November 11, 2008

News Release: Who Owns Nature?

New report warns of corporate concentration, commodification of nature; highlights global resistance grounded in "Food Sovereignty"
 ETC Group released a 48-page report, "Who Owns Nature?" on corporate concentration in commercial food, farming, health and the strategic push to commodify the planet's remaining natural resources.

In a world where market research is becoming increasingly proprietary and pricey, ETC Group's report names names, discloses market share and provides top 10 industry rankings up and down the corporate food chain. Not all the corporations identified in ETC Group's new report are household names, but collectively they control a staggering share of the commercial products found on industrial farms, in our refrigerators and medicine cabinets.

An international advocacy organization based in Canada, ETC Group has been monitoring corporate power in the industrial life sciences for the past 30 years. The report reveals that:
 
  • From thousands of seed companies and public breeding institutions three decades ago, 10 companies now control more than two-thirds of global proprietary seed sales
  • From dozens of pesticide companies three decades ago, 10 now control almost 90% of agrochemical sales worldwide
  • From almost 1,000 biotech start-ups 15 years ago, 10 companies now account for three-quarters of industry revenues
  • The top 10 pharmaceutical companies control 55% of the global drug market

With collapsing systems - eco, climate, food and financial - as the backdrop, Who Owns Nature? warns that, with engineering of living organisms at the nano-scale (a.k.a. synthetic biology), industry is setting the stage for a corporate grab that extends to all of nature.

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