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Illegal poaching, logging and mining industry is worth up to US$258 billion a year, UN report says

Racket expanding two to three times faster than global economy, study finds

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Illegal ivory confiscated from poachers in Kenya. Photo: AFP
Reuters

Illegal logging, mining, poaching and other environmentally destructive trade earned criminal gangs up to US$258 billion last year, the United Nations said in a report published on Saturday.

The scale of crimes ranging from illegal gold mining by drug cartels in Columbia to pillaging forests by rebels in Democratic Republic of Congo is expanding two to three times faster than the global economy, the study by the UN Environment Programme (UNEP) and Interpol found.

“Environmental crime is growing at an alarming pace,” Interpol Secretary General Juergen Stock said.

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The amount spent by international agencies on combating environmentally damaging crime – US$20-30 million – is just a fraction of its estimated value of US$91-258 billion, it said.

Trafficking products from endangered wildlife, including tusks harvested by the decimation of one quarter of the world’s elephant population over the last decade, is worth between US$7 to US$23 billion a year, the report said.

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