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Coral poaching

Removal of coral from protected areas for sale

  • 7 min read
  • 5 chapters

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Through Protected area, Ecosystem and Brick

Background

Coral is one of the most highly valued material for jewelry in many parts of Asia. It has a wholesale market value between $50 million and $60 million per year, with the value of each piece of jewelry based on the color, size, and quality of the coral. The most common type that is sold is red coral, considered the most precious of all types and sometimes thought to be endowed with pseudoscientific properties. Due to this, coral has been harvested and traded for centuries throughout Asia.

Since the 8th century, people have poached coral from marine ecosystems. Coral poaching is a major environmental problem in Asia and continues to destroy valuable ecosystems and habitats. As of 2015, an estimated 18.7% of coral reefs are in marine protected areas and only 2% of these areas satisfactorily prevent further degradation. It is estimated that illegal coral extraction generates $230,000,000 annually. This causes a significant loss of value in the area being poached and harms the marine wildlife in the area. In 1997, it was reported that many exporters of precious coral come from Hong Kong, Taiwan, and Indonesia.

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