Financial Action Task Force (FATF) president Dr Marcus Pleyer has called for a global push to take the illicit profits out of environmental crimes, at a high-level FATF conference involving the public, private, not-for-profit sectors and academia. 

According to the FATF, environmental crimes generate around US$110 to $281 billion in criminal gains each year and include illegal logging, illegal mining, waste dumping and other crimes.

“Tackling money laundering linked to environmental crime is an often overlooked part of a much larger solution to helping save our climate,” said Dr Pleyer. “At the moment, far to...