Publication: Illegal Logging, Fishing, and Wildlife Trade: The Costs and How to Combat it
Date
2019-10
ISSN
Published
2019-10
Author(s)
World Bank
Abstract
This paper has two goals - to motivate
policy makers in developed and emerging economies to pay
more attention to illegal logging, fishing, and wildlife
trade, and to provide a road map to address the root causes
of the illegal activities. Illegal wildlife trade directly
causes declines in species population, resulting in the
deterioration of ecosystem functions. Illegal activities
involve trade of species threatened with extinction,
including many keystone species. It also covers a range of
mammals, such as pangolins (considered the world’s most
trafficked mammal), and wood products such as rosewood, and
marine mammals such as the vaquita found in the Sea of
Cortez in Mexico. For all practical purposes, combating
illegal logging, fishing, and wildlife trade is a governance
issue that first and foremost requires high-level political
commitment at the national and international levels. The
financial action task force (FATF) recommendations (FATF
2012-19) provide a framework for a risk-based, peer-reviewed
system of mutual evaluations for compliance with global
standards on money laundering and terrorist financing. The
national risk assessment tools can be expanded to also
address illegal logging, fishing, and wildlife trade and
other natural resources crimes.
Citation
“World Bank. 2019. Illegal Logging, Fishing, and Wildlife Trade; Illegal Logging, Fishing, and Wildlife Trade : The Costs and How to Combat it. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/32806 License: CC BY 3.0 IGO.”