By Joseph Henry Vogel Economic metaphors can be ironic, unexpectedly so. The 15th Conference of the Parties (COP15) to the 1992 UN Convention on Biological Diversity (CBD) established a “multilateral mechanism for benefit-sharing from the use of digital sequence information on genetic resources, including a global fund” (Decision 15/9). The Acting Executive Secretary of the Secretariat heralds the mechanism as a “landmark.” Hope runs high. Global biotechnology sales will soon reach $1 trillion per year. Hundreds of billions are needed to finance the conservation of biodiversity. Decision 15/9 …
