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Question

Consider the following statements about Nagoya Protocol.
1. The Nagoya Protocol provides access to genetic resources and the fair and equitable sharing of benefits arising from their utilization.
2. Aichi Biodiversity Targets were created in the Nagoya Protocol.
Which of the given statements is/are correct?

A
1 only
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B
2 only
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C
Both 1 and 2
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D
Neither 1 nor 2
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Solution

The correct option is C Both 1 and 2
The Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilization to the Convention on Biological Diversity is a supplementary agreement to the Convention on Biological Diversity. It provides a transparent legal framework for the effective implementation of fair and equitable sharing of benefits arising out of the utilization of genetic resources. The Strategic Plan consists of 20 new biodiversity targets for 2020, termed the 'Aichi Biodiversity Targets'.

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