Elephant poaching costs African economies US $25 million per year in lost tourism revenue – study
November 01, 2016
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The current elephant poaching crisis costs African countries around $25 million annually in lost tourism revenue, according to a new study published in the journal Nature Communications. Comparing this lost revenue with the cost of halting declines in elephant populations due to poaching, the study determines that investment in elephant conservation is economically favorable across the majority of African elephants’ range.