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The term "Clearing House" meaning includes any agency that brings together seekers and providers of goods, services or information, thus matching demand with supply.
The Clearing-House Mechanism (CHM) under the Convention on Biological Diversity (CBD) is an information sharing mechanism set up to promote and facilitate the scientific and technical cooperation in relation to the objectives of the Convention
The Convention on Biological Diversity (CBD) was signed by the international community during the Earth Summit, at Rio de Janeiro (Brazil) in 1992. The three objectives of the CBD are:
the conservation of biological diversity,
the sustainable use of its components,
the fair and equitable sharing of the benefits arising out of the utilization of genetic resources.
The RMI Clearing House Mechanism (CHM) was established to promote and facilitate technical and scientific cooperation within Marshall Islands and among other countries, to join a globaly accessible mechanism for exchanging and integrating information on biodiversity and to develop the necessary human and technological network.
The Clearing House mechanism seeks to support and promote co-operation in six key areas related to biodiversity:
tools for decision-making
training and capacity-building
repatriation of information
Compatible with different levels of national capacity
Provides access to information
Has no vested interest in controlling the expertise or information
Created for the mutual benefit of all participants