Restructuring existing biodiversity markets

Developing new markets for biodiversity products and services
Promoting new enterprise partnerships for biological resource conservation
In 1989, collectors of Brazil nuts were paid only 2 to 3 percent of the value of their nuts in the New York market. Analysis showed that transporting the nuts to a regional market center could double their value. Shelling the nuts could also expand revenue potential for collectors 20 to 40 times. Sorting the nuts according to market standards-there are seven classifications for Brazil nuts-could further enhance revenues because unsorted nuts sell for an average price pegged on less valuable classifications. Converting the nuts into specialty oil for the personal-care products industry could double or triple the value of unshelled nuts.
Type Classification:
G: Very Specific strategies
Related UN Sustainable Development Goals:
GOAL 1: No PovertyGOAL 2: Zero HungerGOAL 3: Good Health and Well-beingGOAL 4: Quality EducationGOAL 5: Gender EqualityGOAL 6: Clean Water and SanitationGOAL 7: Affordable and Clean EnergyGOAL 8: Decent Work and Economic GrowthGOAL 9: Industry, Innovation and InfrastructureGOAL 10: Reduced InequalityGOAL 11: Sustainable Cities and CommunitiesGOAL 12: Responsible Consumption and ProductionGOAL 13: Climate ActionGOAL 14: Life Below WaterGOAL 15: Life on LandGOAL 16: Peace and Justice Strong InstitutionsGOAL 17: Partnerships to achieve the Goal