Do We Need a Global Benefit Sharing Mechanism, and How Could it Work?
With the growing experience of implementing the Nagoya Protocol, the issue of a global multilateral benefit sharing mechanism, as proposed in Article 10 of the Protocol, is generating increased attention. In examining the key needs, modalities and rationale for such a mechanism, issues such as shared TK, transboundary resources and digital sequence information (DSI) have featured prominently. As part of efforts to contribute to this debate, this panel will discuss some of the key needs and modalities within the current benefit sharing system that compel action with respect to a global multilateral benefit sharing mechanism. Recognizing remaining uncertainties surrounding these justifications and concerns over the modalities of establishing such a mechanism, panelists will provide reflections from relevant regimes and case studies in responding to the development of an effective benefit sharing regime.
