ABSTRACT
Globalization has brought new challenges to the protection of biodiversity. The unprecedented loss of biodiversity in the past few decades due to industrial exploitation and overharvesting has raised global concerns. The manner in which bioprospecting, particularly among indigenous people and the use of traditional knowledge, has been carried out in the past has also been heavily criticized, and such criticisms have centered around allegations of biopiracy, unfair distribution of benets, illegal appropriation of traditional knowledge, and unethical conduct when it comes to ling and claiming patents on indigenous biological resources.
