The Convention on Biological Diversity provides that parties to the Convention design mechanisms for access and benefits-sharing, taking into consideration traditional knowledge as well as benefits accrued to holders of such knowledge.
In compliance with the Convention, Liberia has undertaken the task of reviewing its present legislative framework, guidelines and policies as they relate to access and benefits-sharing of biological and genetic resources.
A workshop to address these issues has just been held in Monrovia. It was also to held to review any and all policies relating to the use, promotion and utilization of traditional knowledge with particular reference to biological and genetic resources.
The workshop also took into consideration the 1976 Act creating the Forestry Development Authority (FDA), the Act adopting the New National Forestry Law of 2000 and the 1988 Wildlife and National Part Act, the Environmental Protection Agency Act of 2003, the Environmental Protection and Management Law of 2003, the New Mining and Mineral Law of 2000, the Environmental Policy of Liberia in 2003, the Reform Forestry Law of 2006 and the Forestry Policy of Liberia in 2006.