19 December 2013
During the first session of the Congress high-level speakers acknowledged the significant contribution of biodiversity and ecosystems services as key inputs to a wide variety of goods and services, as well as to climate change mitigation and poverty eradication in rural areas.
The trade value of biodiversity-derived products in key industries illustrates the importance of biodiversity for the emergence of a green economy. Estimations by the Convention on Biological Diversity (CBD) Secretariat indicate that the natural ingredient driven cosmetic industry alone is worth $26 billion. Similarly, the natural beverage industry represents about $23 billion, the seed and crop industry $43 billion and botanicals sales approximately $85 billion. This success has been mostly driven by rising consumer awareness, interest and choices that take on board ethical, biodiversity-friendly and sustainability considerations when purchasing goods and services.
Read more from UNCTAD here.