What is BioTrade?
What is BioTrade?
BioTrade refers to the collection, production, transformation, and commercialization of goods and services derived from native biodiversity (species and ecosystems) under the criteria of environmental, social and economic sustainability.
How is BioTrade important to the world market?
It contributes to the conservation and sustainable use of biodiversity, the minimisation of negative impacts on people and environment, and the generation of economic benefits for rural farmers. Its products can include those coming from wild collection or from cultivation practices.
What is biodiversity magazine?
It refers to the variety of plant and animal species in terms of genetic diversity within a species; species diversity (different plants, animals, micro-organisms) within a habitat or region; and ecosystem diversity (different habitats: forests, lakes, meadows) in a given place.
What is biodiversity sustainability?
Sustainable Use of Biodiversity. To use biodiversity in a sustainable manner means to use natural resources at a rate that the Earth can renew them. It’s a way to ensure that we meet the needs of both present and future generations.
When was BioTrade initiative launched?
1996
The BioTrade Initiative was launched in 1996 by the United Nations Conference on Trade and Development (UNCTAD) and aims to foster trade and investment in biodiversity to further sustainable development in line with the three objectives of the Convention on Biological Diversity (CBD).
What is biodiversity trade?
BioTrade principles and criteria The organization defines BioTrade as the sustainable collection, production, transformation and commercialization of goods and services derived from biodiversity. Over the past 25 years, the initiative has created more than 5 million jobs, and BioTrade sales topped $6 billion in 2019.
What is biodiversity in simple words?
Biodiversity is all the different kinds of life you’ll find in one area—the variety of animals, plants, fungi, and even microorganisms like bacteria that make up our natural world. Each of these species and organisms work together in ecosystems, like an intricate web, to maintain balance and support life.
What are the major trades of biodiversity?
In general terms trade affects biodiversity directly in all its multi- ple facets like pharmaceutical, agricultural, biotechnological, and ecosystem services. As long as subsidies keep distorting the use of resources, they will continue to affect biodiversity.
Why should we protect biodiversity?
Biodiversity is the key indicator of the health of an ecosystem. A wide variety of species will cope better with threats than a limited number of them in large populations. Even if certain species are affected by pollution, climate change or human activities, the ecosystem as a whole may adapt and survive.