22 May 2013

Partnership Paves Way to Ethical Sourcing of Biodiversity in Tanzania, Mozambique and Malawi

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Nairobi, Kenya, 22 May 2013 – International Day for Biodiversity — IFC, a member of the World Bank Group, is partnering with non-profit organizations PhytoTrade Africa, and the Union for Ethical BioTrade to promote ethical sourcing of products by the private sector in Tanzania, Mozambique and Malawi. The partnership will contribute to protect nature and reduce poverty in these countries.

Africa is rich in biodiversity and there are many opportunities for ethically sourced African products in the cosmetics and food sector.

Rik Kutsch Lojenga, Executive Director of Union for Ethical BioTrade said, “When we asked 5,000 consumers what would make them purchase a product containing natural ingredients from Africa, protecting biodiversity and improving livelihoods of African producers were the two most popular responses. This partnership will allow us to build on this opportunity and promote ethical sourcing of biodiversity in Mozambique, Malawi and Tanzania.”

Through ethical sourcing practices, cosmetics, food and beverage companies can make an important contribution to the conservation of biodiversity. The United Nations has proclaimed May 22 to be the International Day for Biological Diversity to increase understanding and awareness of biodiversity.

Read the whole press release here: UEBT PR BioTrade Africa PR

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