OPINION

How banks can stop the trade in illegal wildlife

Oped, Timothy Choon, Published on 10/02/2021

» Despite being the fourth most lucrative trade globally, the illegal wildlife trade (IWT) is often overshadowed by more prominent criminal ventures, such as drug trafficking and arms dealing. It is estimated that US$26 billion (779 billion baht) is made yearly at the cost of our natural environment, fuelling corruption, and damaging the reputation and economies of the affected countries.