Question

What do you understand by biopiracy?

Hint:

Biopiracy violates ethical, legal, and environmental standards by exploiting resources without fair compensation.

Answer 1

Step 1: What is Biopiracy?
Biopiracy refers to the exploitation of natural resources, especially genetic resources and traditional knowledge, without proper authorization or compensation to the indigenous people or countries who are the original source.
Step 2: Key Examples of Biopiracy.
1. Patent of Medicinal Plants: Many pharmaceutical companies have patented medicinal compounds derived from plants native to specific regions without compensating the communities that used them. 2. Genetic Material: The use of genetic material from indigenous species without consent or fair compensation.
Step 3: Conclusion.
Biopiracy undermines the rights of indigenous communities and threatens biodiversity conservation efforts.
Final Answer: \[ \boxed{\text{Biopiracy is the unauthorized use and exploitation of natural resources and traditional knowledge.}} \]