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Seizing the trade and business potential of Blue BioTrade products for promoting sustainable livelihoods and conservation of marine biodiversity in selected Organization of Eastern Caribbean States (OECS) Countries
Overview
BioTrade is defined as “the activities related to the collection or production, transformation, and commercialization of goods and services derived from biodiversity (genetic resources, species, and ecosystems) under environmental, social and economic sustainability criteria.” It includes a wide range of practices, good and services in a variety of sectors. Since 2017, UNCTAD, the Development Bank of Latin America (CAF), CITES and the International Ocean Institute (IOI) have explored and researched how to adapt the BioTrade Principles and Criteria (BT P&C) to the marine environment, known as Blue BioTrade. The implementation of these guidelines can foster sustainable use of scarce oceanic resources and lessen the negative impacts of humans over marine ecosystems, directly contributing to achieving SDG 14 and 15. Still, trade of marine biodiversity-based products and services remains largely unexplored. In this context, this project is designed as a pilot project to test the application of the BT P&C (2020) into the marine realm. For this phase, the value chain of the Queen Conch (Strombus gigas) was selected in three countries: Saint Vincent and the Grenadines, Grenada, and Saint Lucia. Each country is a major queen conch producer in the Caribbean region, with its own challenges and realities. The main objective of the project was ‘to empower small-scale coastal producers from OECS member states to produce and trade queen conch products in domestic, regional, and international markets under the Blue BioTrade environmental, social, and economic sustainability criteria, including CITES. Overall, the BBT project sought to complement and reinforce the work done in the region concerning sustainable use of marine resources, as well as facilitate stakeholders’ compliance with existing regulatory requirements. It also addressed key economic, environmental, and social objectives of the regional OECS Development Strategy 2019-2028.Report Details
| Year Published | |
| Type | |
| Joint | No |
| Partner/s | N/A |
| SDG/s | |
| Consultant name | Evan Green |
| Agency Focal Point | Nishta Keeble |
| Focal Point Email | nishta.keeble@un.org |
| Managed by Independent Evaluation Office | Yes |
| Country/ies |
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Seizing the trade and business potential of Blue BioTrade products for promoting sustainable livelihoods and conservation of marine biodiversity in selected Organization of Eastern Caribbean States (OECS) Countries
