Friday 21 June 2013

Trophy hunting almost worthless according to a new report

New Report: Economics of Trophy Hunting in Africa Are Overrated and Overstated

June 2013. A new report that analyses literature on the economics of trophy hunting reveals that African countries and rural communities derive very little benefit from trophy hunting revenue. The study, authored by Economists at Large-commissioned by the International Fund for Animal Welfare (IFAW), The Humane Society of the United States, Humane Society International and Born Free USA/Born Free Foundation-comes amid consideration to grant the African lion protection under the U.S. Endangered Species Act (ESA).
Trophy hunting, as practised by the good ol' Trump
 boys, provides minimal benefit to communities.

"The suggestion that trophy hunting plays a significant role in African economic development is misguided," said economist Rod Campbell, lead author of the study. "Revenues constitute only a fraction of a percent of GDP and almost none of that ever reaches rural communities."

Only 3 percent of revenue actually reaches the rural communities where hunting occurs
As a portion of any national economy, trophy hunting revenue never accounts for more than 0.27 percent of the GDP. Additionally, trophy hunting revenues account for only 1.8 percent of overall tourism in nine investigated countries that allow trophy hunting, and even pro-hunting sources find that only 3 percent of the money actually reaches the rural communities where hunting occurs. While trophy hunting supporters routinely claim that hunting generates $200 million annually in remote areas of Africa, the industry is actually economically insignificant and makes a minimal contribution to national income. Click here to read the report.

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