BIOTRADE, Impact of BioTrade in Peru, challenges and opportunities

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.

To capture this opportunity, in 1996 UNCTAD 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 80 countries.

BioTrade is when a product or service sourced from biodiversity is commercialized and traded in a way that respects people and nature.

The BioTrade Principles and Criteria (P&C), developed by UNCTAD, is a set of guidelines for businesses, governments and civil society wishing to support the conservation and sustainable use of biodiversity, as well as the fair and equitable sharing of benefits through trade.

Today they are implemented and fostered by government organizations, business associations, NGOs, and companies in over 80 countries.

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