The economic costs of conserving genetic resources at the CGIAR centres

The 11 genebanks of the Consultative Group on International Agriculture (CGIAR) have grown considerably in size over the past few decades, currently holding about 666,000 accessions of germplasm. Conserving germplasm is a very long run, if not in perpetuity, proposition. The mismatch between the mai...

Descripción completa

Detalles Bibliográficos
Autores principales: Koo, Bonwoo, Pardey, Philip G., Wright, Brian D.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Wiley 2003
Materias:
Acceso en línea:https://hdl.handle.net/10568/157868
_version_ 1855519302769180672
author Koo, Bonwoo
Pardey, Philip G.
Wright, Brian D.
author_browse Koo, Bonwoo
Pardey, Philip G.
Wright, Brian D.
author_facet Koo, Bonwoo
Pardey, Philip G.
Wright, Brian D.
author_sort Koo, Bonwoo
collection Repository of Agricultural Research Outputs (CGSpace)
description The 11 genebanks of the Consultative Group on International Agriculture (CGIAR) have grown considerably in size over the past few decades, currently holding about 666,000 accessions of germplasm. Conserving germplasm is a very long run, if not in perpetuity, proposition. The mismatch between the mainly annual funding support for this conservation effort and its very long‐term nature and intent is a serious concern. Using the results of five CGIAR genebank case studies (accounting for 87% of the total CGIAR genebank holdings), we estimate the size of an endowment or trust fund that would be required to assure a funding stream to conserve this genetic material for future generations. The annual cost (in year 2000 US$) of conserving and distributing the genetic material presently held in all 11 CGIAR genebanks is estimated to be 5.7 million US$ (mUS$), which could be maintained for all future generations by setting aside a fund of 149 mUS$ (invested at a real rate of interest of 4% per annum). This would be sufficient to underwrite the costs for the CGIAR's current conservation activities in perpetuity (estimated to be 61 mUS$), as well as the cost of maintaining the distribution activities (88 mUS$) that provide germplasm to breeders, scientists, farmers and others world wide.
format Journal Article
id CGSpace157868
institution CGIAR Consortium
language Inglés
publishDate 2003
publishDateRange 2003
publishDateSort 2003
publisher Wiley
publisherStr Wiley
record_format dspace
spelling CGSpace1578682025-12-08T10:11:39Z The economic costs of conserving genetic resources at the CGIAR centres Koo, Bonwoo Pardey, Philip G. Wright, Brian D. genetic resources storage costs The 11 genebanks of the Consultative Group on International Agriculture (CGIAR) have grown considerably in size over the past few decades, currently holding about 666,000 accessions of germplasm. Conserving germplasm is a very long run, if not in perpetuity, proposition. The mismatch between the mainly annual funding support for this conservation effort and its very long‐term nature and intent is a serious concern. Using the results of five CGIAR genebank case studies (accounting for 87% of the total CGIAR genebank holdings), we estimate the size of an endowment or trust fund that would be required to assure a funding stream to conserve this genetic material for future generations. The annual cost (in year 2000 US$) of conserving and distributing the genetic material presently held in all 11 CGIAR genebanks is estimated to be 5.7 million US$ (mUS$), which could be maintained for all future generations by setting aside a fund of 149 mUS$ (invested at a real rate of interest of 4% per annum). This would be sufficient to underwrite the costs for the CGIAR's current conservation activities in perpetuity (estimated to be 61 mUS$), as well as the cost of maintaining the distribution activities (88 mUS$) that provide germplasm to breeders, scientists, farmers and others world wide. 2003-12 2024-10-24T12:52:16Z 2024-10-24T12:52:16Z Journal Article https://hdl.handle.net/10568/157868 en Limited Access Wiley Koo, Bonwoo; Pardey, Philip. G.; Wright Brian D. 2003. The economic costs of conserving genetic resources at the CGIAR centres. Agricultural Economics 29(3): 287-297. https://doi.org/10.1111/j.1574-0862.2003.tb00165.x
spellingShingle genetic resources
storage
costs
Koo, Bonwoo
Pardey, Philip G.
Wright, Brian D.
The economic costs of conserving genetic resources at the CGIAR centres
title The economic costs of conserving genetic resources at the CGIAR centres
title_full The economic costs of conserving genetic resources at the CGIAR centres
title_fullStr The economic costs of conserving genetic resources at the CGIAR centres
title_full_unstemmed The economic costs of conserving genetic resources at the CGIAR centres
title_short The economic costs of conserving genetic resources at the CGIAR centres
title_sort economic costs of conserving genetic resources at the cgiar centres
topic genetic resources
storage
costs
url https://hdl.handle.net/10568/157868
work_keys_str_mv AT koobonwoo theeconomiccostsofconservinggeneticresourcesatthecgiarcentres
AT pardeyphilipg theeconomiccostsofconservinggeneticresourcesatthecgiarcentres
AT wrightbriand theeconomiccostsofconservinggeneticresourcesatthecgiarcentres
AT koobonwoo economiccostsofconservinggeneticresourcesatthecgiarcentres
AT pardeyphilipg economiccostsofconservinggeneticresourcesatthecgiarcentres
AT wrightbriand economiccostsofconservinggeneticresourcesatthecgiarcentres