See how Brazil’s ratification of the Protocol can affect your business.
Yesterday, 07/08/2020, the Chamber of Representatives approved the draft of the Legislative Decree that ratifies the Nagoya Protocol in Brazil, now, the Senate will consider the Decree on its ratification. Originated in the 10th Conference of the Parties to the Convention on Biological Diversity (COP-10), the Nagoya Protocol, in brief words, is an international agreement that addresses the access to genetic resources and associated traditional knowledge of the signatory countries, determining that the rules of the country of origin of the genetic resource or traditional knowledge are complied with as a condition for its use, in order to promote the fair and equitable sharing of the benefits obtained from the referred access by the users of this biodiversity and its sustainable use.
With the ratification of this Protocol, apparently very close in Brazil, institutions that use genetic resources or raw materials of natural origin should also monitor the exotic species they use, in order to guarantee compliance with the Protocol. In addition, institutions abroad or foreign institutions that use Brazilian biodiversity will now have the duty to comply with the Brazilian law (Law 13.123 / 2015).
For more information: https://www.
To find out more how the Nagoya Protocol can affect your business, please find out more in the study prepared by the National Industry Confederation (CNI) with our consultancy at the link below: https://www.
Anita Pissolito Campos | anita@
João Emmanuel Cordeiro Lima | joaoemmanuel@
Senior Partners – Environment Practice. Listed Who’s Who Legal Guide.
Juliana S. Busto | juliana@
Partner. Regulatory and Environment Practice.
Este texto é meramente informativo e não configura orientação jurídica a uma situação concreta, que deve ser individualmente avaliada.
