Context
Thanks to its species diversity and biodiversity, Ecuador is referred to as a megadiverse country. The country is increasingly relying on its biological diversity and nature reserves as a strategic economic factor with great potential. Based on this, the Governments of Ecuador and Germany have agreed to implement the Protection and Sustainable Use of Natural Resources programme to support Ecuador’s environmental policy.
The Ecuadorian Ministry of Environment lacks suitable instruments to make meaningful use of biodiversity products in the long term. This includes, for example, methods for determining fish stocks in protected areas so that effective fishing quotas can be defined. There is also insufficient social discourse on expanding the bioeconomy as an alternative to the way this issue has been handled up to now. The Ministry of Environment has not yet positioned itself sufficiently as a driver of environmentally-friendly and climate-friendly economic policy.
Objective
Ecuador’s national bioeconomic policy has been introduced.