It’s been over 20 years since the world of ivory has been banned internationally, however GREED and the demand for products made out of ivory have surge in the last few years. Scientists are estimating that between 8% – 10% of African’s elephants are still being killed each year to meet this ivory demand.
So why are these products still in such demand? Apparently, the recent growth in the far east’s appetite for ivory, which is a status symbol for the middle class, has sent ivory prices soaring from 150 pounds a kilogram in 2004 to more than 4,000 pounds a kilogram today.
This is definitely a topic that will be discussed in detail at this year’s meeting in March of Cites (Convention on International Trade of Endangered Species).