Conservation Risks: When Will Rhinos be Extinct?

We develop a risk intelligence system for biodiversity enterprises. Such enterprises depend on a supply of endangered species for their revenue. Many of these enterprises, however, cannot purchase a supply of this resource and are largely unable to secure the resource against theft in the form of poaching. Because replacements are not available once a species becomes extinct, insurance products are not available to reduce the risk exposure of these enterprises to an extinction event. For many species, the dynamics of anthropogenic impacts driven by economic as well as noneconomic values of associated wildlife products along with their ecological stressors can help meaningfully predict extinction risks. We develop an agent/individual-based economic-ecological model that captures these effects and apply it to the case of South African rhinos. Our model uses observed rhino dynamics and poaching statistics. It seeks to predict rhino extinction under the present scenario. This scenario has no legal horn trade, but allows live African rhino trade and legal hunting. Present rhino populations are small and threatened by a rising onslaught of poaching. This present scenario and associated dynamics predicts continued decline in rhino population size with accelerated extinction risks of rhinos by 2036. Our model supports the computation of extinction risks at any future time point. This capability can be used to evaluate the effectiveness of proposed conservation strategies at reducing a species' extinction risk. Models used to compute risk predictions, however, need to be statistically estimated. We point out that statistically fitting such models to observations will involve massive numbers of observations on consumer behavior and time-stamped location observations on thousands of animals. Finally, we propose Big Data algorithms to perform such estimates and to interpret the fitted model's output.