Safeguarding Indigenous Traditional Knowledge. The Sustainable Commercialization of Medicinal Plants through Biotrade

Based on the idea of sustainable development, the BioTrade principles and criteria (P&C), based on the idea of sustainable development, have been the essential core guiding the implementation of BioTrade activities since their inception by UNCTAD in 2007. However, after identifying that BioTrade of medicinal plants causes negative impacts on the traditional knowledge related to these plants, the P&C were evaluated in light of the most relevant international agreements that contribute to the safeguarding of this knowledge. The result obtained from the assessment showed that the P&C present many gaps that prevent evaluating the real impact of trade on the traditional knowledge of medicinal plants in Indigenous and local communities. Therefore, in the same framework of the current P&C, the main recommendations contained in the international agreements and the suggestions of specialists in the field have been gathered to create a BioTrade standard that contributes to safeguarding traditional medicinal plant knowledge within a commercial context in any BioTrade initiative where the commercialized product is a sacred or native plant with traditional and cultural value for a community.