Rampant Wildlife Trade Threatening the Population Levels of Various Species

By Craig Tarasoff

Wildlife crime, one of the fasting growing international crimes, is estimated to be worth between $8 and $10 billion each year. Over the past three years, over 100,000 elephants have been poached. This represents a figure that far exceeds the rate at which they can reproduce. In Africa, the ivory trade is estimated to be worth over $165 million each year, and the rhino-horn trade is estimated to range between $63 and $192 million. As trafficking spreads, monkeys, birds, and trees continue to see their populations decease. UN Secretary General Ban Ki-Moon has issued a statement condemning illegal wildlife trade as degrading to our ecosystem and threatening to national security. See Bloomberg for more information.