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International Bank for Innovation* (IBI)

International Bank for Innovation* (IBI). *Recognized as "Green Intellectual Property" by EWG (Annex 2 in the final report), which WHA63.28 requests CEWG to explore. Revenue. ✓ Green tax on patentees Tobin tax in the form of "Patent Assurance Premium"

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International Bank for Innovation* (IBI)

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  1. International Bank for Innovation* (IBI) *Recognized as "Green Intellectual Property" by EWG (Annex 2 in the final report), which WHA63.28 requests CEWG to explore.

  2. Revenue ✓Green tax on patentees Tobin tax in the form of "Patent Assurance Premium" ✓Allocation from the revenue of patent offices

  3. Possible Annual Revenue Total from the assurance premium: 88 mil. USD WIPO Income from PCT : 444 mil. CHF ➟10% Allocation: 44 mil. CHF Total: ca. 132 mil. USD cf. avg. Licensing fee : 25 mil. USD for medicines avg. Grant scale : 30 mil. USDper project by Global Found Source (2009): USPTO, EPO, JPO, K. Ito & Associates, WIPO and Global Fund

  4. Patent Application vs. ODA PCT ( ) ODA/US ODA/JPN ( ) Source: WIPO and OECD

  5. Expenditure for impoverished patients Request Deliberation (e.g., WTO/DSU) Funding ➠ ➠

  6. Patent Assurance Premium ✓ Readily building consensus by industries ✓ Negligible relative to the entire cost to create a patent

  7. Additional option to the traditional TRIPS flexibilities Compulsory licence or IBI (not mandated)

  8. Expenditure for innovators Funding needed research

  9. Second-Coming-of-Doha Initiative Targets ✓ Investigatory commission as a sub-body under the TRIPS Council ✓ Amendment in the TRIPS Agreement for establishing IBI

  10. Second-Coming-of-Doha Initiative Services ✓ September, 2011 led by IHEID*, Genève *Institut de hautes études internationales et du développement ✓ to provide interested members with professional consultations

  11. For a solid model in economics and legitimacy www.greenip.org

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