Tech, crypto firms to help tackle illegal wildlife trade
Synopsis
Announcement made as part of a business forum convened by Prince William and The Royal Foundation's United for Wildlife during London Climate Action Week.
Listen to this article in summarized format
group of leading international technology, crypto and other businesses on Monday announced plans to help stamp out the illegal trade in wildlife.
Announcement made as part of a business forum convened by Prince William and The Royal Foundation's United for Wildlife during London Climate Action Week.
Companies including Google, Meta, TikTok and Alibaba commit to end trafficking on their platforms. To look for ways to eradicate online listings, including through AI-enabled detection and prevention.
Represent a fifth of the global e-commerce market and 90% of the world's social media users.
Vodafone, Vodacom, Safaricom to use AI in anti-money-laundering and transaction monitoring systems across mobile money platform M-Pesa.
Crypto, blockchain analytics firms and payment companies including PayPal, TRM Labs, Chainalysis and Luno commit to disrupt financial flows linked to the illegal wildlife trade.
British Airways and Heathrow to launch a public awareness campaign about the trade.
A United Nations Environment Programme report says trade in wildlife products generates as much as $23 billion annually. Estimated 1 million plant and animal species are threatened with extinction.
David Fein, co-chair of United for Wildlife: "What we see from the private sector today is a recognition that the illegal wildlife trade is both an environmental and a business issue."
Announcement made as part of a business forum convened by Prince William and The Royal Foundation's United for Wildlife during London Climate Action Week.
Companies including Google, Meta, TikTok and Alibaba commit to end trafficking on their platforms. To look for ways to eradicate online listings, including through AI-enabled detection and prevention.
Represent a fifth of the global e-commerce market and 90% of the world's social media users.
Vodafone, Vodacom, Safaricom to use AI in anti-money-laundering and transaction monitoring systems across mobile money platform M-Pesa.
Crypto, blockchain analytics firms and payment companies including PayPal, TRM Labs, Chainalysis and Luno commit to disrupt financial flows linked to the illegal wildlife trade.
British Airways and Heathrow to launch a public awareness campaign about the trade.
A United Nations Environment Programme report says trade in wildlife products generates as much as $23 billion annually. Estimated 1 million plant and animal species are threatened with extinction.
David Fein, co-chair of United for Wildlife: "What we see from the private sector today is a recognition that the illegal wildlife trade is both an environmental and a business issue."
Add 
as a Reliable and Trusted News Source
as a Reliable and Trusted News Source
Add Now!(Catch all the Technology News News, and Latest News Updates on The Economic Times.)
...more
Elevate your knowledge and leadership skills at a cost cheaper than your daily tea.
NSE IPO: Will Chauhan’s homecoming end in fireworks this Diwali? 
She made baking an INR2k crore biz. Now comes the real heat. 
How new market law can help reform the regulatory framework 
Is Air India the cocktail turning bitter for Tatas? 
Auditor red flagged Gymkhana land issue long before govt action 
For long-term investors: Boring portfolio that wins difficult years; 5 large-cap stocks with upside potential up to 20% 
When a small footnote is used as a tool to make a weak balance sheet look strong 
Auto ancillary stocks: Time for a re-rating as transformation nears the finish line? 6 stocks with upside potential of up to 34%
Subscribe Now
Now Playing
Source link
