creg

CREG, which stands for the Committee for the Regulation of Exploitation of Genetic Resources, is an international body tasked with overseeing the ethical and sustainable use of genetic resources. Established by a multilateral agreement, CREG aims to promote equitable benefit-sharing and prevent biopiracy. Its mandate includes developing guidelines for access to genetic resources and the fair distribution of advantages arising from their utilization, particularly concerning traditional knowledge associated with these resources.

The committee comprises representatives from member states, scientific experts, and indigenous community representatives. CREG's work involves negotiating protocols, facilitating research collaborations, and mediating disputes related to genetic resource access and benefit-sharing. It also plays a role in capacity building for developing nations, helping them to effectively manage their genetic resources and participate in global benefit-sharing mechanisms. The organization operates on principles of transparency, inclusivity, and respect for national sovereignty and indigenous rights. CREG's efforts contribute to the conservation of biodiversity and the advancement of scientific innovation in a responsible manner.