Q. With reference to the access and benefit sharing (ABS) from biological resources, consider the following statements:
1.The Nagoya Protocol under the Convention on Biological Diversity (CBD) provides a legally binding framework for ABS.
2.In India, digital sequence information of biological resources is not covered under the ABS Regulation, 2025.
3.The ABS Regulation, 2025 covers the researchers to share the benefits accruing from their use of biological resources in India.
How many of the above statements are correct?
Quarterly-SFG-Jan-to-March
Red Book

[A] Only one

[B] Only two

[C] All three

[D] None

Answer: B
Notes:

Explanation: Statements 1 and 3 are correct

Statement 1 is correct: The Nagoya Protocol, adopted in 2010 under the CBD, provides a legally binding framework for access to genetic resources and fair benefit-sharing.

Statement 2 is incorrect: The ABS Regulation, 2025 includes digital sequence information in the ambit of genetic resources. A multilateral mechanism for sharing benefits accrued from the use of digital sequence information was put in place during COP16 of the Convention on Biological Diversity in Cali, Colombia, in 2024.

Statement 3 is correct: The Regulation also puts in place, the requirements for benefit sharing by researchers and for those who want to apply for intellectual property rights.

Source: DTE


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