From the report of the BBNJ Preparatory Committee, 31/07/17 :
The text would set out that the objectives of benefit-sharing are:
- contributing to the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction; and
- building capacity of developing countries to access and use marine genetic resources of areas beyond national jurisdiction.
It could further set out additional objectives, if agreed.
ii) Principles and approaches guiding benefit-sharing
The text would set out the principles and approaches guiding benefit- sharing, such as:
- being beneficial to current and future generations; and
- promoting marine scientific research and research and
The text would set out the types of benefits that could be shared.
iv) Benefit-sharing modalities
The text would set out modalities for the sharing of benefits, taking into account existing instruments and frameworks, for example it could make provision for a clearing-house mechanism with regard to the sharing of benefits.