The need for and modalities of a global multilateral benefit-sharing mechanism

  • 11 November 2016
ICC POLICY STATEMENT

ICC notes that the efforts necessary to consider adding another layer of complexity, such as a GMBSM, to the international ABS framework, are likely to disperse the energy and resources available for the implementation of the Nagoya Protocol at the national level. Considerable efforts are currently being made by Parties and stakeholders to implement the Protocol...

Members of the International Chamber of Commerce (ICC) appreciate the opportunity to submit comments and views on the need for and modalities of a global multilateral benefit-sharing mechanism (GMBSM).

ICC has previously prepared a submission on the GMBSM (Doc. No. 450/1069, 18 November 2011), and we supplement the comments in that publication with additional views based on the requests contained in the present notification.

In addition to the comments below, we would like to note that the efforts necessary to consider adding another layer of complexity, such as a GMBSM, to the international ABS framework, are likely to disperse the energy and resources available for the implementation of the Nagoya Protocol at the national level. Considerable efforts are currently being made by Parties and stakeholders to implement the Protocol and we suggest that national implementation be prioritized, rather than considering additional mechanisms.

The need for and modalities of a global multilateral benefit-sharing mechanism

(i) Situations which may support the need for a global multilateral benefit-sharing mechanism that are not covered under the bilateral approach

(ii) Possible modalities for a global multilateral benefit-sharing mechanism as well as information regarding the implications of different scenarios on these modalities

(iii) The areas requiring further consideration, as identified in paragraph 23 of the report of the Expert Meeting on Article 10 of the Nagoya Protocol.