Biotech Updates

Nagoya Protocol Receives 65 Signatures

October 28, 2011

Djibouti, a developing country in the northeast Africa, has became the latest and 65th country to sign the Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from Their Utilization to the Convention on Biological Diversity (CBD). The Protocol will be implemented 90 days after deposit of the fiftieth instrument of ratification.

"Djibouti's signature of the Nagoya Protocol is another clear sign of the growing international commitment to this unique legal instrument. I urge all signatories to expedite the ratification process so as to allow the Nagoya Protocol to enter into force in 2012, as a contribution to the United Nations Decade on Biodiversity, the Rio+20 meeting and the eleventh meeting of the Conference of the Parties to the Convention on Biological Diversity, which will coincide with the twentieth anniversary of the adoption of the Convention," said Ahmed Djoghlaf, Executive Secretary of the CBD.

The Protocol is expected to develop new incentives to conserve biodiversity, sustainably use its components, and further enhance the contribution of biodiversity to sustainable development and human well-being.

Read the press release at http://www.cbd.int/doc/press/2011/pr-2011-10-21-abs-en.pdf.