Because they require huge volumes of raw commodities, sourced from diverse origins, global value chains can have significant negative impacts on biodiversity, climate change, ecological functions and the rights and livelihoods of communities in regions where commodities are produced. The greening of commodity value chains is an effective strategy to deal with those challenges. Green value chains offer the dual prospect of an economy that is less harmful to nature, and production, trade and consumption that is more secure and stable. More and more global value chain participants are pursuing greener value chains through responsible production and sourcing of commodities and circular economy practices to increase longevity of products, re-use of materials and minimization of waste.
Task Force: Low-Carbon and Inclusive Transition Year: 2021 Phase: Phase VI (2017-2022)Global Green Value Chains – China’s Opportunities, Challenges and Paths in the Current Economic Context
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