In close collaboration with the United Nations Development Programme, the Ministry of Environment, Forestry, and Tourism played a crucial role in facilitating the preparation and adoption of the national framework.

The main objective of this framework is to enable Namibia's active participation in the international carbon market. It outlines the necessary processes for developing and implementing carbon market activities within the country.

There is a need to develop a policy aimed at enhancing an equitable and sustainable biotrade sector in Namibia.

The establishment of such a policy will link Namibia's biodiversity product innovations to a global market while supporting local community development.

These were sentiments shared by various speakers at the National Dialogue Policy on Investment in Biodiversity as a Catalyst for Sustainable Income Generation and Conservation held in Windhoek today.