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Journal of Academics Stand Against Poverty

Academics Stand Against Poverty

Journal of Academics Stand Against Poverty (Journal of ASAP) is an open access international multidisciplinary journal published under the ISSN 2690-3458 (electronic edition) and ISSN 2690-3431 (print edition) by Academics Stand Against Poverty, a non-profit organization based in United States (EIN # 32-0324998).  Its mission is to publish high-quality work that can make genuine contributions to understanding and eradicating poverty and its effects in the real world. Such work will address the structural causes of poverty with an eye to the special challenges poor people face in such areas as nutrition, water, shelter, health and health care, sanitation, clothing and personal care, energy, education, social and political participation and respect, physical safety, family planning, environmental degradations and hazards, working conditions in employment and at home, navigating governmental agencies and the legal system, banking and credit, travel and transportation, and communications.  Journal ASAP is committed to ensuring that perspectives of the poor are adequately represented on its pages, and that these pages are accessible to all. The journal makes substantial efforts to include voices from the global South as well as from non-elite educational institutions and from organizations, agencies and communities that are working toward poverty eradication. It also aims for the widest possible reach by being entirely open-access: its one/two issues each year are free for download anywhere in the world without any requirement to provide personal information. Journal ASAP invites submission of original work and maintains a rigorous double-blind peer review system that provides constructive feedback to assist authors in presenting their work in a way that is clear, broadly accessible and practically useful. Journal ASAP is a pure Open Access Journal and allows the author to retain the copyright in their articles. Articles are made available under a Creative Commons licence (CC-BY) to allow others to freely access, copy and use research provided the author is correctly attributed.

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Journal of Academics Stand Against Poverty

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Article recordVersion of recordOpen accessVol 5 No 1August 17, 2026

Battling the Illegal Wildlife Trade Through Regulatory Finance: The Southeast Asian Context

The illegal wildlife trade (IWT) is a US$20 billion global industry, with significant environmental, economic, and sociopolitical harms. Fueled by a complex interplay of drivers and enabling factors, IWT poses concrete …

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Contributors

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  • Chad Patrick Osorio

    School of Environmental Science and Management, Department of Economics, University of the Philippines Los Banos

    ORCID

Abstract

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The illegal wildlife trade (IWT) is a US$20 billion global industry, with significant environmental, economic, and sociopolitical harms. Fueled by a complex interplay of drivers and enabling factors, IWT poses concrete stumbling blocks for several UN Sustainable Development Goals. There is an urgent need for comprehensive reforms to address its multifaceted consequences around the world. In Southeast Asia, IWT is rampant as the region serves as a global hub for this black market. However, because of its characterization as an invisible threat, many aspects of IWT in the region remains understudied, particularly its relationship with illicit financial flows. In this paper, I look at the different economic and legal interventions to address IWT, focusing on regulatory finance. Adapting legal mechanisms from comparative jurisdictions, I propose three measures to be spearheaded by the Association of Southeast Asian Nations (ASEAN) Economic Community: first, to strengthen the implementation of existing financial crime instruments through specialized training and the utilization of emerging technology such as AI and blockchain; second, to append wildlife crimes as predicate offences to financial felonies, and; third, to utilize financial regulation instruments to fight poverty and support inclusive community development, encouraging communities to be proactive partners in long-term wildlife conservation.

Keywords

Illegal Wildlife TradeSustainable Development GoalsSoutheast AsiaArtificial IntelligenceRegulatory Finance

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