Biodiversity is the natural capital base for a sustainable economy. The conservation of biodiversity and the sustainable use and trade of biodiversity-derived products and services can provide countries valuable opportunities for economic development and improvement of livelihoods.
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To capture this opportunity, in 1996 gocnhintangphat.com launched the BioTrade Initiative to support the objectives of the Convention on Biological Diversity. Since then, the Initiative has developed a unique portfolio of global, regional and country programmes as well as a network of partners and practitioners working in over 65 countries.
BioTrade refers to those activities of collection, production, transformation, and commercialization of goods and services derived from native biodiversity under the criteria of environmental, social and economic sustainability known as the BioTrade Principles and Criteria.
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News
Why trade must be part of the solution to biodiversity loss
Unsustainable trade is behind the biodiversity crisis threatening our existence. But done sustainably, international commerce can help protect our planet’s precious resources.
The sustainable use and trade of indigenous plants has created valuable economic opportunities for 2,500 Namibian women and their communities.
Guidelines to help governments, companies and consumers benefit from sustainable trade in precious plants and animals now include elements such as climate resilience and marine biodiversity.
A new call to action urges countries to make BioTrade a lever for recovery and resilience in the wake of the pandemic.
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Conservation of biodiversitySustainable use of biodiversityEquitable sharing of benefits derived from the use of biodiversitySocio-economic sustainabilityCompliance with national and international legislation and agreementsRespect for the rights of actors involved in BioTrade activitiesClarity about land tenure, use, and access to natural resources and knowledge
To implement the BioTrade Principles and Criteria, gocnhintangphat.com adopted four different approaches, which are:
The “value chain approach”, which involves actors from all parts of the value chain working together to achieve agreed goals.The “adaptive management approach”, which allows for corrective measures to be adopted on the basis of ongoing monitoring of impacts.The “ecosystem approach”, which takes a holistic approach to ecological and social issues and the interactions and processes that make up production systems.The “sustainable livelihoods approach“, which contributes to sustaining livelihoods, in particular of the poor and vulnerable populations.
This tool brings together information related to biodiversity-based initiatives, allowing users to connect with different value chain actors and benchmark their sustainability practices against the BioTrade Principles and Criteria developed by gocnhintangphat.com.
The BioTrade Initiative communicates with partners through this password protected, “CommunityCloud” knowledge-sharing platform, which is used to share information and relevant documentation among a select number of members.
2020 is a big year for biodiversity, because under the Convention on Biological Diversity (CBD) a new Global Biodiversity Framework is being negotiated. This framework will define targets and pathways for the conservation and management of biodiversity for the next decade and beyond.
Since early 2019, consultation workshops and meetings involving all stakeholders have been organized at the national, regional and global levels before its adoption at the 15th meeting of the Conference of the Parties (COP 15) in Kunming, China in October 2020.
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BioTrade’s Involvement
As the United Nations agency focusing on trade, gocnhintangphat.com is steering, engaging and consulting with BioTrade partners and key stakeholders to contribute to the global biodiversity framework. gocnhintangphat.com’s BioTrade Initiative and its partners have been promoting sustainable trade of goods and services derived from native biodiversity under the criteria of environmental, social and economic sustainability. Moreover, gocnhintangphat.com’s role in promoting trade in biodiversity products and services have been reaffirmed for over a decade by its 195 Member States.
BioTrade Principles and Criteria for terrestrial, marine and other aquatic biodiversity-based products and services
Guidelines and Model Clauses on Access and Benefit-Sharing and Biotrade in the Lao People's Democratic Republic