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Nagoya Protocol, signed by India on 30th October, 2010 is:
- a)an international treaty of bilateral investment between India and Japan
- b)an international treaty to ensure that local produce are exploited only under license and for the common good of the mankind
- c)an international treaty to ensure that the benefits of natural resources and their commercial derivatives are shared with local communities
- d)None of the above.
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Nagoya Protocol, signed by India on 30th October, 2010 is:a)an interna...
The Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilization to the Convention on Biological Diversity. The protocol was adopted on 29 October 2010 in Nagoya, Japan and entered into force on 12 October 2014. It has been ratified by 92 parties, which includes 91 Un member states and the European Union. It is the Second Protocol to the CBD; the first is the 2000 Cartagena Protocol on Biosafety.
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Nagoya Protocol, signed by India on 30th October, 2010 is:a)an interna...
The correct answer is option 'C'. The Nagoya Protocol, signed by India on 30th October, 2010, is an international treaty to ensure that the benefits of natural resources and their commercial derivatives are shared with local communities.
Explanation:
The Nagoya Protocol is a supplementary agreement to the Convention on Biological Diversity (CBD). It was adopted on 29th October 2010 in Nagoya, Japan, and came into force on 12th October 2014. The Protocol aims to promote the fair and equitable sharing of benefits arising from the utilization of genetic resources. It provides a framework for the implementation of the third objective of the CBD, which is the fair and equitable sharing of benefits arising from the utilization of genetic resources.
The Nagoya Protocol recognizes the sovereign rights of nations over their own genetic resources and emphasizes the need for prior informed consent (PIC) and mutually agreed terms (MAT) between the provider and user of genetic resources. It also includes provisions for the sharing of monetary and non-monetary benefits derived from the utilization of genetic resources. The Protocol establishes clear rules and procedures for access to genetic resources and the fair and equitable sharing of benefits derived from their utilization.
India signed the Nagoya Protocol on 30th October 2010, indicating its commitment to the principles of fair and equitable sharing of benefits. By signing the Protocol, India recognizes the importance of protecting its rich biodiversity and traditional knowledge and ensuring that the benefits derived from their utilization are shared with local communities.
The Nagoya Protocol is a significant international treaty that aims to promote the conservation and sustainable use of biodiversity while ensuring that the benefits derived from genetic resources are shared in a fair and equitable manner. By signing the Protocol, India has taken a step towards protecting its biological resources and ensuring that the rights and knowledge of local communities are respected and valued.
Explanation:
The Nagoya Protocol is a supplementary agreement to the Convention on Biological Diversity (CBD). It was adopted on 29th October 2010 in Nagoya, Japan, and came into force on 12th October 2014. The Protocol aims to promote the fair and equitable sharing of benefits arising from the utilization of genetic resources. It provides a framework for the implementation of the third objective of the CBD, which is the fair and equitable sharing of benefits arising from the utilization of genetic resources.
The Nagoya Protocol recognizes the sovereign rights of nations over their own genetic resources and emphasizes the need for prior informed consent (PIC) and mutually agreed terms (MAT) between the provider and user of genetic resources. It also includes provisions for the sharing of monetary and non-monetary benefits derived from the utilization of genetic resources. The Protocol establishes clear rules and procedures for access to genetic resources and the fair and equitable sharing of benefits derived from their utilization.
India signed the Nagoya Protocol on 30th October 2010, indicating its commitment to the principles of fair and equitable sharing of benefits. By signing the Protocol, India recognizes the importance of protecting its rich biodiversity and traditional knowledge and ensuring that the benefits derived from their utilization are shared with local communities.
The Nagoya Protocol is a significant international treaty that aims to promote the conservation and sustainable use of biodiversity while ensuring that the benefits derived from genetic resources are shared in a fair and equitable manner. By signing the Protocol, India has taken a step towards protecting its biological resources and ensuring that the rights and knowledge of local communities are respected and valued.
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Nagoya Protocol, signed by India on 30th October, 2010 is:a)an international treaty of bilateral investment between India and Japanb)an international treaty to ensure that local produce are exploited only under license and for the common good of the mankindc)an international treaty to ensure that the benefits of natural resources and their commercial derivatives are shared with local communitiesd)None of the above.Correct answer is option 'D'. Can you explain this answer?
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