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NATIONAL ENVIRONMENT MANAGEMENT: BIODIVERSITY ACT, 2004 ( Operation Phakisa- Biodiversity Economy

  • Published on December 17, 2019
To provide for the management and conservation of South Africa's biodiversity within the framework of the National Environmental Management Act, 1998; the protection of species and ecosystems that warrant national protection; the sustainable use of indigenous biological resources; the fair and equitable sharing of benefits arising from bioprospecting involving indigenous biological resources; the establishment and functions of South African National Biodiversity Institute; and for matters connected therewith
To redress the injustice of the past in order to achieve socio-economic development goals ~ fair & equitable benefits sharing To provide regulatory framework for bioprospecting / bio trade activities ~ attain conservation and sustainable utilization of indigenous biological/genetic resources ~ Permitting System. To provide obligatory requirements to the regulated sectors to recognize existing traditional knowledge on the usefulness of indigenous biological/genetic resources Benefit Sharing Agreements. To provide obligatory requirements to the regulated sectors to seek permission from the land owners to access/collect indigenous biological/ genetic resources ~ Material Transfer Agreements and Benefit Sharing Agreements. To implement international regulatory obligations adopted by South Africa

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