Bioeconomy is key to advancing the Global Biodiversity Framework

Biodiversity and non-timber forest products (NTFPs) represent a crucial opportunity for tropical countries, which are characterized by exceptional biological richness and, at the same time, face significant social and economic challenges. These products, which include fruits, seeds, flowers, resins and other plant resources, are deeply embedded in natural ecosystems and the traditional practices of local communities. Incorporating these resources into the bioeconomy offers a pathway to sustainable development but also poses complex logistics, technology, sustainability, and innovation challenges. It is essential to ensure that these resources generate added value and meet environmental, social, and economic standards, respecting traditional knowledge and strengthening local economies.

What to expect at this event?

This official COP16 Green Zone event will address key issues related to targets 5 and 9 (sustainable use and trade of wild species), 14 (mainstreaming biodiversity into policies), and 15 (promoting sustainable business practices) of the Kunming-Montreal Global Biodiversity Framework. The importance of creating and maintaining favorable conditions for the establishment of sustainable rural enterprises, the development of organized value chains, and equitable access to markets will be highlighted as key strategies for promoting the sustainable use of biodiversity in biologically rich regions.

Participants will analyze the barriers that impede the conservation and sustainable use of biodiversity through the use, processing, and marketing of non-timber forest products (NTFPs) on three fronts: public policies, business organization and value chains, and innovation and technological development.

More information

The agenda for this event will be published soon. In the meantime, discover SEI’s work analyzing the potential of value chains for the bioeconomy and driving the sustainable use of biodiversity in Latin America.