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Biodiversity summit to focus on profit sharing from DNA sequences

Negotiators released new U.N. proposals to share revenues from drugs, cosmetics, and agricultural biotechnology.

Photo by Scotty Turner / Unsplash

A United Nations biodiversity summit this fall seeks to give Indigenous and local communities a bigger slice of the "multitrillion-dollar revenues and other benefits“ from the DNA sequences of plants, animals and microbes.

The move comes as Germany's Astrid Schomaker, a high-ranking European Commission environmental official, became executive secretary of the Convention on Biological Diversity on Monday.

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