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Q.Briefly write about Biopiracy.

Punjab PsebPSEB Punjab Class 12 Board 2018Subjective· 2mImportance★★★★★
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Biopiracy is exploiting a nation's biodiversity/traditional knowledge (e.g., through patents) without authorisation or fair benefit-sharing.

Developing, biodiversity-rich countries like India possess vast bio-resources and centuries of traditional knowledge about their use (medicinal plants, crop varieties, etc.). Biopiracy refers to the practice where organisations (often multinational companies from developed countries) use this biodiversity and traditional knowledge — extracting genetic material, compounds, or indigenous know-how — without proper authorisation from the country of origin or its people, and without paying fair compensation for it, often going on to patent products derived from it as their own innovation.

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