UNDP-GEF South Africa National ABS and Value Chain Development Project
South Africa is a third most biodiverse country in the world. The domestic retail market has a wide range of products containing indigenous plants' products, generating a significant revenue.
The conservation of South African species is crucial for the economic growth of the country and for preserving their richness for the future. Therefore the Government of South Africa has developed a Biodiversity Economy Strategy (BES), which is supposed to ensure the sustainable use of the genetic resources and the conservation of the wildlife likewise. The BES will provide the guidance on developing the biodiversity economy in South Africa.
With a key focus on ABS issues (i.e., the equitable access and benefit sharing from the use of genetic resources), this project was designed to support the implementation of the Nagoya Protocol in South Africa.
The project will at the same time promote the conservation of indigenous species, whose genetic resources are used in the industry, and the sustainable development of local communities that not only depend on the rational use of these species, but which often harbor traditional knowledge about their use.