Intellectual Property Rights
Intellectual Property Rights
Intellectual Property Rights
(a) INTRODUCTION
The convention recognized for the first time in international law that the conservation of
biological diversity is "a common concern of humankind" and is an integral part of the
development process. The agreement covers all ecosystems, species, and genetic
resources. It links traditional conservation efforts to the economic goal of using biological
resources sustainably. It sets principles for the fair and equitable sharing of the benefits
arising from the use of genetic resources, notably those destined for commercial use.
The convention reminds decision-makers that natural resources are not infinite and sets
out a philosophy of sustainable use. While past conservation efforts were aimed at
protecting particular species and habitats, the Convention recognizes that ecosystems,
species and genes must be used for the benefit of humans. However, this should be
done in a way and at a rate that does not lead to the long-term decline of biological
diversity.
The convention also offers decision-makers guidance based on the precautionary
principle that where there is a threat of significant reduction or loss of biological diversity,
lack of full scientific certainty should not be used as a reason for postponing measures to
avoid or minimize such a threat. The Convention acknowledges that substantial
investments are required to conserve biological diversity. It argues, however, that
conservation will bring us significant environmental, economic and social benefits in
return.
The Convention on Biological Diversity of 2010 would ban some forms
of geoengineering.[2]
(a) OBJECTS
In other words, its objective is to develop national strategies for the conservation and sustainable
use of biological diversity. It is often seen as the key document regarding sustainable development.
(iv) It sets principles for the fair and equitable sharing of the benefits
arising from the use of genetic resources for commercial purposes.
(v) Some natural resources are limited and not infinite, sustainable use
of resources is a must.
(vi) Ecosystems, species and genes must be used for the benefit of
human beings in such a way that it does not lead to the decline of
biological diversity.
(iii) It has taken steps for fair and equitable shareing of the commercial
benefits of research and development in using the traditional
knowledge or biodiversity resources / genetic resources between
the contracting parties and the local communities which provided
the traditional knowledge or biodiversity resources.