This resolution concurs with the Philippines' accession to the Nagoya Protocol, which aims to ensure fair sharing of benefits from genetic resources. The protocol strengthens biodiversity conservation under the Convention on Biological Diversity. It requires benefits from use of indigenous communities' genetic resources to be shared fairly based on mutual agreements. The protocol will apply to genetic resources and traditional knowledge within the scope of the Convention. Government agencies endorsed the Philippines' accession to enable sustainable biodiversity use and benefit sharing.