Google, Meta, and other tech companies, along with several crypto firms, have pledged to help combat the illegal wildlife trade.

PANews reported on June 22 that, according to Reuters, Google, Meta, TikTok, Alibaba, and several crypto companies pledged on Monday to help combat the illegal wildlife trade by using AI detection and other methods to identify and remove information about illegal wildlife product transactions from their platforms. These companies represent one-fifth of the global e-commerce market and 90% of global social media users. Companies like Vodafone will use AI for anti-money laundering and transaction monitoring on their M-Pesa mobile payment platform. Crypto and payment companies such as PayPal, TRM Labs, Chainalysis, and Luno pledged to cut off related funding flows. A UN report states that the wildlife trade generates $23 billion annually and threatens approximately one million species with extinction.