UNCTAD, United Nations Conference on Trade and Development (2018) Blue biotrade: Harnessing marine trade to support ecological sustainability and economic equity. United Nations Conference on Trade and Development (UNCTAD), Switzerland.
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The United Nations Conference on Trade and Development (UNCTAD) defines BioTrade as “the activities of collection/production, transformation and commercialization of goods and services derived from native biodiversity under criteria of environmental, social and economic sustainability.” As it directly impacts the sustainability of natural-resource exploitation, BioTrade has important implications for the objectives of the Convention on Biological Diversity. BioTrade encompasses an expanding range of goods and services, including personal care, natural pharmaceuticals, and phytopharma, nature-based fashion, horticulture products, handicrafts, textiles, sustainable nature-based tourism, and forestry-based carbon credit generation. In 2015, total BioTrade sales were estimated at €4.3 billion, and over 5 million people directly benefitted from global BioTrade. In this context, the emerging concept of “Blue BioTrade”—focused on marine-based products and services—presents an exciting new tool to promote sustainability and equity. Blue BioTrade reflects the same seven criteria that define BioTrade: conservation of biodiversity, sustainable use of biodiversity, equitable benefit sharing, socioeconomic sustainability, legal compliance, respect for stakeholders’ rights, and clearly defined tenure and access to resources. The Blue BioTrade approach involves working across multiple levels of the value chain to develop sustainable livelihoods, adopt an ecosystem-based management approach, and foster swift adaptation to dynamics markets and changing ecological conditions.
| Item Type: | Documents |
|---|---|
| Keywords: | United Nations Conference on Trade and Development (UNCTAD), Trade, Maritime Trade, Sustainability, Equity, Biodiversity, Convention on Biological Diversity (CBD), Marine Products, Access and Benefit Sharing (ABS), Access Rights, Value Chain, Livelihoods, Ecosystem Based Approach, Markets |
| Subjects: | Fisheries Trade |
| Depositing User: | Jeeva ICSF Rajan |
| Date Deposited: | 21 Mar 2022 05:25 |
| Last Modified: | 21 Mar 2022 05:25 |
| URI: | http://icsfarchives.net/id/eprint/15593 |
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