Global Agenda Council on Illicit Trade 2012-2014
Fuelled by the same forces that have expanded trade, communication and information exchange worldwide, illicit trade and criminal syndicates undermine the competitiveness of companies and the security of nations and communities. Organized crime preys on every aspect of society, with football, banking secrecy and endangered species being its most high profile victims in the past year. Harnessing the illicit trade of people, goods, drugs, money, intellectual property and environmental resources, criminal networks have expanded into multi-billion dollar syndicates. Estimates of the shadow economy place the scale of the issue at US$ 650 billion, or a staggering 2 trillion, including money laundering.
What the Council is doing about it
The Council is addressing a fundamental weakness in policymaking and collaboration in this field: the lack of good data and information on the impact of organized crime and illicit trade. Without reliable, replicable and sound data on the scale and nature of the problem, policies and strategies to combat organized crime and illicit trade may miss the mark. The Council asked for collaboration from six international agencies to help improve the measurement of illicit trade. The UNODC, the WCO, the OAS, the European Monitoring Centre for Drugs and Drug Addiction, Europol and the OECD have agreed to provide data and lend resources to the project.
The development of a multistakeholder approach that engages the private sector, governments and civil society is essential to enforce regulatory frameworks, monitor supply chains and raise awareness of the issue. The Council is thus working to provide a platform to foster multistakeholder collaboration and awareness of human trafficking specifically. It will examine the connections between the illegal movement of people, and provide a safe place for dialogue for businesses that want to cooperate on the issue.
“Estimates of the shadow economy place the scale of the issue at US$ 650 billion, or a staggering 2 trillion, including money laundering.”
Applying technology to the issues, the Council has also developed an online app, to be launched in the fall of 2013, called “Should I buy it?”.
Over the coming year, the Council will refine its proposal for a methodology to measure the impact of illicit trade, for presentation to stakeholders at the World Economic Forum Annual Meeting 2014. Similarly, the Council will collaborate with other Councils to develop a common narrative on how businesses can approach illicit trade, organized crime and anti-corruption.
To get involved please contact
Council Manager: Isabel de Sola, Associate Director, Global Agenda Councils, Isabel.firstname.lastname@example.org
Council Manager: Tiffany Misrahi, Knowledge Manager, Global Agenda Councils, email@example.com
Forum Lead: Martina Gmur, Senior Director, Head, Global Agenda Councils, martina.gmür@weforum.org