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Title: Bioprospecting: Promoting and Regulating Access to Genetic Resources and Benefit Sharing
Authors: Afreen, Shamama
Abraham, Biju Paul
Keywords: Bioprospecting
Issue Date: 1-Dec-2008
Series/Report no.: WORKING PAPER SERIES;WPS No. 631/ December 2008
Abstract: Advances in biotechnology and associated areas have increased the value of biodiversity and related knowledge of indigenous communities, and lent impetus to global bioprospecting activities. The Convention on Biological Diversity created a framework for regulation of such activities and replaced the existing regime of free access to bioresources with a framework where indigenous communities would be compensated for use of their knowledge, innovation, and practices. Member nations have put in place or are in the process of establishing national and regional measures to operationalise the principles of the Convention, regulating bioprospecting so as to ensure that access to their genetic resources and subsequent benefit sharing are on mutually agreed terms based on prior informed consent of resource providers. This paper looks at bioprospecting in general, discusses how such activities can be encouraged and takes up various legislative, private legal and non-legislative measures that can be adopted to set up a regulatory regime.
Appears in Collections:2008

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