Unlocking Canada's Bioeconomy: Indigenous Knowledge, Access and Benefit Sharing, and a Path to Sustainable Growth"

Unlocking Canada's Bioeconomy: Indigenous Knowledge, Access and Benefit Sharing, and a Path to Sustainable Growth"

In NFLD as a youngster, I grew up drinking my grandmother's concoctions of Indian Tea and boiled Juniper on traditional boil-ups in the woods. In an era where sustainability and ethical business practices are at the forefront of economic strategies, Canada - my first home -ok my second - next to NFLD - and now USA has an opportunity to harness its immense natural wealth in a way that benefits both its economy and its Indigenous communities. The introduction of a strong Access and Benefit Sharing (ABS) law could pave the way for a more sustainable bioeconomy while fostering fairness by recognizing the crucial role Indigenous knowledge and land play in the management of genetic resources. The economic case is clear: Canada's unique biodiversity holds untapped potential in industries like pharmaceuticals, cosmetics, and biotechnology. However, to unlock this potential, an ABS framework that ensures Indigenous peoples are recognized and compensated is vital.

The Power of ABS: Economic and Social Benefits

Access and Benefit Sharing, as outlined in the Nagoya Protocol under the Convention on Biological Diversity (CBD), ensures that countries, and particularly Indigenous communities, receive fair compensation when their genetic resources are used for commercial purposes. This legal framework creates a system where businesses, especially in the biotechnology, pharmaceutical, and cosmetics sectors, can access genetic materials ethically and sustainably.

If fully implemented in Canada, an ABS law could:

  • Boost the economy through sustainable industries, such as bioprospecting, which includes research and development of new pharmaceuticals, health products, and natural remedies.
  • Ensure Indigenous communities are properly compensated for the use of their traditional knowledge and resources.
  • Promote innovation by encouraging industries to invest in research on Canada’s biodiversity while safeguarding ecosystems and cultural heritage.

But beyond theory, the potential is tangible. Let’s delve into specific genetic resources and Indigenous knowledge that could drive Canada’s future prosperity.


1. Juniper (Juniperus communis): A Natural Healer

Juniper has been used for centuries by Indigenous peoples in British Columbia and the Yukon for its antimicrobial, anti-inflammatory, and respiratory health benefits. As interest in natural remedies grows, juniper's commercial potential in pharmaceuticals and cosmetics has skyrocketed. From treating infections to serving as a natural ingredient in skincare, juniper-based products can generate revenue for businesses while sharing profits with Indigenous communities through ABS agreements.

With the growing demand for herbal and natural health products globally, companies utilizing juniper could unlock a new wave of green growth while respecting Indigenous rights. Under a fair ABS law, Indigenous knowledge holders would see a share of this success, both financially and through involvement in joint research initiatives.


2. Labrador Tea (Rhododendron groenlandicum): The Northern Cure

Labrador Tea (Rhododendron Groenlandicum) - Arctic Wildlife Knowledge

For generations, Indigenous peoples across Canada have turned to Labrador tea to treat everything from respiratory infections to digestive issues. Modern science is now catching up, confirming the antioxidant and anti-inflammatory properties of this plant. The global demand for natural health products and nutraceuticals has never been higher, with the herbal supplement market expected to exceed $123 billion by 2027. Labrador tea’s unique properties position it as a potential star in this sector.

ABS laws would ensure that any company profiting from Labrador tea shares the benefits with Indigenous communities, helping these communities achieve economic growth while protecting their rights and resources. Additionally, non-monetary benefits, such as technology transfer and capacity building, would allow Indigenous peoples to lead in the sustainable development of their resources.


3. Devil’s Club (Oplopanax horridus): Nature’s Medicine Chest

Devil’s Club, a plant sacred to many Indigenous communities in the Pacific Northwest, offers extraordinary medicinal properties. Known for its use in treating arthritis, infections, and diabetes, its potential in pharmaceutical research could transform it into a billion-dollar industry. But beyond its healing power, Devil’s Club represents an ethical test for companies accessing Indigenous genetic resources.

Through a robust ABS framework, companies could ethically commercialize Devil’s Club while giving back to the Indigenous communities that hold its knowledge. This would not only promote fairness but also ensure sustainable harvesting of this slow-growing plant.

Devil's club - Wikipedia


4. Balsam Fir (Abies balsamea): From Tradition to Innovation

Medicinal Use Of Balsam Fir For Cuts, Grazes & Sores ( paulkirtley.co.uk )

For centuries, Indigenous peoples of eastern Canada have used the resin of the balsam fir for its healing properties, particularly for treating wounds and respiratory ailments. Today, balsam fir is a valuable ingredient in the production of essential oils and natural health products. The global essential oil market, expected to reach $15 billion by 2028, presents a significant opportunity for ethical commercialization.

By enacting ABS laws, Canada could ensure that any commercial use of balsam fir provides royalties and other benefits to Indigenous communities. This would help bridge the gap between traditional knowledge and modern business, making the resource valuable for all stakeholders.


5. Indian Tea (Ledum palustre): The Next Big Health Drink?

Labrador tea - the aromatic beverage and spice: A review of origin, processing and safety | Request PDF ( researchgate.net )

Bog Labrador tea, commonly referred to as Indian tea, is another example of traditional Indigenous knowledge that has commercial potential. Long used to treat respiratory issues and digestive ailments, Indian tea could find a place in the rapidly expanding herbal tea market, valued at $3.29 billion globally.

By ensuring that Indigenous communities are involved in every step of the commercialization process, from research to revenue sharing, an ABS framework could transform Indian tea into a sustainable business model that respects cultural heritage while driving economic growth.


6. Sweetgrass (Hierochloe odorata): A Sacred Plant with Commercial Promise

https://naturalcommunities.net/blogs/news/sweet-grass-a-fragrant-piece-of-north-american-history#:~:text=Sweet%20grass%20(Hierochloe%20odorata)%20is%20more%20than%20just%20a%20pleasant-smelling

Sweetgrass is sacred in many Indigenous cultures across Canada, used in ceremonies, healing practices, and crafting. It is also gaining attention in the fragrance and natural health industries for its aromatic and antibacterial properties. With increasing global interest in natural and sustainable ingredients, sweetgrass could become a key resource in industries ranging from cosmetics to aromatherapy.

ABS laws would not only protect the cultural significance of sweetgrass but also ensure that Indigenous peoples benefit directly from its commercial use. This could include financial compensation, joint ventures, and sustainable harvesting practices.


The Economic Case for ABS in Canada

The economic potential of ABS is substantial. Countries that have enacted robust ABS frameworks, like Costa Rica, have seen significant revenue growth from bioprospecting and biotechnology. Costa Rica's ABS has contributed millions of dollars in income from international partnerships. For Canada, with its rich biodiversity and the global demand for natural products, the potential could be even higher.

ABS laws would also align with Canada’s commitment to sustainability under international frameworks like the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP) and the Convention on Biological Diversity (CBD). By integrating Indigenous knowledge and rights into its economic strategy, Canada could generate long-term economic growth that respects the environment and Indigenous cultures.

The benefits of such a law go beyond financial gains. ABS laws ensure fairness, protect biodiversity, and promote ethical business practices. They empower Indigenous communities by recognizing their role as stewards of the land, providing both monetary and non-monetary benefits in return for their invaluable contributions.


Conclusion: A Win-Win Strategy for Canada

A strong and well-implemented Access and Benefit Sharing (ABS) law would not only boost Canada’s economy but also create a more ethical and sustainable future. By ensuring that Indigenous communities are fairly compensated for their traditional knowledge and resources, Canada can unlock the untapped potential of its biodiversity in sectors like pharmaceuticals, cosmetics, and natural health products.

The path forward is clear: implementing ABS is a win-win strategy for economic growth, social fairness, and environmental sustainability. The time to act is now, before Canada’s rich natural and cultural heritage is exploited without adequate recognition of those who have protected it for generations. Let ABS be the key to unlocking Canada’s sustainable future, with Indigenous peoples at the heart of its success.

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The Global Wellness Economy

The global wellness economy encompasses industries that focus on improving physical, mental, and emotional health. It includes sectors like personal care, beauty, traditional medicine, and complementary health, many of which rely heavily on natural ingredients. ABS frameworks, which allow for the ethical and sustainable use of genetic resources, play a critical role in ensuring fair access to the resources that fuel this economy.

Key statistics on the wellness economy:

  • Global wellness market: The wellness industry was valued at approximately $4.4 trillion in 2020 and is projected to grow to $7 trillion by 2025 .
  • Personal care and beauty products: In 2020, this segment accounted for $955 billion, with demand for natural ingredients driving significant growth. Products that incorporate biodiversity-derived ingredients (such as those derived from juniper, Labrador tea, or balsam fir) can benefit from ABS agreements, sharing profits with Indigenous communities.

2. Bioeconomy’s Role in Sustainability and Growth

The bioeconomy refers to the use of biological resources, processes, and knowledge to develop sustainable products, particularly in sectors like pharmaceuticals, biotechnology, and agriculture. ABS laws ensure that countries and Indigenous communities that provide genetic resources (e.g., medicinal plants) are compensated fairly when businesses profit from them. Canada, with its rich biodiversity and Indigenous knowledge, could significantly boost its bioeconomy by implementing ABS.

Key bioeconomy statistics:

  • Global bioeconomy value: The bioeconomy is valued at approximately $2 trillion, and is expected to grow as demand for sustainable products increases .
  • Natural medicine and pharmaceutical development: The global pharmaceutical industry relies heavily on biodiversity for research and product development, with 35-45% of new pharmaceuticals derived from biological resources . Ethical ABS practices in Canada could direct some of this revenue to Indigenous peoples, fostering more inclusive growth.

3. Economic Potential of ABS in Canada

If Canada were to fully implement ABS, it could unlock substantial revenue while ensuring fair compensation for the use of Indigenous knowledge. Here are some potential benefits:

  • Revenue from bioprospecting: Countries like Costa Rica, which have robust ABS frameworks, have earned millions from international bioprospecting partnerships with pharmaceutical and biotechnology companies. Canada could replicate this model, particularly in industries that rely on its rich biodiversity.
  • Sustainable business growth: By adopting ABS laws, Canada could foster industries like biotechnology, pharmaceuticals, natural health products, and eco-tourism, all of which would contribute to green economic growth.
  • Job creation and innovation: ABS-driven bioeconomy growth could lead to new jobs in research, development, and environmental conservation, contributing to national economic objectives.

4. Indigenous Participation and Economic Empowerment

Through ABS, Indigenous communities in Canada could benefit from both monetary and non-monetary gains. These could include:

  • Royalty agreements from products developed using genetic resources sourced from Indigenous lands.
  • Capacity building and joint ventures in sectors like sustainable agriculture, natural health, or pharmaceutical development.
  • Revenue-sharing models: Indigenous knowledge has already contributed significantly to industries like natural health, where traditional remedies are being studied for commercial applications. Revenue-sharing agreements ensure that Indigenous communities are compensated for the use of their intellectual and biological resources.


Conclusion: The Economic and Ethical Case for ABS in Canada

The numbers make a compelling case: by implementing a strong ABS framework, Canada stands to benefit from the global boom in both the wellness industry and the BIO-economy. Beyond economic growth, ABS provides an ethical foundation for sustainable business that respects Indigenous knowledge and resources. As demand for natural, wellness-oriented, and sustainable products rises, ensuring fair access and benefit sharing will not only be good for business but also for biodiversity conservation and Indigenous empowerment.

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Sources:

  • Global Market Insights, “Herbal Supplement Market Size & Growth Forecast 2027”
  • United Nations, Convention on Biological Diversity
  • International Journal of Pharmacology, “Medicinal Potential of Juniper”

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Stephanie Hodge

UN Partnerships Specialist

1 个月

"This project has great potential but requires strong national leadership. Some countries have not yet signed the Nagoya Protocol, the global framework guiding fair access to and benefit-sharing of genetic resources. As a result, Indigenous communities may be deprived of their rightful benefits, while others may exploit regenerative resources without proper safeguards. The public also loses out on benefits, such as jobs and the ability to engage with common species. Developing inventories of traditional knowledge and genetic resources should be a priority for Indigenous and effective land management and bio-economy leadership. This policy will lead to strong protections over key genetic species and habitate as well.

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