For decades, western multinational companies have been profiting by exploiting plant, animal, or microbial genetic resources obtained from less developed countries. Take the neem tree, for example. Since the 1990s, international companies have registered more than 70 patents on products derived from India’s “tree of life.” Yet these patents have prohibited local people from using these trees (as they had for centuries) to make cosmetics, fertilizers, and medicines.

International companies have now turned their eyes to the high seas in a new hunt for genetic resources. Concerned they will be left out of the potentially profitable patents once again, developing nations are demanding equitable use and benefit sharing of genetic resources in ongoing global ocean treaty negotiations.