BfN Schriften 46 - Regulating Access and Benefit Sharing. Basic issues, legal instruments, policy proposals
The Convention aims to regulate both the conservation of biological diversity and the economic use of its components, thus reconciling the diverging interests of Southern countries with their wealth of biological diversity and the technologically advanced countries of the North.
Federal Agency for Nature Conservation
Year of publication
Under the Convention, member states are conceded sovereign rights over the biological diversity existing in their territory (under in situ conditions), but also made fully responsible for conserving it. The conservation of biological diversity and its economic utilization are thus placed on a new basis binding under international law. However, if the Convention is to have any practical impact, it needs to be implemented by the member states, i.e., translated into national law and then enforced.