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Explore investment opportunities and financing in sustainable tourism through the SIFT Network. Learn how to shift towards a Green Economy by promoting sustainable investments in tourism development. Join investors, financiers, and destinations to encourage financially, environmentally, and socially sustainable tourism projects. Get involved in mainstreaming sustainability, disseminating information, and collaborating with stakeholders. Take part in shaping the future of sustainable tourism investments.
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Opportunities for Sustainable Investment and Financing in Tourism: The SIFT Network Erica Allis United Nations Environment Programme Eleventh Caribbean Conference on Sustainable Tourism Development May 9th-13th St. Michael, Barbados
How investment is often done So they build this People want this
Why most tourism investment is not sustainable The Sustainable Investment and Finance in Tourism (SIFT) Network is intended to resolve these problems
The Sustainable Investment and Finance in Tourism (SIFT) Network
Sustainable Investment and Finance in Tourism (SIFT) Network
What is SIFT? A network to enable investors, financiers, and destinations to share knowledge and encourage investments in tourism development that is financially, environmentally, and socially sustainable.
Facilitate sustainable investments What will SIFT do? Tools to mainstream Sustainability Disseminate information
SIFT Network Planned three steps:
SIFT and the Global Sustainable Tourism Partnership Tourism Sustainability Council (TSC) Criteria and standards Private sector buy-in Sustainable Investment and Finance in Tourism (SIFT) Network Global Partnership for Sustainable Tourism United Nations agencies and programs $$ Projects Specialized knowledge Policies Projects Products Informed consumers Local knowledge Regional Networks
UNEP-WWF Investment tool Final stages of development Looking for countries/destinations to pilot the model
Thank you! • Erica Allis • erica.allis@unep.org