Plant genetic resources are crucial for world agriculture, food security and the global economy. They are vital for the pharmaceutical industry and are important assests for developing countries rich in biodiversity. The patents and intellectual property rights (IPRs) associated with the development of new products are critical to trade in these resources.
Today, there is increasing recognition that traditional and indigenous knowledge systems can provide alternative strategies for the conservation and sustainable use of natural resources, a realisation that is strongly reflected in the Convention on biological diversity. However, there is a fear that this interest in traditional knowledge systems will lead to the basic human, cultural and scientific rights of indigenous people being sidelined, something the CBD fails to address adequately.