Benefits of genetic resources

From the procedural report of the BBNJ Preparatory Committee, 31/07/17 :

iii) Benefits

The text would set out the types of benefits that could be shared.

From the President's aid to discussions, 25/06/18:

(a) Would the instrument contain a list of benefits and/or would it specify types of benefits?

(b) Would the instrument provide for a list to be developed subsequently?

(c) Would there be a review of any such list and/or of the types of benefits?

Suggestion 1: Indicative list in an Annex

A detailed annex with a list of indicative monetary and non-monetary benefits is included in the agreement.

References: Nagoya Protocol: Annex Monetary and Non-Monetary Benefits

Suggestion 2: COP decisions.

A provision in the agreement indicates that COP decision should further define/elaborate the possible monetary and non-monetary benefits to be shared.

References: CBD Art 15 (general obligations for ABS), Bonn Guidelines, Nagoya Protocol

Also see

• Objectives of benefit sharing
• Principles and approaches guiding benefit-sharing
• Benefit-sharing modalities
• Scope - Marine Genetic Resources, including benefit sharing
• Access and Benefit Sharing of Marine Genetic Resources
  • Access to marine genetic resources
  • Sharing of benefits
  • Intellectual property rights
• Monitoring of the utilization of marine genetic resources of areas beyond national jurisdiction
• Clearing-house mechanism for Marine Genetic Resources
• Capacity building and transfer of marine technology for Marine Genetic Resources