Implementation of the Nagoya Protocol and its Impact over certain aspects of BioTrade

PhytoTrade Africa has started a cooperation with UNCTAD on their BioTrade Fund Project III.

The Nagoya Protocol entered into force on 12 October 2014 and has so far been ratified by 68 States, including India, Mexico Norway, Peru, South Africa, Switzerland and Vietnam, and the EU.

The Protocol applies to research and development activities over genetic resources and natural biochemicals, which are key inputs to industries in the food, pharmaceutical, personal care and botanical industries. It will thus have significant implications over how BioTrade businesses and projects operate, as well as on the international trade of biodiversity-based products.

The implementation of the Protocol is placing considerable pressure on providing countries to adjust, develop and implement effective and efficient ABS frameworks. At the same time, increased interest in BioTrade and the often-overlapping boundaries with ABS regimes require guidance as to how BioTrade and ABS positively interact and generate complementarity between them.
Peer reviewers discussed potential recommendations on how to meet the challenges ahead. This will be the basis for the development of a policy guide for countries and practitioners on how to develop ABS frameworks supportive of BioTrade.