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17
September 2018
 |
United Nations(The Total Investment & Insurance Solutions)
Eco-labels and voluntary sustainability
standards that uphold not just the quality but also the sustainability of
products from developing countries can be the key to unlocking new markets, a
United Nations report said on Monday.
Ecolabelling
is a voluntary method of environmental performance certification and labelling
practised around the world. An ecolabel identifies products or services proven
environmentally preferable overall, within a specific product or service
category.
According
to the United Nations Conference on Trade and Development (UNCTAD), the report
was launched at the International Convention on Sustainable Trade and Standards
here. The convention has been organised by the Quality Council of India (QCI)
and the United Nations Forum on Sustainability Standards on September 17 ans
18.
"Today,
there are almost 500 eco-labels in 199 countries and 25 industrial
sectors," UNCTAD Deputy Secretary General Isabelle Durant said in a
statement.
"With
broad uptake, standards can move industries towards improved social,
environmental and economic performance. Standards translate the broad concept
of sustainability into specific and concrete measures for companies and their
suppliers and influence consumption decisions of the consumers," she said.
The
United Nations Forum on Sustainability Standards (UNFSS) is a knowledge-sharing
and convening platform backed by UNCTAD, UN Food and Agriculture Organisation,
International Trade Centre, United Nations Environment Programme and United
Nations Industrial Development Organisation.
The
platform is designed to analyse voluntary sustainability standards and
disseminate information about them even as national multi-stakeholder platforms
for VSS have been developed in different emerging economies.
India
established the first national platform in 2016 with UNFSS support, with Brazil
and China following suit.
"Currently,
several other countries are also exploring the possibilities to develop their
national platforms," the statement said.
These
platforms aid dialogue between public and private stakeholders on "how to
pro-actively use VSS", it added.The
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