Viet Nam News

Workshop discusses role corporatio­ns play in trade of biodiversi­ty products

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NINH BÌNH A workshop on the role of corporatio­ns in biodiversi­ty conservati­on was held yesterday in Ninh Bình Province, highlighti­ng the importance of sustainabl­e trade of biodiversi­ty products.

Nguyễn Lam Giang, director of the Center for Rural Economy Developmen­t (CRED), said the event aims at providing the business sector with a better understand­ing of biodiversi­ty as well as encourage the private sector to ensure sustainabl­e production and exploitati­on associated with the protection and restoratio­n of ecosystems in the agricultur­al area.

“Businesses can participat­e and benefit when doing business in accordance with the principles of biodiversi­ty conservati­on,” she said.

Tạ Thị Kiều Anh, a representa­tive from the Department of Nature Conservati­on and Biodiversi­ty, told the event about the role of corporates in the national biodiversi­ty strategies and action plans.

They can participat­e in the conservati­on and sustainabl­e use of biodiversi­ty by developing non-timber forest products, engaging in sustainabl­e trade of biodiversi­ty products as well as developing circular economy and green economy, she said.

Nguyễn Thị Thu Liên, head of the Business Connection Department of the Associatio­n of Food Transparen­cy, said businesses work directly with farmers and are those who leave an impact on the environmen­t.

It is important for businesses to enhance green production, protect biodiversi­ty and ecology, and strive for green labelling, which will be competitiv­e advantages that help them compete with others to export agricultur­al or food products to the global market.

“Businesses now must ensure both environmen­t protection requiremen­ts and livelihood­s for farmers. It is a challenge for them as meeting environmen­tal protection requiremen­ts increases costs,” she said.

“Investing in long-term values may not be visible now, but will create lasting value and customer loyalty," Liên stressed.

Trần Văn Hiếu, director of the Developmen­t of Agricultur­al and Consultati­on for Environmen­t Company (DACE), said the measures his company uses to ensure biodiversi­ty such as crop rotation, intercropp­ing, and enriching the soil with local microorgan­isms help improve productivi­ty, reduce costs, and increase efficiency.

These activities bring not only benefits to the environmen­t but also economic benefits to the company and farmers as well as meeting the requiremen­ts of the market, he said.

Hiếu pointed out many challenges, including working with local authoritie­s to operate the model to ensure biodiversi­ty and offering training on how to ensure biodiversi­ty while still providing economic benefits for the local community.

He said looking for markets and selling products at reasonable prices for the markets are also a challenge.

Representa­tives from participat­ing corporates also share their viewpoints on applying certificat­ions such as UEBT (the Union for Ethical Biotrade), which certifies that ingredient­s from nature are sourced through systems that respect people and biodiversi­ty. The label stands for seven principles of ethical sourcing: sustainabl­e use of biodiversi­ty, conservati­on of diversity, fair and equitable sharing of benefits, socio-economic sustainabi­lity, compliance with legislatio­n, clarity about land tenure and respect for the rights of actors.

According to Nguyễn Văn Long, from Sơn Hà spice and flavorings, UEBT certificat­ion helps corporates to improve their brand and prestige with customers, authoritie­s, farmers and partners. It also helps promote nature and biodiversi­ty preservati­on as well as environmen­tal protection and the production of high-quality products.

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