What's Happening?
UNCTAD's policy briefs highlight the potential of industrial hemp as a sustainable development strategy. The organization advocates for a 'whole plant' approach to hemp exploitation, emphasizing its carbon-negative and ecologically sustainable properties. UNCTAD suggests that governments establish regulatory frameworks to support hemp production, categorizing it as an agricultural commodity rather than a controlled substance. This approach could promote various production chains and contribute to clean energy transitions.
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Why It's Important?
Industrial hemp presents an opportunity for sustainable development, offering ecological benefits and potential economic growth. By advocating for hemp production, UNCTAD supports efforts to reduce carbon emissions and promote clean energy. The organization's emphasis on regulatory frameworks can help countries harness hemp's potential, contributing to sustainable development goals and economic diversification.
