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ARTICLE · 10 NOVEMBER 2015

Biodiversity - New Rule

Veirano e Advogados Associados
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On May 20, 2015, the President of the Republic sanctioned the Law No. 13,123/2015, on access to genetic heritage and traditional knowledge, and sharing of benefits for conservation and sustainable use of biodiversity.

BrazilEnvironment
Ana Grizzi
Ana Grizzi
Anderson Moura
Anderson Moura

On May 20, 2015, the President of the Republic sanctioned the Law No. 13,123/2015, on access to genetic heritage and traditional knowledge, and sharing of benefits for conservation and sustainable use of biodiversity.

The law revoked the Provisional Measure No. 2186-16/2001, setting new rules that aim to incentive private investment in research, development and innovation, as well as to regulate the use of Brazilian biodiversity by foreign entities. Among the innovations, we highlight:

  • Reduction of bureaucracy for researches: requests for authorization were replaced by an online registration.
  • Rules on correction of violations occurred in the past, and suspension of penalties.

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