It is very evident that there is lack of well accepted and verified mechanisms as well as institutional set up for the realization of farmers' rights, including the effective implementation of International Regime on Access to and Benefit Sharing (IRABS). Community Biodiversity Management (CBM) embed good practices, proven to be effective in in-situ conservation of biodiversity through conservation through use, they also provide a base for a range of practices which serve the basis for IRABS to be affable and affordable to local communities.