Access and Benefit-Sharing
/ˈæk.ses ænd ˈbɛn.ɪ.fɪt ˈʃɛə.rɪŋ/
Definitions
- (n.) A legal framework governing the access to genetic resources and the equitable sharing of benefits arising from their utilization, often under international agreements like the Convention on Biological Diversity.
The country's new law on access and benefit-sharing ensures fair compensation to indigenous communities.
Forms
- access and benefit-sharing
Related terms
See also
Commentary
Typically applied in international environmental and biodiversity law, access and benefit-sharing mechanisms balance resource use and indigenous/community rights.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.