Explanation:

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 an international agreement which aims at sharing the benefits arising from the utilization of genetic resources in a fair and equitable way. It entered into force on 12 October 2014, 90 days after the date of deposit of the fiftieth instrument of ratification.

The Access and Benefit-sharing Clearing-House (ABS Clearing-House) is a platform for exchanging information on access and benefit-sharing established by Article 14 of the Protocol, as part of the Clearing-House of the Convention established under Article 18, paragraph 3 of the Convention. The ABS Clearing-House is a key tool for facilitating the implementation of the Nagoya Protocol, by enhancing legal certainty and transparency on procedures for access and benefit-sharing, and for monitoring the utilization of genetic resources along the value chain, including through the internationally recognized certificate of compliance. By hosting relevant information regarding ABS, the ABS Clearing-House will offer opportunities for connecting users and providers of genetic resources and associated traditional knowledge.