Broggiato, Arianna

Burton, Geoff

Jaspars, Marcel

Lallier, Laura E.

Muyldermans, Dominic

Vanagt, Thomas

The International Journal of Marine and Coastal Law

English

A fair and effective regime regulating benefit-sharing of marine genetic resources (MGR) in areas beyond national jurisdiction (ABNJ) must consider the inclusion of developing states, support scientific research and safeguard investments of the private sector. The present innovative proposal ensures a delicate balance through an approach based on open access, albeit with limitations. Access to MGR in ABNJ is facilitated, but conditional on the public release of collected samples and raw data. Adoption of the open access principle guarantees a powerful form of non-monetary benefit-sharing. The balance is maintained by the option for an extended embargo period, allowing samples and data to be kept confidential for a certain period, against payment to a biodiversity contribution fund. Monetary benefit-sharing, as a sector-negotiated percentage on revenue, could be imposed at the point of product commercialisation, and would offer a tangible payment system with a low transaction cost

Lallier, Laura

Ghent University Academic Bibliography

Mare geneticum : balancing governance of marine genetic resources in international waters

The Open University

Mare Geneticum : Balancing Governance of Marine Genetic Resources in International Waters

Abstract
A fair and effective regime regulating benefit-sharing of marine genetic resources (mgr) in areas beyond national jurisdiction (abnj) must consider the inclusion of developing states, support scientific research and safeguard investments of the private sector. The present innovative proposal ensures a delicate balance through an approach based on open access, albeit with limitations. Access to mgr in abnj is facilitated, but conditional on the public release of collected samples and raw data. Adoption of the open access principle guarantees a powerful form of non-monetary benefit-sharing. The balance is maintained by the option for an extended embargo period, allowing samples and data to be kept confidential for a certain period, against payment to a biodiversity contribution fund. Monetary benefit-sharing, as a sector-negotiated percentage on revenue, could be imposed at the point of product commercialisation, and would offer a tangible payment system with a low transaction cost.</jats:p

Arianna Broggiato

Thomas Vanagt

Laura E. Lallier

Marcel Jaspars

Geoff Burton

Dominic Muyldermans

Crossref

Mare Geneticum: Balancing Governance of Marine Genetic Resources in International Waters

https://biblio.ugent.be/publication/8556984/file/8557163

Mare Geneticum : Balancing Governance of Marine Genetic Resources in International Waters

Abstract

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Ghent University Academic Bibliography

The Open University

Crossref