New Delhi: The second meeting of the Inter-governmental Committee for Nagoya Protocol on Access and Benefit Sharing (ICNP-2) is being held here from July 2.
The Nagoya Protocol on Access and Benefit Sharing (ABS) is a new international treaty adopted under the auspices of the Convention on Biological Diversity (CBD) in Nagoya, Japan on October 29, 2010, after six years of intense negotiations.
The protocol aims at sharing the benefits arising from the utilisation of genetic resources in a fair and equitable way, including by appropriate access to genetic resources and by appropriate transfer of relevant technologies, taking into account all rights over those resources and to technologies.
Environment Minister Jayanthi Natarajan will inaugurate the four-day meeting.
Nearly 600 delegates from countries across the world representing governments, academia, UN bodies, civil society organisations, and indigenous and local communities will attend the meeting.
The ICNP-2 will discuss issues like capacity building of developing countries for implementation of the Protocol, awareness raising, modalities of access and benefit sharing clearing house, procedures and mechanism to promote compliance with the protocol and global multilateral benefit sharing mechanism.
The ICNP`s first meeting was held in June last year, in which India was elected as one of the two Bureau members to represent Asia Pacific region. This is helping India to steer the discussions under ICNP.
The Nagoya Protocol has been signed by 92 countries, and as on date ratified by five countries. India signed the Protocol on May last year, and is in the process of completing inter-ministerial consultations necessary for ratifying the Protocol.