Reducing consumer demand coupled with government regulations and stricter enforcement will put an end to poaching imperiled species.
John Baker Channel NewsAsia 28 Dec 18;
CALIFORNIA: Is there a direct correlation between domestic bans and increased poaching? And if there is, does that mean countries like Singapore should abandon the proposed domestic ban? That’s the million-dollar question conservationists are debating.
Some local free-market conservationists argue that a ban on ivory will raise the perception of scarcity, drive up prices and snuff out demand.
At face value, it sounds reasonable. Diamonds are rare and they’re expensive. But upon closer inspection, this overly simplistic approach completely misses the point.
YES, AN IVORY BAN CAN BE EFFECTIVE
Ivory prices are down in China and Hong Kong, due to new domestic bans in these two of the biggest markets. Soon after China announced it would ban ivory in 2017, raw ivory prices fell to US$730 per kilogram, from US$2,100 per kilogram in 2014, according to Kenya-based conservation group, Save The Elephants’ researchers, Lucy Vigne and Esmond Martin.
That’s a substantial decrease of 65 per cent.
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