Historic first meeting of the Nagoya Protocol hears voices from the Pacific Islands 13 October 2014, Pyeongchang, Korea, CBD COP12 - Samoa, as host of the Third International Conference on Small Islands Developing States, was the first Pacific island to make a statement at the first meeting of the Parties to the Nagoya Protocol. Fiji, FSM, Samoa and Vanuatu have ratified this Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilisation. The Protocol entered into force on 12 October with 54 parties, it aims to share the benefits arising from the utilisation of genetic resources in a fair and equitable way. This includes by appropriate access to genetic resources and by appropriate transfer of relevant technologies, taking into account all rights over those resources and to technologies, and by appropriate funding, thereby contributing to the CBD and the sustainable use of its components. In the 1990s Samoa had come across the issue of bioprospecting, the process of discovery and commercialisation of new products based on biological resources, over the mamala plant where which was used by traditional healers to treat a number of ailments. Samples of the mamala were sent to the US where it was discovered to contain prostatin, a compound with was found to have activity against the HIV-AIDS virus. Work began to develop the compound for medicinal purposes....FOR FULL STORY
Posted on: Mon, 27 Oct 2014 03:50:51 +0000
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