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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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What is Wildlife Trafficking?

What is Wildlife Trafficking?

Adams Cassinga

15 years: Wildlife Activist

We know poaching is wrong. But why is it still such a profitable industry? Join Adams Cassinga as he explores what poaching is and how wildlife trafficking operates.

We know poaching is wrong. But why is it still such a profitable industry? Join Adams Cassinga as he explores what poaching is and how wildlife trafficking operates.

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What is Wildlife Trafficking?

11 mins 53 secs

Overview

Poaching is the act of illegally entering into a protected area with the intention of capturing, harming, or killing a wild animal, whereas wildlife trafficking is the act of making a profit from the poached animal or any wildlife byproduct. Poaching is worth $20-30 billion annually. It affects all continents but dominates in areas with large amounts of biodiversity, namely Africa and Asia. To sell the products of poaching there are 5 tiers involved in the wildlife trafficking chain: the desperate locals, the transporters, the marketers, the corrupt officials and the buyers.

Key learning objectives:

  • Define poaching and wildlife trafficking

  • Outline the 5 tiers of trafficking

  • Understand the value of wildlife

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Summary
What is poaching? 
Poaching is the act of illegally entering into a protected area with the intention of capturing, harming, or killing a wild animal. 

What is wildlife trafficking? 
Wildlife trafficking is the act of making a profit from the poached animal or any wildlife byproduct.

What is the scale of the poaching problem currently?
Poaching is worth $20-30 billion annually. It affects all continents but dominates in areas with large amounts of biodiversity, namely Africa and Asia. In 2019, the Democratic Republic of the Congo was voted as the most affected country in the world by the phenomenon of wildlife trafficking. There was a global decline of wildlife trafficking in 2020-21 due to the global COVID-19 pandemic but it ramped up again shortly afterwards. 

What are the 5 tiers of wildlife trafficking? 

1. Desperate
These are the locals who are paid the least in the trafficking chain and have to go into protected areas to poach the animals. 

2. Transporter 
These are the people who transport the contraband from the protected area into urban areas. 

3. Marketer 
These are the (typically local) people with connections abroad. They speak with the people who are in need of these products and facilitate money transfers. 

4. Officials 
These are the corrupt customs officials who fake permits and companies who are involved in freight and forwarding. 

5. Buyer
These people are the end user, typically based in Asia, America and Europe. 

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Adams Cassinga

Adams Cassinga

Adams Cassinga, a wildlife activist and honorary park ranger of the Democratic Republic of the Congo, works for Conserve Congo, a nonprofit organisation in Central Africa focusing on combating wildlife trafficking. As a wildlife criminal investigator, he also serves as a park ranger in the DRC.

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