At the 7th BioTrade Congress in Geneva, UNCTAD and partners gave a renewed push for stronger trade policies and governance to help tackle the biodiversity crisis. Both the BioInnovation Africa project and the ABS Capacity Development Initiative were represented and actively participated in the sessions and panel discussions.
Accelerating business contributions through value chains
Friedrich zur Heide, project coordinator of the BioInnovation Africa project (BIA), presented BIA’s value chain approach and concrete ways for companies to advance conservation, restoration, and sustainable use of biodiversity, as well as social and equity issues. As a panelist, he discussed opportunities and priorities for business engagement, including in policy processes linked to the Kunming-Montreal Global Biodiversity Framework, together with representatives from the World Economic Forum (WEF), Business for Nature, the Union for Ethical Biotrade (UEBT), and the Government of Colombia.
The Congress is a global gathering of trade and biodiversity experts and practitioners for a high-level exchange on key links between trade and biodiversity. Deliberations from the congress will support the implementation of the Sustainable Development Goals, and the landmark Kunming-Montreal Global Biodiversity Framework, aimed at halting and reversing biodiversity loss by 2030.
April 2024