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Q.What is biopiracy?

Tripura TbseHigher Secondary (+2 Stage) Examination 2023Subjective· 1mImportance★★★★★
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Biopiracy refers to the exploitation of biodiversity-rich nations' bioresources and traditional/indigenous knowledge by other (often more industrialised) nations or companies without authorisation or fair compensation.

Biodiversity-rich countries lack the technology and resources to exploit their own genetic/biological resources on their own, and this is exploited commercially by industrialised nations and multinational companies without proper authorisation from the concerned country and its people, and without compensating them fairly for their knowledge/resources. Such unauthor …

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