In relation to genetic resources, the CBD reaffirms the sovereign right of Parties over their genetic resources. It also stipulates that Parties should not impose inappropriate restrictions and that access should be on mutually agreed terms. Correspondingly, a whole range of solutions regarding access to these resources needs to be considered.
There is a need for exploration of the implications of intellectual property rights on biodiversity and equitable benefit sharing.
It is necessary to ensure that information concerning traditional knowledge, practices and cultures is used for research only with the consent, cooperation and control of holders of that knowledge. Wherever possible, the use and collection of such knowledge must result in social, economic or environmental benefits to the traditional owners through formal prior informed consent procedures and mutually agreed terms.