GEF INVESTMENTS IN SUPPORT OF Access and Benefit Sharing (ABS)
\"The GEF supports one of the three fundamental objectives of the CBD: to allow parties to determine the Access to genetic resources, and to ensure that the Benefits arising from their utilization, are Shared in a fair and equitable manner (ABS for short). The genetic resources are contained within all organisms (plants, animals or microorganisms), and may be used for different purposes, including basic research, and commercialization of products. Governments need to ensure that there is an appropriate system in place to guarantee that the genetic resources of the species within their jurisdictions are properly accessed, and the
benefi ts shared with equity. Users of these genetic resources include research institutes, universities and private companies in sectors like pharmaceuticals, cosmetics, agriculture, horticulture and biotechnology.\"