Voluntary Sustainability Standards

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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December 7, 2021

Standards and Poverty Reduction: What role do Voluntary Sustainability Standards play? 

03rd December 2021, Geneva – The International Institute for Sustainable Development (IISD) and the United Nations Conference on Trade and Development (UNCTAD) launched the report- IISD’s SSI Review: Standards and Poverty Reduction. The report was launched in a joint UNCTAD-IISD webinar, held as a part of IISD Trade + Sustainability Hub, 2021. The report examines the potential of voluntary sustainability standards (VSS) operating in the agriculture sector to reduce poverty, which includes a chapter that UNCTAD and IISD wrote jointly on Understanding Smallholder Farmer Access to VSS-compliant Markets.  It is estimated that 80% of the

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February 21, 2019

Resurfacing Biodiversity, from a Sustainability Standards Perspective

Nearly half of the world’s population is directly dependent on biodiversity for their livelihoods. Today over 3.2 billion people depend on biodiversity for their livelihoods, but the globe’s biodiversity resources are being depleted at an alarming rate. In Europe alone, the cost of biodiversity loss is estimated about 3% of its GDP, or €450m (£400m), a year [1]. “If we are going to address the issue of biodiversity, we also have to look at the fundamental issues

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September 17, 2018

Launch of the 3rd Flagship Report: Voluntary Sustainability Standards (VSS), Trade and Sustainable Development

3rd UNFSS Flagship Report: Voluntary Sustainability Standards (VSS), Trade and Sustainable Development   The relationship between Voluntary Sustainability Standards (VSS), trade and sustainable development are among the most pronounced concepts sought-after the realm of green global value chains. We typically see the benefits of imposing sustainability standards as a positive advantage contributing to the environment, social and the economy. The VSS system has in fact influence the export landscape to either facilitate market access or become an obstacle to trade, especially for importing countries that have turned to

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