A UN nature summit in Colombia yesterday agreed on the creation of a fund to share the profits of digitally sequenced genetic data taken from animals and plants with the communities they come from.
Such data, much of it from species found in poor countries, is notably used in medicines and cosmetics that can make their developers billions.
Few, if any, benefits of the data — often downloaded from free-access online databases — ever trickle down to the communities who discovered a species’ usefulness in the first place.
Photo: AFP
The issue had been a bone of contention at the 16th UN Biodiversity Conference of the Parties (COP16) to the UN Convention on Biological Diversity that opened in Cali nearly two weeks ago.
The previous summit, COP15 in Montreal, had agreed on the creation of a “multilateral mechanism” for sharing the benefits of digitally sequenced genetic information (DSI), “including a global fund.”
However, in Cali, negotiators argued for nearly two weeks over basic questions such as who pays, how much, into which fund and to whom the money should go.
After a last-minute compromise, member countries of the convention agreed on the creation of a “Cali Fund” for the equitable sharing of DSI benefits.
The agreement determines that users who commercially benefit from DSI “should contribute a proportion of their profits or revenue to the global fund.”
Those whose income exceeds a certain income threshold should contribute one percent of profits or 0.1 percent of revenue, the document determined.
The nonbinding agreement lists targeted sectors including the producers of pharmaceuticals, food and health supplements, cosmetics, biotechnology, and agribusiness.
UN Secretary-General Antonio Guterres had urged delegates at the start of the talks to approve a mechanism to govern DSI use so that benefits can be shared equitably.
“Developing countries are being plundered,” he said.
“Digitized DNA from biodiversity underpins scientific discoveries and economic growth, but developing countries don’t gain fairly from these advances — despite being home to extraordinary richness,” he said.
Scheduled to close on Friday, the summit ran many hours into overtime as delegates quarreled over the minutiae of text.
Many delegates had already left the conference by the time the deal was adopted, rushing to catch planes back home.
AIR DEFENSE: The Norwegian missile system has proved highly effective in Ukraine in its war against Russia, and the US has recommended it for Taiwan, an expert said The Norwegian Advanced Surface-to-Air Missile Systems (NASAMS) Taiwan ordered from the US would be installed in strategically important positions in Taipei and New Taipei City to guard the region, the Ministry of National Defense said in statement yesterday. The air defense system would be deployed in Taipei’s Songshan District (松山) and New Taipei City’s Tamsui District (淡水), the ministry said, adding that the systems could be delivered as soon as the end of this year. The US Defense Security Cooperation Agency has previously said that three NASAMS would be sold to Taiwan. The weapons are part of the 17th US arms sale to
INSURRECTION: The NSB said it found evidence the CCP was seeking snipers in Taiwan to target members of the military and foreign organizations in the event of an invasion The number of Chinese spies prosecuted in Taiwan has grown threefold over a four-year period, the National Security Bureau (NSB) said in a report released yesterday. In 2021 and 2022, 16 and 10 spies were prosecuted respectively, but that number grew to 64 last year, it said, adding that the Chinese Communist Party (CCP) was working with gangs in Taiwan to develop a network of armed spies. Spies in Taiwan have on behalf of the CCP used a variety of channels and methods to infiltrate all sectors of the country, and recruited Taiwanese to cooperate in developing organizations and obtaining sensitive information
BREAKTHROUGH: The US is making chips on par in yield and quality with Taiwan, despite people saying that it could not happen, the official said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has begun producing advanced 4-nanometer (nm) chips for US customers in Arizona, US Secretary of Commerce Gina Raimondo said, a milestone in the semiconductor efforts of the administration of US President Joe Biden. In November last year, the commerce department finalized a US$6.6 billion grant to TSMC’s US unit for semiconductor production in Phoenix, Arizona. “For the first time ever in our country’s history, we are making leading edge 4-nanometer chips on American soil, American workers — on par in yield and quality with Taiwan,” Raimondo said, adding that production had begun in recent
Seven hundred and sixty-four foreigners were arrested last year for acting as money mules for criminals, with many entering Taiwan on a tourist visa for all-expenses-paid trips, the Criminal Investigation Bureau (CIB) said on Saturday. Although from Jan. 1 to Dec. 26 last year, 26,478 people were arrested for working as money mules, the bureau said it was particularly concerned about those entering the country as tourists or migrant workers who help criminals and scammers pick up or transfer illegally obtained money. In a report, officials divided the money mules into two groups, the first of which are foreigners, mainly from Malaysia