BEGIN:VCALENDAR VERSION:2.0 PRODID:unctad.org BEGIN:VEVENT UID:6a51eb86ec632 DTSTART:20241028T071000Z SEQUENCE:0 TRANSP:OPAQUE DTEND:20241028T083000Z LOCATION:Cocuy\, Colombia SUMMARY:COP16 Side event – Advancing the Global Biodiversity Framework th rough sustainable trade: Lessons learned\, best practices and impacts of t he Global BioTrade Programme CLASS:PUBLIC DESCRIPTION:DescriptionBiodiversity is the natural capital base for a susta inable economy. The conservation of biodiversity and the sustainable use a nd trade of biodiversity-derived products and services can provide countri es valuable opportunities for economic development and improvement of live lihoods. To capture this opportunity\, in 1996 UN Trade and Development la unched the BioTrade Initiative to promote trade and investment in biodiver sity-based products and services to further sustainable development in lin e with the objectives of the Convention on Biological Diversity. The core of the Initiative is the BioTrade Principles and Criteria (P&\;C)\, a s et of guidelines for promoting sustainability across the entire value chai n.  These are implemented with partners in over 80 countries by governmen ts\, businesses and civil society across various biodiversity-based sector s.Since 2018\, UN Trade and Development and partners implement the Global BioTrade Facilitation Programme: Linking trade\, biodiversity and sustaina ble development funded by the Swiss State Secretariat of Economic Affairs SECO. It supports key stakeholders to seize and capitalize on trade opport unities for biodiversity conservation and poverty reduction while promotin g sustainable development\, thus advancing the implementation of the Kunmi ng Montreal Global Biodiversity Framework (GBF)  as well as the SDGs. It covers three areas: knowledge sharing and coordination\, creating an enabl ing policy environment and facilitating market access for BioTrade actors. ObjectiveThis event will showcase the lessons learned\, best practices and impact of the programme’s implementation by UNCTAD and partners and wil l serve as a platform to demonstrate the importance of key tools resulting from the programme such as the BioTrade Principles and Criteria updated i n 2020\, the BioTrade Self-Assessment Tool for companies and entrepreneurs to assess their practices and the Trade and Biodiversity (TraBio) Statist ical Tool that provides information on the trade of biodiversity-based pro ducts for over 180 economies since 2010. All this work contributes to adva ncing the implementation of the GBF\, including targets 5\, 6\, 7\, 9\, 10 \, 13\, 14\, 15\, 16\, 18 and 21.<\;h4>\;Description<\;/h4>\;<\; p>\;Biodiversity is the natural capital base for a sustainable economy. The conservation of biodiversity and the sustainable use and trade of biod iversity-derived products and services can provide countries valuable oppo rtunities for economic development and improvement of livelihoods. To capt ure this opportunity\, in 1996 UN Trade and Development launched the BioTr ade Initiative to promote trade and investment in biodiversity-based produ cts and services to further sustainable development in line with the objec tives of the Convention on Biological Diversity. The core of the Initiativ e is the BioTrade Principles and Criteria (P&\;amp\;C)\, a set of guide lines for promoting sustainability across the entire value chain. &\;nb sp\;These are implemented with partners in over 80 countries by government s\, businesses and civil society across various biodiversity-based sectors .<\;/p>\;<\;img src="\;/sites/default/files/inline-images/ditc-t ed-208102024-podium-1-600.jpg"\; data-align="\;right"\; data-e ntity-uuid="\;6ac6851d-0c2c-4096-9ce5-30b931ce4a5f"\; data-entity- type="\;file"\; alt="\;"\; width="\;600"\; height= "\;681\n\nView meeting on unctad.org\nhttps://unctad.org/meeting/cop16 -side-event-advancing-global-biodiversity-framework-through-sustainable-tr ade-lessons DTSTAMP:20260711T070646Z END:VEVENT END:VCALENDAR