What is bio piracy ? How can it be prevented?
Answers
Answer:
Biopiracy refers to the use of bioresources by multinational companies and other organisations without proper authorisation from the countries and people concerned without compensatory payment. It can be prevented by developing laws to obtain proper authorisation and by paying compensatory benefits.
▪the practice of commercially exploiting naturally occurring biochemical or genetic material, especially by obtaining patents that restrict its future use, while failing to pay fair compensation to the community from which it originates...
▪Biopiracy refers to the use of bioresources by multinational companies and other organisations without proper authorisation from the countries and people concerned without compensatory payment. It can be prevented by developing laws to obtain proper authorisation and by paying compensatory benefits...
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