The Nagoya Protocol Implementation Fund (NPIF) is a multi-donor trust fund that started operations on May 26th, 2011. It can receive voluntary contributions of multiple governments and the private sector.
The NPIF has been created to fund activities under the Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilization (the Nagoya Protocol), adopted at the Tenth meeting of the Conference of the Parties (CoP) to the Convention on Biological Diversity (CBD).
The NPIF supports signatory countries and those in the process of signing the Nagoya Protocol, and that intend to ratify the Protocol in order to accelerate the
ratification and implementation of the Protocol. The Fund supports, among others, existing opportunities leading to development and implementation of concrete ABS agreements with involvement of the private sectors The projects funded under the NPIF encourages the engagement with private sector entities interested in exploring the economic potential of genetic resources and facilitate the transfer of appropriate technologies. Through the implementation of this type of projects, countries should be generating additional information that can help to understand their capacities and needs on ABS, with focus on the provisions from existing policies, laws, and regulations affecting genetic resources.
So far, the total fund is approximately $15 million, which has been provided by generous contributions from the Government of Japan, Norway, and Switzerland. During the May 2011 GEF Council meeting, the Government of France made a pledge for EU 1,000,000. The World Bank serves as the Trustee of the NPIF, in accordance with the Bank's policies and procedures.