In this interview Hansen explains about recent developments in the regulation and how it has evolved with the aim of protecting Brazilian biodiversity, particularly in Brazil.
Called CGEN, the regulation is designed to be both more effective at protecting the environment, while at the same time facilitating industry to legally, sustainably and responsibly access the biodiversity.
The impact of CGEN on industry
Hansen also discusses the impact this regulation is having on the industry, in particularly the issues of benefits sharing, which is aimed to help farming communities, particularly in poorer regions of the Amazon.
However, the benefits sharing issue is presenting some problems for ingredients providers and beauty brands wanting to use products made from Brazilian botanicals.
As Hansen explains, key to rectifying this is the clarification of the regulation and helping companies to understand how benefits sharing can serve to help the Brazilian environment and the companies themselves.
Watch this video to find out all about it!