Illegal wildlife trade remains a lucrative business with an estimated value of $20 billion per year and is often orchestrated by highly organised, transnational criminal networks.
Demand for products such as elephant ivory, tiger skins and pangolin scales creates a powerful financial incentive for poaching and smuggling which drastically undermines ongoing conservation efforts. That demand is driven by the desire for medicinal products or investment in luxury trinkets and is often sustained by perverse government policies in key domestic markets around the world.
As human development continues to accelerate globally, the unsustainable exploitation of vulnerable animal and plant species is putting unprecedented pressure on our planet’s wildlife.