Unlikely Duo Authors Biodiversity Business Report. ENS, March 31, 2008. "As the world wakes up to the accelerating loss of biological diversity, businesses are increasingly viewing biodiversity conservation as a potential profit center, says a new collaborative report from one of the world's largest conservation organizations and one of the world's largest international oil, gas and chemicals companies. Issued Thursday, [a report called Building Biodiversity Business (PDF 164 pp) written jointly by] the International Union for Conservation of Nature and Shell International calls for policy reforms to increase the commercial rewards for conserving biodiversity. One [such] business that is growing quickly is bioprospecting, the search for new compounds, genes and organisms in the wild. The report suggests the sector could be worth as much as $500 million by 2050. 'For businesses to conserve biodiversity it must ultimately become more profitable to protect nature and use natural resources sustainably, rather than ignore or destroy it,' says Sachin Kapila, group biodiversity adviser at Shell International and a co-author of the report."
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