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Global Deal on Genetic Information Use
October 31 , 2024
30 days
110
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- At the U.N. COP16 nature summit, member countries will negotiate a deal for the use of genetic information from nature, known as digital sequence information (DSI).
- The DSI refers to the digital representation of genetic codes extracted from living organisms.
- These genetic sequences are digitized and often uploaded to the public databases where they are stored for any researcher to use.
- The COP16 talks will focus on how this digital information is used and do not touch on the actual samples and specimens.
- The charge of between 0.1% to 1% on annual revenues in key sectors using DSI could generate between $1 billion and $10 billion annually.
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