|Which of the following provisions are required to be implemented after India's ratification of Nagoya Protocol on access and benefit sharing?|
|1. Access to genetic resources subject to national legislation.|
|2. Fixing up of liability and redressal on damage resulting from the use of living modified organisms.|
|3. Sharing of profits emerging from both the use of genetic resources and its derivative products with the local population.|
|Which of the statements) given above is/are correct?|
A) Only 1
B) 1 and 3
C) 2 and 3
D) All of these
Correct Answer: B
Solution :[b] Access Obligations Domestic-level access measures are to create legal certainty, clarity and transparency. provide fair and non-arbitrary rules and procedures. establish clear rules and procedures for prior informed consent and mutually agreed terms. provide for issuance of a permit or equivalent, when access is granted. create conditions to promote and encourage research contributing to biodiversity conservation and sustainable use. pay due regard to cases of present or imminent emergencies that threaten human, animal or plant health. consider the importance of genetic resources for food and agriculture for food security. Benefit-Sharing Obligations Domestic-level benefit-sharing measures are to provide for the fair and equitable sharing of benefits arising from the utilisation of genetic resources with the contracting party providing genetic resources. Utilisation includes research and development on the genetic or biochemical composition of genetic resources, as well as - subsequent applications and commercialisation. Sharing is subject to mutually agreed terms. Benefits-may be monetary or non-monetary such as royalties and the sharing of research results. Compliance Obligations Specific obligations to support compliance with the domestic legislation or regulatory requirements of the contracting party, providing genetic resources and contractual obligations reflected in mutually agreed terms are a significant innovation of the Nagoya Protocol. Implementation The Nagoya Protocol's success will require effective implementation at the domestic level. A range of tools and mechanisms provided by the Nagoya Protocol will assist contracting parties establishing National Focal Points (NFPs) and Competent National Authorities (CNAs) to serve as contact points for information, grant access or cooperate on issues of compliance. An access and benefit-sharing clearing-house to share information, such as domestic regulatory, ABS requirements or information on NFPs and CNAs. Capacity-building Based on a country's self-assessment of national needs and priorities, this can include capacity building to develop domestic ABS legislation to implement the Nagoya Protocol. negotiate MAT. develop in country research capability and institutions. awareness-raising. technology transfer. Targeted financial support for capacity-building and development initiatives through the Nagoya Protocol's financial mechanism, the Global, Environment Facility (GEF).
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