Access and Benefit-sharing (ABS) refers to a set of rules and principles established by the Convention on Biological Diversity governing access to genetic resources and associated traditional knowledge and the fair and equitable sharing of benefits arising from their utilisation. ABS is rooted in the understanding that countries providing genetic resources should be associated to the benefit arising from their utilization. Indeed, most of the richest ecosystems bearing the majority of genetic resources exist in developing countries, whereas the benefits arising from the utilisation of genetic resources often occur in industrialised countries.

Meaning: 
Access & Benefit Sharing
Type of acronyms: 
Mechanism
Category of acronyms: 
IFPMA
Alphabets: 
A