And, after 16 years of meetings, the 168 nations that have ratified the Convention on Biodiversity (CBD) agreed to a final two-year timetable to establish an asset and benefit sharing (ABS) regime. ABS is about access to biodiversity and equitable sharing of benefits resulting from its use. The intent is to end "biopiracy" -- the exploitation of indigenous plants and animals for profit without permission or compensation -- and reverse countries' denial of access to any native species for scientific or commercial purposes. Half of all synthetic drugs have been derived from plants or insects.
…"Without a legally binding ABS regime, we cannot build tomorrow's green economy," said Achim Steiner, executive director of the U.N. Environment Programme....
A Howard Pyle painting of a pirate. Maybe he's a bio-pirate, too, though he looks a little too dashing to go around stealing the developing world's biological riches. From Pyle's Book of Pirates, Wikimedia Commons.
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