Aims to stimulate investment and trade in biological resources as a means of impelement the Convention on Biological Diversity, i.e. to promote: (1) conservation of biodiversity; (2) the sustainable use of its components; and (3) a fair and equitable sharing of benefits arising out of the utilization of biological resources. The Initiative’s objectives will be pursued by enhancing the capability of developing countries for sustainable use of biodiversity to produce new value-added products and services for both international and domestic markets. The Initiative concentrates on three areas: private sector, local and indigenous communities, and biodiversity conservation.