Access and Benefit Sharing Agreement

From Infogalactic: the planetary knowledge core
Jump to: navigation, search

Lua error in package.lua at line 80: module 'strict' not found.

An Access and Benefit Sharing Agreement (ABSA) is an agreement that defines the fair and equitable sharing of benefits arising from the use of genetic resources. ABSAs typically arise in relation to bioprospecting where indigenous knowledge is used to focus screening efforts for commercially valuable genetic and biochemical resources. ABSAs recognise that bioprospecting frequently relies on indigenous or traditional knowledge, and that people or communities who hold such knowledge are entitled to a share of benefits arising from its commercial utilization.

History and development

The concept of ABSAs stems from the Convention on Biological Diversity which, among other objectives, seeks to ensure the fair and equitable sharing of benefits arising from genetic resources.[1]

The Nagoya Protocol, a supplementary agreement to the Convention on Biological Diversity, provides a legal framework for implementing that objective. Article 5 of the Nagoya Protocol requires that benefits arising from the utilization of genetic resources, as well as from subsequent applications and commercialization, to be shared in a fair and equitable way with the party providing such resources. Article 5 states that such sharing shall be upon mutually agreed terms.[2] An ABSA can be used to specify the terms on which the benefits will be shared in a particular case.

References

  1. Kabir Bavikatte & Daniel F. Robinson. Towards a People's History of the Law: Biocultural Jurisprudence and the Nagoya Protocol on Access and Benefit Sharing. 7/1 Law, Environment and Development Journal (2011), p 35, available at: http://www.lead-journal.org/content/11035.pdf.
  2. Article 5. The Nagoya Protocol. Accessed from: http://www.cbd.int/abs/text/default.shtml.