Bioprospecting regulations

Bioprospecting regulations are rules that govern the exploration and collection of biological resources, like plants, microbes, or animals, for research and commercial use. They ensure fair sharing of benefits with local communities and countries where these resources originate. These laws aim to prevent exploitation, protect biodiversity, and promote sustainable use of natural assets. Regulations often require permits, consent from indigenous groups, and agreements on how benefits, such as profits or technology, are shared. Overall, they balance scientific advancement with environmental conservation and equitable resource management.