Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on January 29, 2009

Bookmark and Share

Seed bank for the world threatened by financial crisis

ARDINGLY, England (Reuters) – A seed bank that is trying to collect every type of plant in the world is now under threat from the global financial crisis, its director says.

The Millennium Seed Bank Project aims to house all the 300,000 different plant species known to exist to ensure future biodiversity and protect a vital source of food and medicines, director Paul Smith said.

The project is on track to collect 10 percent of the total by 2010 but the financial crisis is drying up funding, casting serious doubts on future collections, he said.

About half the funding comes from the National Lottery and the rest from corporate donations.

But with businesses tightening their belts in the economic downturn and preparation for the 2012 London Olympics sapping lottery money, the pot is about to run dry.

Reuters



Leave a Reply

Your email address will not be published.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