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BioTrade
holds Meeting on the Union for Ethical BioTrade in Paris
On 13 September 2006, the BioTrade
Initiative convened a Business Meeting to discuss the creation
of the Union for Ethical BioTrade (UEBT) in Paris. The event
brought together companies from the cosmetic and health
industries.
The primary objective of this business
meeting was to present the progress made in an initial proposal
for the UEBT. Aldivia (France) and Natura (Brazil)
were invited to present their business models. They showed that
adhering to the BioTrade
Principles and Criteria makes business sense, their products
being bought by an increasing number of consumers that are
interested sustainability, biodiversity, and equitable trade.
They both expressed a need for a mechanism that can allow for
recognition of their efforts to promote the sustainable use of
biodiversity and the sharing of benefits derived from this use.
The UEBT was presented as an instrument to
bring together businesses from different industries around the
globe that are sourcing materials from biodiversity and are
committed to the BioTrade Principles and Criteria. The BioTrade
Principles and Criteria, verified via the UEBT, offer
enterprises a way to positively contribute to meeting the
requirements of the Convention on Biological Diversity.
Finally, a Steering Group was created from
among participants to provide input to strategic during the
formulation phase of the UEBT. The BioTrade Initiative will
facilitate this phase, bringing together the contributions of
different stakeholders.
To download the full report, click
here.
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