Difairsity Fonds – this is how it works
Questions and answers about the Difairsity Fonds
+ What is the Difairsity Fonds?
Difairsity is a trust fund run by the Diversitatis Foundation. It receives contributions from the use of genetic resources and spends them on the conservation and sustainable use of genetic diversity. Such endowments serve as benefit sharing between users and providers of genetic resources within the meaning of the Nagoya Protocol.
+ What is the legal basis of the Difairsity Fonds?
The installation of the Difairsity Fonds is based on the annex of the Nagoya Protocol, which states under point 1f, that “special fees to be paid to trust funds supporting conservation and sustainable use of biodiversity” are an eligible way of benefit sharing.
+ Who may participate in the Difairsity Fonds?
The Difairsity Fonds is open to all natural persons, non-profit organizations, state institutions, and commercial entities that utilize genetic material for research and development. The prerequisite is an agreement between the user and the provider of the genetic material that sets endowments to the fund as benefit sharing within the meaning of the Nagoya Protocol.
+ Who is currently contributing to the Difairsity Fonds?
At present there is one user agreement that engages the Difairsity Fonds as a trust fund, i.e. the Arche Noah model Material Transfer Agreement.
+ What is the money of the Difairsity Fonds used for?
The Difairsity Fonds finances all kinds of conservation and development action in favour of seed and crop diversity worldwide.
+ When will the Difairsity Fonds have its kick-off?
The first endowment from the ARCHE NOAH agreement is expected for 2019. On receipt of the endowment, the Difairsity Fonds will start to finance seed saving projects.
The Difairsity Fonds account
Only for your Nagoya benefit sharing
Alternative Bank Schweiz, Amthausquai 21, CH-4601 Olten
IBAN CH04 0839 0035 1058 2000 9
Please put your name or the name of your company / organisation resp. as reason for payment!
Benefit sharing only on basis of valid Nagoya-agreement!