EU Council adopts ABS Regulation
The EU Council adopted on 14th April 2014, a regulation on compliance measures for users from the Nagoya Protocol on access to genetic resources and the fair and equitable sharing of benefits arising from their utilization in the Union (PE-COS 131/13).
Legislation adopted by the EU Council will implement an international agreement on access to genetic resources and the fair and equitable sharing of benefits arising from their utilisation (the so-called Nagoya Protocol) in the Union. Council has also adopted a decision which entitles the EU to ratify the Protocol.
"By adopting this legislation, the European Union is fulfilling a key commitment it made in 2010 under the Convention on Biological Diversity to establish rules for compliance with access and benefit-sharing for genetic resources and traditional knowledge associated with genetic resources. This will help ensure that biodiversity is sustainably used, create transparent rules for EU researchers and companies utilising genetic resources, and contribute to the sharing of benefits with the providers of those resources," said EU Environment Commissioner Janez Potočnik. "The EU is now in a position to swiftly ratify the Nagoya Protocol and contribute to its entry into force."
For the Council of the European Union's press release.
For the European Commission's statement.