Sustainability standards

September 21, 2023

The EU Due Diligence Regulation on Deforestation: What Role for Voluntary Sustainability Standards (VSS)?

This article delves into the European Union’s new Regulation on Deforestation-Free Products (EUDR) and probes the prospective role that Voluntary Sustainability Standards (VSS) can play, potentially offering avenues for collecting information, risk evaluation, mitigation, monitoring, and assurance. The article highlights how certification processes can support enhancing supply chain transparency and mitigating supply chain vulnerabilities, ultimately aligning with the due diligence needs. Deforestation is a pressing global issue with far-reaching consequences for the environment, biodiversity, and climate change. The United Nations Food

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October 6, 2022

Sustainable Trade and VSS Dialogue: Understanding the role of VSS for advancing the sustainability agenda through the forthcoming UNFSS 5th Flagship Report

The UN Secretary-General Antonio Guterres recently warned that the world is on brink of a “perfect storm” of crises. The global food, energy, and financial crisis has hit countries that were already reeling from the pandemic and the climate crisis and has pushed back what had been a growing convergence between developed and developing countries. The role of trade for sustainable development has gained greater momentum in addressing these challenges. Today, the concept of sustainable development through trade, standards,

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September 22, 2022

The Tools of Trade: Exploring challenges and opportunities of Voluntary Sustainability Standards in the forthcoming UNFSS 5th Flagship Report

The recently approved UNCTAD XV Bridgetown Covenant recalls that “today, many Sustainable Development Goals are behind schedule, and, despite remarkable efforts and progress, many people and places have not managed to enjoy the benefits of progress. The tools of trade, investment, technology, and finance can do more to change this reality and foster a more inclusive, sustainable, equitable and resilient world.” Voluntary Sustainability Standards are one such tools of trade that leverage sustainability criteria as a means

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May 30, 2022

Triple Vulnerabilities: The Role of Sustainable Trade and Value Chains

In a world grappling with converging disruptions: effects of the pandemic, supply chain strains, and climate change; the conflict in Ukraine further risks pushing the world into a global crisis. UNCTAD’s analysis indicates a worsening outlook for the world’s economy, underpinned by rising food, fuel and fertilizer prices, heightened financial volatility, sustainable development divestment, complex global supply chain reconfigurations and mounting trade costs. “Soaring food and fuel prices will affect the most vulnerable in developing countries, putting

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UNFSS National Platforms
May 25, 2022

Local Solutions for Global Challenges: The Role of UNFSS National Platforms’ Network in maximising benefits of Voluntary Sustainability Standards (VSS)

Everyday life has been struck by climate change effects, deepening poverty and hunger, the COVID-19 pandemic, and the crisis in Ukraine. As a result, the world is witnessing accelerating existing vulnerabilities and widening inequalities. The value of multilateralism and trade cannot be undermined in providing a sustainable recovery path, especially for the most vulnerable groups. In light of the above, the UNFSS National Platform and Initiative Cooperation Network (NPICN) met on 24th May

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May 12, 2022

No Poverty among Smallholder Farmers: Can access to Voluntary Sustainability Standards (VSS)-compliant markets help?

Ever since the adoption of the 2015 Sustainable Development Agenda, the global development community has worked towards achieving the 17 Sustainable Development Goals, set forth by the United Nations. However, progress has been cut short, or even worse, reversed, due to multiple external shocks, like the COVID-19 pandemic and the Ukraine-Russia crisis. This has further alarmed the world on issues like extreme poverty, food insecurity, and an ever-widening gap between the rich and the poor. Despite multiple

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March 16, 2022

Empowering Women is Smart Economics and Pathway Towards the SDGs

Improving gender equality has many positive impacts on individuals and also on society at large. Empowering women in the economy and closing gender gaps are key to achieving the 2030 Agenda for Sustainable Development. When more women work, economies grow! Empowering women to become full economic citizens has grown importance in the work of the United Nations Forum on Sustainability Standards (UNFSS). The underlying point of reference as Mr. Santiago Fernandez de Cordoba, Senior Economist andUNFSS Coordinator, UNCTAD prescribed as a

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February 15, 2022

Voluntary Sustainability Standards for People, Planet, and Prosperity: Focus on G20

The COVID-19 pandemic has exposed systemic fragilities across the globe. The pandemic has not only been a global health crisis but also has severely impacted the global economy and financial markets. The pandemic has affected people’s livelihoods, health and disrupted food systems. Significant reductions in income, rise in unemployment, and disruption in services have been common aftermath, especially in the developing countries. Fig.1 International trade plunged as the virus spread (Source:

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January 12, 2022

The Circular Economy: Can Voluntary Sustainability Standards play a role in bidding adieu to the ‘take, make, waste’ model?

The last three decades have witnessed a worsening of the world’s environmental problems. The global use of natural resources has more than tripled since 1970 and continues to grow, pushing climate stability and ecosystems worldwide to the limits of their resilience. This reflects a pertinent need to shift towards sustainable consumption and production pathways. But how can we achieve that? A circular economy might provide some solutions. While there is no singular definition of a circular economy, it most

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timelapse photo of train
December 15, 2021

Podcast feature: Voluntary sustainability standards and trade in developing countries 

Globalization has brought profound changes to international trade over the last 50 years. Value chains are now spread around the globe and are becoming more complex. Today, about US $8 trillion worth of world trade goes through Global Value Chains (GVCs), accounting for nearly 70% of the total share of global trade. According to UNCTAD’s research, majority of the developing countries are increasingly participating in GVCs. As a result, the developing-country share in global value-added trade increased from 20%

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