Valuing crop genetic resources Author Brush S. Journal/Series The Journal of Environment & Development | Vol. 5(4); 416 - 433; 18 p. Date 1996 Source IUCN (ID: ANA-059657) Publisher | Place of publication University of California | San Diego, CA, USA Language English Field of application International Subject Agricultural & rural development, Wild species & ecosystems Keyword Genetic resources Management/conservation Agriculture and environment Wild flora Resource/damage valuation Abstract Although crop genetic resources have been recognised as valuable, there has been little progress in specifying a financial value. Crop genetic resources are made up of two primary components, crop gene pools and agro- ecosystems, with six different subcomponents within these. Markets for determining value of crop genetic resources are generally nonexistent or inadequate, a situation that is compounded by their historic status as public goods. Both providers of crop genetic resources and conservation underwriters now look for more exact appraisals of the value, largely in response to the Convention on Biological Diversity. Various methods of assessing value are reviewed. Prospective equity for conservation should replace equity for previous transfers. Market approaches using intellectual property and contracting are unsuitable for crop genetic resources, but nonmarket methods are available. Different approaches are required for different types of crop genetic resources and for estimates of their private value to farmers and their social value. Other references Treaty Convention on Biological Diversity Treaty | Multilateral | Rio de Janeiro | Jun 22, 1992 Keyword: Sustainable use, Subsidy/incentive, Policy/planning, Ecosystem preservation, Access and benefit sharing, Traditional rights/customary rights, Protected area, Management/conservation, Financing, Institution, Liability/compensation, Protection of habitats, Alien species, Biodiversity, EIA, Research, Monitoring, Genetic resources, Dispute settlement, Ex-situ conservation, Data collection/reporting, Technology transfer, Biotechnology, Education, Crops/grasses Source: IUCN (ID: TRE-001148)