The Forum recommends the establishment of an international ethical code on bio-prospecting in order to avoid bio-piracy and ensure the respect for indigenous cultural and intellectual heritage. Under the framework of the Convention, a mechanism should be established for the repatriation and devolution of genetic materials collections to indigenous peoples. The Forum recommends to the Convention secretariat that the global taxonomy initiative incorporate an ethical principles and social framework for the protection of indigenous peoples’ rights to their lands, traditional knowledge and resources before its implementation.
The operational policy of the World Bank regarding forests is under review. The Forum recommends to the Bank that it take into account the recommendations made by indigenous peoples and calls for the involvements of Forum members in the Bank’s process of review and revision.