Banking on Protected Areas: Promoting Sustainable Protected Area Tourism to Benefit Local Economies

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Protected areas are key to any global effort to conserve biodiversity. While governments see protected areas as key to addressing biodiversity loss, they are often overlooked in economic development plans and recovery strategies. One reason for this is because data gaps make it difficult to demonstrate protected area tourism’s far-reaching stimuli to national and local economies, especially in developing countries.

This World Bank study quantifies the impacts of protected area tourism on local economies to show that protected areas promote conservation and development. It makes the case that the promotion of sustainable tourism in protected areas should be actively included in COVID-19 economic recovery plans, an investment that would provide jobs and support economic development while also protecting biodiversity.

The report recommends that conservation areas receive formal protection, increased public and private investment, close monitoring, and capacity support for managers if their role as ‘engines of development’ is to be realized.

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