The Permanent Forum, with the assistance of relevant member of the Inter-Agency Support Group, and in collaboration with indigenous experts, will conduct timely technical reviews at critical stages in the negotiations of international standards on the protection of traditional knowledge, such as the international regime on access and benefit-sharing and the deliberations of the Intergovernmental Committee on Intellectual Property and Genetic Resources, Traditional Knowledge and Folklore of the World Intellectual Property Organization (WIPO), to evaluate consistency and harmonization with existing and developing international legal instruments, standards and arrangements and, in particular, the human rights of indigenous peoples.
The Permanent Forum recognizes the importance of financing for Indigenous Peoples and appreciates the Global Environment Facility’s target of allocating 20 per cent of its funds to support initiatives for Indigenous Peoples. The Forum urges the Facility to create direct financing mechanisms for Indigenous Peoples.