from Market Design at http://bit.ly/2iOqz9l on December 30, 2016 at 08:48PM
"China announced on Friday that it was banning all commerce in ivory by the end of 2017, a move that would shut down the world’s largest ivory market and could deal a critical blow to the practice of elephant poaching in Africa.
The decision by China follows years of growing international and domestic pressure and gives wildlife protection advocates hope that the threatened extinction of certain elephant populations in Africa can be averted.
“China’s announcement is a game changer for elephant conservation,” Carter Roberts, the president and chief executive of the World Wildlife Fund, said in a written statement. “With the United States also ending its domestic ivory trade earlier this year, two of the largest ivory markets have taken action that will reverberate around the world.”
According to some estimates, more than 100,000 elephants have been wiped out in Africa over the past 10 years in a ruthless scramble for ivory driven by Chinese demand.
Wildlife advocates have said for years that the most important step in putting poachers out of business would be shutting down the ivory industry in China.
The advocates have promoted long-running public campaigns to shame China and raise questions about its global responsibilities, at a time when China has been assuming a higher profile on the world stage. But the success of the new policy depends on how strictly it is enforced."