Ahmed Djoghlaf, Executive Secretary of the Convention on Biological Diversity, said: “The signing of the Nagoya Protocol by Argentina is further testimony to the growing global commitment and support for efforts to secure a more sustainable future for generations to come. I call on all countries who have not yet done so to sign the Protocol as soon as soon as possible.”
The entry into force of the Nagoya Protocol will provide greater legal certainty and transparency for both providers and users of genetic resources, creating a framework that promotes the use of genetic resources and associated traditional knowledge while strengthening the opportunities for fair and equitable sharing of benefits from their use. Hence, the Protocol will create new incentives to conserve biodiversity, sustainably use its components, and further enhance the contribution of biodiversity to sustainable development and human well-being.
The Global Environment Facility (GEF) has provided financial support for the early entry into force and effective implementation of the Nagoya Protocol. The Nagoya Protocol Implementation Fund was established by GEF with an initial financial contribution of $12.5 million from Japan. In addition, a medium-sized project of $1 million is providing support to the ratification and early entry into force of the Protocol through a series of awareness-raising and capacity-building activities. The project is being executed by the Convention Secretariat and is now fully operational.
The list of signatories of the Nagoya Protocol is available on the Convention’s website at: www.cbd.int/abs/nagoya-protocol/signatories/
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