India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia
Published on India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia (http://admin.indiaenvironmentportal.org.in)

Home > Reports and Documents > Legal and sustainable wild species trade: learnings and implications for nature market governance > Legal and sustainable wild species trade: learnings and implications for nature market governance

Legal and sustainable wild species trade: learnings and implications for nature market governance [1]

This joint paper by the Taskforce on Nature Markets and TRAFFIC asserts the crucial role of the business and finance sectors in facilitating strong nature markets and purging illegal and unsustainable trade in their commerce. It demonstrates the high costs of inaction to address biodiversity loss for the sector; for example, between 1997 and 2011, the global economy suffered an estimated annual loss of USD4-20 trillion in ecosystem services. Although, as it stands, measures by the financial sector are often still voluntary, the report outlines a set of recommendations.
[2]

Publication Date: 
15/06/2023
TRAFFIC [3]
Tags:
Wildlife Trade [4], Illegal Trade [5], Timber Smuggling [6], Global [7], Africa [8]
Centre for Science and Environment
National Knowledge Commission Government of India

Technology Partners: MimirTech


India Environment Portal by Centre for Science and Environment is licensed under a Creative Commons Attribution-Share Alike 2.5 India License.


Source URL: http://admin.indiaenvironmentportal.org.in/reports-documents/legal-and-sustainable-wild-species-trade-learnings-and-implications-nature-market

Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/legal-and-sustainable-wild-species-trade-learnings-and-implications-nature-market
[2] http://www.indiaenvironmentportal.org.in/files/file/legal and sustainable wildlife species.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/traffic
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/wildlife-trade
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/illegal-trade
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/timber-smuggling
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/africa