Worldwide legal wildlife trade increased by 2,000% since 1980
It is not just the illegal trade in wildlife that has been denuding populations worldwide. Even legal trade has increased manifold in the last three decades and has become highly unsustainable, according to a new report released December 10, 2020.
The report has been prepared by the by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES), an intergovernmental organisation established to improve the interface between science and policy on issues of biodiversity and ecosystem services.
According to the report, the international legal wildlife trade has increased 500 per cent in value since 2005 and 2,000 per cent since the 1980s. On the other hand, the estimated value of the global illegal trade in wildlife is worth around $7-23 billion per year, equivalent to nearly 25 per cent of the value of the legal market.
Given the insufficient and inadequate regulation, globalisation of trade routes, lack of sufficient reporting and the links between poverty and illegal hunting, even the legal trade will become unsustainable in the future, the report warned.