Australia’s very valuable new pastures genebank

A video has just surfaced about the Australian Pastures Genebank, courtesy of the Grains Research and Development Corporation (GRDC), starring my mate Steve Hughes. Here are the headline numbers: 70K accessions, 2K species, collected over 60 years, ROI 119:1. Say what? Return on investment in a genebank of over 100 to 1? How come I’ve never come across this before? Well, it’s from a 2007 report to the Steering Committee of Australia’s National Genetic Resource Centre entitled “Benefit-cost analysis of the proposed National Genetic Resources Centre.” And I can’t find it online. But Steve has promised to send it. Stay tuned…

2 Replies to “Australia’s very valuable new pastures genebank”

  1. How would you actually quantify the gains from investment of a seed accession? Would this mean accounting for profits in the private sector too?
    Very interested in seing this report too.

Leave a Reply

Your email address will not be published. Required fields are marked *