UNCTAD BioTrade Initiative
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Description
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 nearly 100 countries.
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