Description

UNCTAD defines “BioTrade” as “…the activities of collection/production, transformation and commercialisation of goods and services derived from native nbiodiversity under criteria of environmental, social and economic sustainability”. Based on best practices, lessons learned and the successes of BioTrade’s 26 years of implementation in nearly 100 countries, and building on international mandates
and agreements on the conservation and sustainable use of the ocean and its resources, the emerging concept of Blue BioTrade has considerable potential to promote sustainability and equity in the production of marine-based goods and services, subject to the following minimum eligibility requirements