Global Futures Bulletin: Money laundering from environmental crime
Money laundering involves concealing the origins of illegally obtained funds, while illicit financial flows impact developed and developing countries alike as criminal proceeds traverse international borders. In this edition, we highlight the threat of money laundering and illicit financial flows for the stability of financial systems and economies worldwide.
The consequences of these illicit practices are far-reaching. They not only allow corrupt individuals and criminal organizations to exploit their ill-gotten gains with impunity but also undermine the rule of law, exacerbate economic inequality, and hinder governance and sustainable development.
Check out the Bulletin to learn whether global anti-money laundering systems are equipped to combat this existential threat that carries grave implications for the triple planetary crisis of climate change, pollution, and nature and biodiversity loss.Read the publication