By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Independent News ExpressIndependent News Express
  • Home
  • International
    InternationalShow More
    G7 finance leaders seek non-tariff consensus in Canada, may face US pushback
    Ahead G7 Summit, Finance Ministers Seek Non-tariff Consensus In Canada, May Face US Pushback
    2 weeks ago
    Over 28,000 Women And Girls Killed In Gaza Since October 2023
    3 weeks ago
    Global Aid Cut
    New Report Reveals How Global Aid Cuts Affecting Women’s Organisations Aiding Women In Crises
    4 weeks ago
    UNICEF Raises Alarm Over 14m Children Worldwide At Risk Of Malnutrition
    2 months ago
    United Nations for Women
    In 8 Days, 830 Killed In Gaza – UN Women Raises Alarm
    2 months ago
  • Africa
    Africa
    Show More
    Top News
    ‘Waiting Times For UK Visas Are Coming Down’
    3 years ago
    Women In Raso Olo Shall Soon Give Birth At UNMISS-Funded Maternity Ward
    2 years ago
    Increasing Number of Tobacco Smokers In Africa Worries WHO
    2 years ago
    Latest News
    Public Exit: Why South Africa Businesses Are Moving To Private Cloud
    2 days ago
    Cameroon Tops List Of World’s Most Neglected Displacement Crises
    4 days ago
    ECOWAS Marathon Race Director Okon Congratulates Commission on 50th Anniversary
    1 week ago
    Africa Day: Majority of Africans Want African Nations Be Given Greater Influence In International Decision-making Bodies
    2 weeks ago
  • Corporate News
    • Media Outreach
  • Politics
    Politics
    Show More
    Top News
    Obi To Tinubu: I Can Trace My Background, But Nigerians Can’t Trace Yours
    2 years ago
    Ukraine President Zelenskyy Under Attack Over Congratulatory Tweet To Tinubu
    2 years ago
    Osun State Erupts In Jubilation, As Supreme Court Affirms Adeleke As The Governor
    2 years ago
    Latest News
    LG Election: Stakeholders Appeal To APC Not To Allow Chairmen Run For 3rd term
    1 month ago
    More APC Chairmanship Aspirants Reject Indirect Primary For Local Govt Elections In Lagos State
    1 month ago
    Youth Party Sets May 18 for Lagos LG Primary Elections, Slashes Fees For Women and PWDs
    2 months ago
    Oyo State Faces Herculean Task in Picking Makinde’s Successor – Chief Ayorinde
    3 months ago
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
    News
    Show More
    Top News
    Ondo Governor, Akeredolu Begins Construction Of First Flyover In Akure
    2 years ago
    Celebration Of Life: Reverend Adewumi Jegede Of Later House Of God Assembly Buried Amid Pomp
    12 months ago
    Pa Abdulfatah Amoo Ayanwale
    Pa Ayanwale Dies At 76, Fidau Prayers Holds 8 August
    2 years ago
    Latest News
    IMSUAA 2025 Convention Theme Unveiled As La-Ghost Speaks On Prospects of Heartland 2025
    1 day ago
    Former EFCC Boss, Bawa Unveils Explosive Book On Nigeria’s Fuel Subsidy Fraud
    3 days ago
    IMSUAA 2025: La-Ghost And Starblaze Could Draw Inspiration From Convention Theme
    4 days ago
    IMSUAA 2025 Convention: Two Artistes From Lagos Chapter To Light Up Event
    2 weeks ago
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
    Entertainment
    Show More
    Top News
    BBNaija 7: Khalid Says Relationship With Daniella Serious
    3 years ago
    Personality Check: Here’s a Look at the Top 5 Most Talked About Big Brother Titans
    2 years ago
    Candy Bleakz: Why It Has Always Been Tough For Female Artistes To Thrive
    2 years ago
    Latest News
    MultiChoice Africa x African Storytelling: How Local Content Shapes Local Culture
    2 days ago
    Nigerian Idol Season 10 Live Shows Are Underway as the Top 10 Battle for Stardom
    2 weeks ago
    Nigeria Strengthens Fight Against Content Piracy Through Strategic Partnerships
    2 weeks ago
    Prestige, Impact: Why AMVCA is the People’s Award Show
    4 weeks ago
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
    Lifestyle
    Show More
    Top News
    Selfishness Leads To Suicide – Psychiatrist
    2 years ago
    Mercy Ships’ Newest Hospital Ship Prepares To Serve First Patients
    2 years ago
    Remi Tinubu, What Has God Got To Do With It? By Festus Adedayo
    7 months ago
    Latest News
    Lagos SWAN Joins UN To Celebrate World Nutrition Month At Unilag Confab
    2 weeks ago
    Yemisi Shyllon Museum of Art and Toledo Museum of Art Launch Historic Cultural Exchange
    1 month ago
    Piracy in Africa’s Creative Sector: How Creators Can Protect Their Content
    2 months ago
    Fanti Carnival Returns To Lagos This Easter Sunday
    2 months ago
  • Business
    • Banking & Finance
    • Oil & Gas
    BusinessShow More
    Lagos Will Continue To Lead Initiatives That Accelerate Economic Diversification – Sanwo-Olu
    2 weeks ago
    Afreximbank
    Afreximbank Reports Strong Performance For Q1 2025 In Line With expectations
    2 weeks ago
    Pan-African Payment & Settlement System
    Nigeria Unlocks Intra-African Trade With New Pan-African Payment & Settlement System Policy Boost
    4 weeks ago
    Impact Of Online Trading Platforms Like Temu On Nigeria’s Economy
    4 weeks ago
    Unity Bank Launches GenFi, Targets Children, Teens With Gamified Banking Platform
    1 month ago
  • Health
    Health
    Show More
    Top News
    South Africa: North West Health Denies Reports Of Severe Medication Shortages In Facilities
    3 years ago
    Early Detection Helps Curing Childhood Cancers, Says Pediatric Oncologist
    2 years ago
    Oxygen Therapy Improves Heart Function In Patients With Long COVID
    2 years ago
    Latest News
    Apepa or Arterial Blockage? The Urgency of Self-Care After 45 By Babafemi Ojudu
    2 days ago
    Roche Launches Diagnostics Operations In Nigeria,
    4 days ago
    Alimosho Football Coaches Council Set For Health, Safety Business Workshop
    2 weeks ago
    World Hypertension Day: Merck Foundation Commits To Improving Cardiovascular And Diabetes Care Across Africa
    3 weeks ago
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Reading: Governments Meet In Geneva To Share Benefits From Use Of Digital Sequence Information On Genetic Resources
Share
Notification Show More
Aa
Independent News ExpressIndependent News Express
Aa
  • Home
  • International
  • Africa
  • Corporate News
  • Politics
  • News
  • Entertainment
  • Lifestyle
  • Business
  • Health
  • More
Search
  • Home
  • International
  • Africa
  • Corporate News
    • Media Outreach
  • Politics
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
  • Business
    • Banking & Finance
    • Oil & Gas
  • Health
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Independent News Express > Blog > International > Governments Meet In Geneva To Share Benefits From Use Of Digital Sequence Information On Genetic Resources
International

Governments Meet In Geneva To Share Benefits From Use Of Digital Sequence Information On Genetic Resources

Last updated: 2023/11/13 at 7:24 AM
2 years ago
Share
SHARE

BY OJO SAMSON AYOMIDE

This week, in Geneva, Switzerland, governments will discuss the development and operationalization of a multilateral mechanism, including a global fund, for the sharing of benefits from the use of digital sequence information on genetic resources, to be finalised by COP 16 in 2024.

At the United Nations Biodiversity Conference (COP 15) in Montreal, Canada in December 2022, governments agreed that benefits from the use of digital sequence information (DSI) on genetic resources should be shared fairly and equitably (decision 15/9) and further agreed to establish, as part of the Kunming-Montreal Global Biodiversity Framework (decision 15/4), a multilateral mechanism for benefit-sharing from the use of digital sequence information on genetic resources, including a global fund. They agreed that the development and operationalization of this would be according to a fair, transparent, inclusive, participatory, and time-bound process (decision 15/9).

Digital sequence information is a placeholder term to refer to data derived from de-materialized genetic resources. It includes nucleic acid sequence data and potentially other data such as protein sequence data. The traditional knowledge of indigenous peoples and local communities associated with the use of genetic resources is also relevant.

- Advertisement -
Ad imageAd image

DSI is crucial to research in a wide range of contexts, including public health, medicine, plant and animal breeding, evolution research and to the achievement of the objectives of the Convention on Biological Diversity. This includes its Nagoya Protocol, namely the conservation and sustainable use of biodiversity and the fair and equitable sharing of the benefits from the use of genetic resources.

This week in Geneva, governments and other stakeholders will conduct their negotiations on the multilateral mechanism based on a synthesis of a compilation of views from governments, indigenous peoples and local communities and other organizations, as well as lessons learned from other international funding mechanisms, compiled through a study.

The working group will address the 16 different issues for further consideration, set out in the Annex to decision 15/9. These issues were identified as central to creation of such a mechanism. In the document for the meeting, they are clustered into the following five groups:

  • Contributions to the fund, including triggering points for benefit-sharing and some aspects of the role and interests of industry and academia;
  • Disbursement of the funds, including disbursement of monetary benefits, including information on geographical origin as one of the criteria, some aspects of the role, rights and interests of indigenous peoples and local communities, including associated traditional knowledge;
  • Non-monetary benefit-sharing, including information on geographical origin as one of the criteria, capacity development and technology transfer, including linkages between research and technology and the multilateral mechanism on benefit-sharing;
  • Governance, including the monitoring and evaluation and review of effectiveness, the principles of data governance and some aspects of the role, rights and interests of indigenous peoples and local communities, including associated traditional knowledge and the interests of industry and academia;
  • Relation to other approaches and systems, including the potential to voluntarily extend the multilateral mechanism to genetic resources or biological diversity, other policy options, the interface between national systems and the multilateral mechanism on benefit-sharing, the relationship with the Nagoya Protocol and the adaptability of the mechanism to other resource mobilization instruments or funds.

The Ad Hoc Open-ended Working Group on Benefit-sharing from the Use of Digital Sequence Information on Genetic Resources will meet a second time, in Montreal, Canada in August 2024, to further the discussions and to make recommendations for consideration and adoption by the Conference of the Parties at its sixteenth meeting (COP 16).

You Might Also Like

Ahead G7 Summit, Finance Ministers Seek Non-tariff Consensus In Canada, May Face US Pushback

Over 28,000 Women And Girls Killed In Gaza Since October 2023

New Report Reveals How Global Aid Cuts Affecting Women’s Organisations Aiding Women In Crises

UNICEF Raises Alarm Over 14m Children Worldwide At Risk Of Malnutrition

In 8 Days, 830 Killed In Gaza – UN Women Raises Alarm

INadminNG November 13, 2023 November 13, 2023
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article Executive league management committee of the ongoing Alimosho Football Coaches Council U-16 League AFCCL U-16 League: Player’s Licence Fraud Lands Bucknor Team In Trouble
Next Article Ijegun Championship Cup: Akande Nets Hat-Trick, As Olorunsogo Clinch Q-Final Ticket
about us

Independent News Express (iNews Express), a publication of 4Ds Nigeria Limited, is birthed out of the desires of the founding fathers to report News as it is.

We value Professionalism, Excellence, Service, Creativity and Integrity.

The Company

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy

Quick Links

  • Advertise with us
  • Newsletters
  • Deal

Categories

Find Us on Socials

© Independent News Express. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?