The Copernicus Institute of Sustainable Development recently released the report 'Biodiversity Business from India to Peru'. The study, commissioned by Hivos, provides new insights in the impacts and success factors of the upcoming concept of biodiversity-friendly enterprise across the globe. By means of a case study of 30 biodiversity businesses, the report aims to inform and inspire a broad audience about the promising pro-biodiversity market in order to promote its growth as an integrated approach for sustainable development. The report is freely accessible through the link below.
Biodiversity business is increasingly being promoted as a promising approach to deal with the twin challenges of biodiversity conservation and local development. Shade-grown organic coffee, sustainable forestry, and the carbon-offset market are examples of commercial activities that have the potential to provide substantial biodiversity and socio-economic benefits in addition to financial returns. The expectations are particularly high in the context of smallholder enterprise in the global South, where resource-poor communities and concentrations of biodiversity often coincide and are mutually dependent.
Despite the growing attention, however, the effectiveness of and lessons learned from creating biodiversity business have not been well documented. To address the lack of comparative analysis, this study systematically assesses the socio-economic and biodiversity benefits created by smallholder biodiversity business in the South, as well as its main success factors and challenges.