RESUMO
Can a regulated, legal market for wildlife products protect species threatened by poaching? It is one of the most controversial ideas in biodiversity conservation. Perhaps the most convincing reason for legalizing wildlife trade is that trade revenue could fund the protection and conservation of poached species. In this paper, we examine the possible poacher-population dynamic consequences of legal trade funding conservation. The model consists of a manager scavenging carcasses for wildlife product, who then sells the product, and directs a portion of the revenue towards funding anti-poaching law enforcement. Through a global analysis of the model, we derive the critical proportion of product the manager must scavenge, and the critical proportion of trade revenue the manager must allocate towards increased enforcement, in order for legal trade to lead to abundant long-term wildlife populations. We illustrate how the model could inform management with parameter values derived from the African elephant literature, under a hypothetical scenario where a manager scavenges elephant carcasses to sell ivory. We find that there is a large region of parameter space where populations go extinct under legal trade unless a significant portion of trade revenue is directed towards protecting populations from poaching. The model is general and therefore can be used as a starting point for exploring the consequences of funding many conservation programs using wildlife trade revenue.