Minister Madigan introduces new legislation to implement EU ABS Regulation and begin process to ratify the Nagoya Protocol
Minister Madigan today introduced new regulations (Statutory Instrument 253/2019) to implement the EU ABS Regulation on access and benefit sharing of genetic resources. These new regulations put in place a legislative and policy framework that allows Ireland to proceed towards ratification of the Nagoya Protocol to the UN Convention on Biological Diversity (CBD).
The Access and Benefit Sharing (or ABS for short) framework is codified by the Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilization. The Protocol establishes a legally-binding framework determining how researchers and companies across sectors can obtain access to the genetic resources of a country. It also sets out how the benefits arising from the use of these genetic resources will be shared. It is envisaged that developing countries will be the principal beneficiaries of this process. Ireland is currently a signatory to the Protocol.
Minister Madigan noted that “The CBD is the overarching global framework for biodiversity and Ireland is proud to participate in its forums, meetings and Conferences on a regular basis. This crucial UN Convention provides a framework in which Ireland, in cooperation with our EU partners, can add its voice to the urgent and growing calls for action on halting biodiversity loss around the world. The Nagoya Protocol on genetic resources is an important aspect of this, putting the concept of equitable benefit-sharing on a clear legal footing and helping to regulate the use of genetic material through institutionalised and regulated reporting and monitoring by all Parties”.