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Environmental Crimes May Cost World Economy $258 Billion: Study

2016-06-04 17:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Environmental crimes are rising due to weak laws and enforcement, costing the global economy as much as a record $258 billion, about a quarter more than previously estimated, the United Nations Environment Program and Interpol said. The groups released a study on Saturday, on the eve of World Environment Day, that said the proceeds from crimes ranging from illegal logging to the trafficking of hazardous waste and illicit gold mining are funding rebel groups and criminal syndicates. The scourge...

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