Question: The Access and Benefit Sharing (ABS) Protocol adopted by COP-10 at Nagoya is regarding the fair and equitable sharing of benefits arising from the use of:
Options:
A) The genetic resources of the earth.
B) Exclusive Economic Zones (EEZs)
C) Marine and coastal areas significant for ’eco- tourism'.
D) Technology transfer mechanisms for Clean Energy Development.
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Answer:
Correct Answer: A
Solution:
- 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 is an international agreement which aims at sharing the benefits arising from the utilization of genetic resources in a fair and equitable way. It entered into force on 12 October 2014, 90 days after the date of deposit of the fiftieth instrument of ratification.