Drafting Successful Access And Benefit Sharing Contracts

Download or read book Drafting Successful Access and Benefit-sharing Contracts written by Tomme Rosanne Young and published by BRILL. This book was released on 2017-10-23 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Drafting Successful Access and Benefit-sharing Contracts, Young and Tvedt offer an insightful and profound analysis of how ABS can be made truly functional through the use of legally binding and enforceable contracts. Contracts are foreseen as the main legal tool for making access and benefit sharing work, thus realizing the third objective of the Convention on Biological Diversity. Many years have gone by since contracts were first suggested as a solution to resolve the challenges of ABS, but so far few successful benefit-sharing cases have been presented. This volume explores the possibilities and limits of contract law which both practitioners and stakeholders need in order for ABS contracts to become an effective solution for sustainable use of biological diversity.