FIJI became the eighth party to the Convention on Biological Diversity (CBD) after it acceded to the Nagoya Protocol on Access to Genetic Resources.
The ratifications came into effect during the 11th meeting of the Conference of the Parties (COP 11) in Hyderabad, India from October 8 to 19.
The CBD which is an international treaty seeks to address all threats to biodiversity and ecosystem services while the Nagoya Protocol is an agreement under the CBD which provides greater legal certainty and transparency for both providers and users of genetic resources.
The executive secretary to the CBD Braulio Ferreira de Souza Dias said the ratification by Fiji further demonstrated that parties recognised the importance of entry into force of the Nagoya Protocol as a tool for advancing the objectives of the Convention and realising sustainable development. According to a statement from the United Nations Environmental Programme (UNEP) Asia Pacific Regional News, the Nagoya Protocol will enter into force 90 days after the deposit of the fiftieth instrument of ratification.
"The protocol will create incentives to conserve biodiversity, sustainably use its components, and further enhance the contribution of biodiversity to sustainable development and human wellbeing."