13/05/2015 - Elisa Morgera, BENELEX - Formal negotiations are finally to be launched on a new treaty on marine biodiversity in the deep seas, including negotiations on benefit-sharing from marine genetic resources. In January 2015, the UN Working Group on marine biodiversity succeeded in reaching consensus, recommending that the General Assembly launch intergovernmental negotiations on an international, legally binding instrument, to be concluded in the framework of the UN Convention on the Law of the Sea (UNCLOS). This blog post discusses the implications of this recent development, highlighting new questions that have emerged in relation to benefit-sharing and the challenges that lie ahead.
ABOUT the BENELEX project:
The BENELEX project is funded through a European Research Council Starting Grant made to Dr Elisa Morgera (University of Edinburgh School of Law) running for five years from 1 November 2013. The project addresses the question: can benefit-sharing address the equity deficit within the green economy? It aims to investigate the conceptual and practical dimensions of “fair and equitable benefit-sharing” – a legal tool seeking to equitably allocate among different stakeholders economic as well as also socio-cultural and environmental advantages arising from the conservation and sustainable use of natural resources.