Tracking the Trade: Transparent Supply Chains to Combat Wildlife Trafficking

Hong Kong’s position as a global business and trading hub also means it is a key gateway for the wildlife trade, connecting source countries with destination markets. This dynamic panel will explore the intersection of business responsibility and biodiversity through wildlife trafficking and the need for private sector action to combat this challenge. The session will spotlight how loopholes in today’s supply chains and regulatory gaps fuel the trade, bringing far-reaching implications for global biodiversity. The discussion will examine opportunities for industry stakeholders to take action and contribute to systemic change to safeguard biodiversity.

Learnings:

• Understand how businesses in Hong Kong, with particular sectors including transportation, logistics and finance are mediums contributing to the trade and its implications on global biodiversity
• Gain insights into how addressing wildlife trafficking within the Greater Bay Area has significant impacts to global biodiversity, highlighting the importance of regional cooperation and cross-border efforts spanning beyond Hong Kong’s borders
  Intended

Post-Event Actions:

• Encourage and support businesses to take proactive measures and adopt more responsible practices
• Foster partnerships between industry stakeholders, Government agencies, and technological innovators to implement systemic solutions for sustainable and responsible trade practices
• Learn how emerging technologies are being used to improve transparency and traceability across supply chains