Well, the Human Genome Project is almost completed. So what should we do next? Enter the All Species Inventory. These people have set the goal of inventoring all species on earth. Within 25 years. In their words:
If we discovered life on another planet, the first thing we would do is conduct a systematic inventory of that planet's life. This is something we have never done on our home planet. The aim of the All Species Inventory is simple: within the span of our own generation, record and genetically sample every living species of life on Earth. This audacious goal will be accomplished by using one billion or more dollars of philanthropic wealth to fund and train a network of local collectors and naturalists throughout the world, and to employ the latest in information technology to manage this surge of bio-information.Truly a Grand Scheme, superceded only perhaps by the 10,000 year clock.