equitable Sharing of benefits
3. Reduce greenhouse gas emissions
4. Reduce the usage of Ozone-depleting substances

Answer 1

Correct Answer - Option 2 : Access to Genetic Resources and the Fair and Equitable Sharing of benefits

The correct answer is Access to Genetic Resources and the Fair and Equitable Sharing of benefits.

• The Nagoya Protocol is related to Access to Genetic Resources and the Fair and Equitable Sharing of Benefits
  • Arising from their Utilization to the Convention on Biological Diversity, also known as the Nagoya Protocol on Access and Benefit Sharing (ABS).

• It is a 2010 supplementary agreement to the 1992 Convention on Biological Diversity (CBD).
• Its aim is the implementation of one of the three objectives of the CBD: the fair and equitable sharing of benefits arising out of the utilization of genetic resources, thereby contributing to the conservation and sustainable use of biodiversity.
• It sets out obligations for its contracting parties to take measures in relation to access to genetic resources, benefit-sharing and compliance.