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It says “effective regulation” is needed across supplychains to ensure trade is sustainable and beneficial for exporting countries, noting that illegal trade of wild species – worth an estimated US$199 billion annually – often leads to unsustainable use. Almost 140 governments attended the Bonn conference.
Jakob Thomae, Project Director at the Inevitable Policy Response (IPR), cautions against reading too much into a specific form of words in a single document. That’s a good outcome for a consensus document.” Tripling renewables means addressing land use and planning, threats to biodiversity, and supplychain-related issues,” he says.
Investing in traceability and fostering accountability throughout supplychains could improve sustainability and profits in the seafood sector. The overexploitation of marine biodiversity has substantial environmental and financial implications that investors should not ignore. Theres no way this could happen on land.
Further, a recent report by the UN Environment Programme (UNEP) and the Sabin Center for Climate Change Law at Columbia University, showed that climate litigation is becoming an integral part of securing climate action and justice.
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