Nagoya Protocol on Biodiversity gets required ratifications;
India keen on ensuring swift enforcement.
The Nagoya Protocol, which will create incentives to conserve biodiversity, has received the required 50th instrument of ratification this week and will come into force on October 12, 2014, i.e. 90 days after completion of ratification formalities.
Union Minister for Environment, Forest & Climate Change, Mr. Prakash Javadekar has said the ratification of the Nagoya Protocol is a major step towards achieving the first of the global Aichi Biodiversity Targets. “The pivotal role played by India in achieving this remarkable feat once again showcases India’s leadership in biodiversity in the global arena,” he said.
India, having hosted the Convention on Biodiversity in Hyderabad in October 2012, is currently the President of the Conference of the Parties to the Convention on Biological Diversity. Mr. Javadekar said facilitating early entry into force of this landmark international treaty has been a priority of India as CoP president.
Till May 2014, the Nagoya Treaty was ratified by 44 countries. The Environment Minister took up the issue during the UN Environment Assembly in Nairobi last month and held a number of meetings with his counterparts to persuade them to sign the treaty. “India has made significant efforts in the last 21 months through political and diplomatic channels”, Mr Javadekar added.
About Nagoya Protocol
The Nagoya Protocol is an international agreement, which aims at sharing the benefits arising from the utilisation of genetic resources in a fair and equitable way. The Nagoya Protocol also creates incentives to conserve and sustainably use genetic resources, and thereby enhances the contribution of biodiversity to development and human well-being. It was adopted by the Conference of the Parties to the Convention on Biological Diversity at its 10th meeting in 2010 in Nagoya, Japan.
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