npj Ocean Sustainability (Sep 2024)

A review of marine genetic resource valuations

  • Tilde Krusberg,
  • Lova Schildt,
  • Jean-Baptiste Jouffray,
  • Erik Zhivkoplias,
  • Robert Blasiak

DOI
https://doi.org/10.1038/s44183-024-00081-7
Journal volume & issue
Vol. 3, no. 1
pp. 1 – 10

Abstract

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Abstract Marine biotechnology is a rapidly growing sector of the ocean economy, but efforts to assess its value, and that of the genetic resources that enable it, remain contentious. Through a comprehensive literature review, we identified 67 distinct valuations of marine genetic resources. We analysed these using the IPBES Values Assessment typology and found a predominance of behaviour-based valuations using economic value indicators to assess monetary benefits from marine drug discovery.