| ID | 6456 | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Date |
Monday 2024.10.21 @ 18:00 Add to Calendar |
||||||||||||||||||||||||||||
| Room | Sierra Nevada - Working Group II CEVP Ground floor Capacity: 857 people |
||||||||||||||||||||||||||||
| Conference | SBI-05 / COP-16 / CP-MOP-11 / NP-MOP-05 |
||||||||||||||||||||||||||||
| Meetings(s) | COP-16 Sixteenth meeting of the Conference of the Parties to the Convention on Biological Diversity |
||||||||||||||||||||||||||||
| Title | Digital Sequence Information and Global Biodiversity Finance: Revenue Mobilization Options | ||||||||||||||||||||||||||||
| Hosts |
LSE |
GRI |
OBC |
One World Analytics |
|
||||||||||||||||||||||||||||
| Topics |
Digital Sequence Information on Genetic Resources Access to Genetic Resources and Benefit-sharing
|
||||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||||
|
In 2022 COP15 of the Convention on Biological Diversity (CBD) adopted the Global Biodiversity Framework and a Resource Mobilisation Strategy directed to raising an additional $200 billion a year for its implementation. At the same time, the COP also decided to create a multilateral mechanism and global fund for the sharing of the benefits arising from digital sequence information (DSI) (genetic sequence data). Genetic sequence data is a key global resource powering developments in biotechnology, agriculture, health and emerging developments in artificial intelligence. At COP16 Parties to the Convention are likely to address several clusters of questions around the new DSI fund such as: Bearing in mind these clusters of related questions, this event will bring together a number of experts to first, give an overview, and secondly to consider the feasibility of a number of proposals on the table for revenue generation. These options include a percentage of sales of individual commercial products that have been developed using digital sequence information; X % of turnover, profit or exports from relevant sectors substantially reliant on digital sequence information; charges against the use of the biodiversity and life science infrastructure using cloud pricing models (Big Data and Artificial Intelligence); a contribution of 1 % of retail sales of biodiversity-based products sold in developed countries. Other methods that have not been considered in the CBD context includes relying on technological means of mapping aggregate usage of DSI using a range of factors comprising ‘utilization’ indicators including publications, patents and development of products (such as in the BBNJ agreement). The event will attempt to bring different kinds of data, mapping and measurement to an understanding of the revenue mobilization.
Error as occured...
Error as occured...
Error as occured...
Error as occured...
|
|||||||||||||||||||||||||||||
| Documents |
|
||||||||||||||||||||||||||||