National Policy and Strategies on Traditional Knowledge and Practices related to Biodiversity.

The National Policy and Strategies on Traditional Knowledge and Practices related to Biodiversity has as goal the conservation of traditional knowledge and practices within the sustainable development framework and thereby manage the use of natural resources and ensure the upliftment of the life pattern of the local people.
The Objectives of the Policy are: 1) Identification of the places and areas where traditional knowledge and knowledge reserves are to be found and the collection, conservation and promotion of sustainable usage of them; 2) Benefits derived from the usage of traditional knowledge and practices to be shared in fair and equitable manner; 3) Ensuring that the custodians and the users of the traditional knowledge and practices are respected, guaranteed of the benefits and assured of protection required; 4) The building up of the necessary infrastructure and the provision of legal powers and resources necessary to ensure the facilitation and coordination of the targeted programmes intended for the conservation and the use of the traditional knowledge and practices; 5) Identifying the socio economic and environmental value of the usage of traditional knowledge; 6) Recapturing and stabilizing of the traditional knowledge of Sri Lanka that had been legally and illegally spirited out of the country and cannot be found any more within the country; 7) Utilization of traditional knowledge to make Sri Lanka a knowledge hub for achieving the above objectives and safeguarding local identity.
Strategies for the achievement of those objectives are focused on conservation, use, exchange of traditional knowledge and practice, and for utilizing the benefits derived. The Policy also identifies Institutional strategies, Social and economic strategies for conservation and sustainable use of traditional knowledge and practices, Strategies related to the education on traditional knowledge and practices and its promotion, and Strategies for the legal protection of traditional knowledge and practices.