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Access and Benefit Sharing as an Innovative Financing Mechanism

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One of the significant roadblocks in negotiations and implementation of multilateral environment agreements (MEAs) is that of resource mobilisation. During the eleventh Conference of Parties to the Convention on Biological Diversity (CBD-COP 11) held in 2012, Parties to the CBD agreed to develop a roadmap for raising adequate and predictable finances
for realising the Strategic Plan of the CBD. By 2015, Parties need to develop resource mobilisation frameworks with a focus on realising finances using innovative approaches and models. A series of consultations, expert studies are
already prepared to provide inputs for innovative financing options at national level. This article focuses on using the Access and Benefit Sharing (ABS) frameworks at national level as an innovative financing option and suggests
ways of raising finances for conservation action and effective implementation of the Nagoya Protocol on ABS.

Asian Biotechnology and Development Review
Vol. 16 No.2, pp 53-70
© 2014, RIS.

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