What is the value of pangolin skin?

The pangolin, an endangered mammal known for its unique scales, has been a target of poachers due to the misconception that its scales possess medicinal properties. However, scientific research has failed to prove any such claims, emphasizing the need for greater awareness and stricter enforcement to protect these vulnerable creatures.

The poaching crisis plaguing wildlife conservation efforts is largely fueled by international syndicates operating on a global scale. These syndicates possess the financial means to offer staggering prices for endangered species, making the illegal trade a lucrative venture.

The illegal wildlife trade is a complex and multifaceted issue that requires a collaborative effort from governments, NGOs, and local communities. By increasing public awareness, strengthening legal frameworks, and implementing stricter penalties, we can hope to curb this devastating practice and protect our planet's precious biodiversity.

In a shocking revelation, a report published by the New Era newspaper in 2020 disclosed the staggering value attached to pangolin skins on the black market. It was stated that a single pangolin skin fetched an astounding N$ 50,000, highlighting the severity of the issue.

When converted to Euros using current exchange rates, the N$ 50,000 translates to approximately 2,400 Euros. This figure underscores the immense profit margins that drive the illegal wildlife trade, as syndicates are willing to pay exorbitant amounts for rare and endangered species.