TNRC eCourse Engaging the financial sector to reduce money-laundering and corruption linked to wildlife trade
Engaging the financial sector to reduce money-laundering and corruption linked to wildlife trade
Financial institutions have the power to follow and stop the profits derived from illegal activities—including conservation crimes that may be facilitated by corruption. The conservation community has important knowledge and expertise that can be shared with the financial sector to increase understanding of risks to financial institutions. Increasing engagement between conservation practitioners and financial institutions can also spur actions to freeze the assets of high-level criminals behind wildlife crime and corruption. Many practitioners don’t know where to begin. This course is designed to help.
Are you WWF staff? Take the course through our internal learning platform.
Duration: About 2 hours
Who is this eCourse for?
This self-paced two-hour eCourse has been developed for conservation and natural resource management professionals working globally in project design and implementation to combat the illegal wildlife trade. Little to no understanding of the financial sector is required. The course is also relevant to conservation practitioners working at the policy-level.
Why take the course?
Financial investigations have great potential to unpack and disrupt illegal wildlife trade, but more attention is placed on arresting those directly involved in poaching and trafficking. The result is that low-level actors, such as poachers, are caught and prosecuted, leaving individuals at the higher ranks of criminal groups and larger beneficiaries of crimes free to continue undermining conservation. Following the money, confiscating proceeds and assets, and arresting professional money launderers linked to the trade may achieve greater impact. Conservation practitioners can benefit from a stronger understanding of how to engage financial institutions to address money laundering and corruption connected to illegal wildlife trade.
By taking this course, you’ll improve your ability to:
- Understand what money laundering is and its relationship to corruption
- Identify where the interests and obligations of financial institutions overlap with those of the conservation community
- Understand the role financial intelligence and suspicious transaction reporting can play in illegal wildlife trade investigations
- Feel empowered to engage financial institutions
This course was developed by financial flows, anti-corruption and wildlife trade monitoring experts at TRAFFIC, with members of the Targeting Natural Resource Corruption consortium.
Image attribution: © naturepl.com / Jen Guyton / WWF; © Brian J. Skerry / National Geographic Stock / WWF; © Georgina Goodwin / Shoot The Earth / WWF-UK; © Hkun Lat / WWF-Aus