Treaty to manage world's genetic resources and share benefits to come in to effect

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Local communities and indigenous populations are the custodians of the world's biodiversity or life on Earth and they deserve to share in the benefits.

That's according to Braulio Ferreira de Souza Dias, Executive Secretary for the United Nations Convention on Biological Diversity.

Now those communities will benefit thanks to the entering into force of the Nagoya Protocol.

The Protocol brings more clarity and transparency to the management of the world's genetic resources and the sharing of benefits says Mr Dias.

“If we still have a lot of biodiversity out there in the world, to a large extent it is thanks to the custodians of natural forests and other ecosystems which are mostly indigenous peoples and local communities. And the fact is that to promote conservation implies a cost and it is only fair that we also ensure that those that contribute to the conservation of biodiversity benefit from its conservation. So that is exactly what the third objective of the Convention is all about and that is exactly what the Nagoya Protocol is about."

The Protocol is scheduled to come into effect on 12 October this year.

Daniel Dickinson, United Nations.

Duration: 1’20″

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