The term "biodiversity cartel" is a strategic concept being explored by the Global South.
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The Lima standoff and the rise of “biodiversity cartels”: A Global South Perspective
The concept of a "biodiversity cartel" is emerging from the Global South, indicating its growing awareness of collective bargaining power over biological resources. This perspective likens biodiversity's value to "data as the new oil," highlighting its strategic importance. It signifies a potential shift in global environmental governance and resource distribution, crucial for understanding international relations and environmental policy in competitive exams.
Source: Down To Earth. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
Revision structure
Key points
Exam-ready takeaways
It represents the Global South's realization of its collective bargaining power regarding biological resources.
The economic and strategic value of biodiversity is explicitly equated with "data as the new oil."
This initiative aims to strengthen the Global South's position in global resource governance and negotiations.
The underlying principle is to ensure more equitable benefits from the utilization of biodiversity.
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