Green Economy sectoral study: Biotrade a catalyst for transitioning to a Green Economy in Namibia.
Namibia is to be part of Green Economy movement worldwide, to position herself in a long term competitive and sustainable manner. IECN coordinated a part of a Biotrade Capacity Building project implemented by CRIAA-SADC.
It is asserted that also developing countries will benefit greatly in the long term if Green Economy principles are adhered to – for Namibia potentially of great importance in the context of Vision 2030, which aims to develop Namibia into a fully industrialized country at that time. Following up on the workshop on the Rapid Trade and Environment Assessment (2011) and the Capacity Building for Trade Workshop co-facilitated by IECN in 2009, the joint GTZ and UNEP-UNCTAD Capacity Building Task Force commissioned IECN to coordinate the development of the Green Economy Study for Namibia. The study is only one activity of the overall Biotrade Capacity Building project implemented by CRIAA-SADC.
Namibia is one of three countries (Namibia, Nepal, Peru) taking part in the Capacity Building for Biotrade (CBBT) project financed by the German International Cooperation Projects (GIZ) and coordinated internationally by the United Nations Environment Programme (UNEP) under the Capacity Building Task Force on Trade, Environment and Development. It is associated with the larger Biotrade Capacity Development project led by SADC-CRIAA in Namibia and housed within the Ministry of Trade and Industry (MTI). The project aims to build the capacities of policymakers to facilitate sustainable growth of the Biotrade sector and strengthen the abilities of investors, small and medium enterprises (SMEs) and NGOs to engage in Biotrade.
In light of the recent and ongoing global financial, economic and environmental crises it is clear that new and improved economic models are needed to achieve sustainable development goals. Biotrade presents opportunities to transition to a greener approach to economic and social development, by instigating the sustainable use of biodiversity and the equitable sharing of its benefits and thereby creating jobs, contributing to GDP, creating new economic opportunities for the poor and marginalised communities, and preventing the degradation of natural resources.
In this regard, the Biotrade Green Economy study aims to highlight the costs of the unsustainable use of biodiversity and the wide-ranging benefits of Biotrade, as well as provide recommendations for focusing policy and investment to promote the strengthening and further development of Biotrade sectors in Namibia. The study will build on Namibia’s experience in promoting Green Economy elements and provide detailed case studies of specific Biotrade-related sectors to further elaborate a strategic and comprehensive analysis of a Green Economy development framework for Biotrade.
IECN organised the 1st National Workshop on Namibia's Green Economy Study, which was held in Windhoek on 24 August 2010, as part of the Capacity Building for Biotrade project under the Ministry of Trade and Industry. The Namibian Biotrade study was launched at the International Conference on Biotrade scheduled on the 30 May to the 01 June 2012 in Windhoek, Namibia. The conference was organised as part of the Capacity Building for Biotrade (CBBT) Project and the key objectives of this conference was to better understand and frame Biotrade, share information about economic development and trade opportunities offered by biodiversity resources and possibly transforming these opportunities into reality.