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BANK WATCH

Sustainable Tourism Bank Watch Report
April 2005

BANK WATCH FORUM

The latest news from the Sustainable Tourism Bank Watch

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A CHALLENGE FOR CONSERVATIONISTS

World Watch published a must-read article by Mac Chapin in the November/December 2004 issue. A Challenge for Conservationists is available in PDF format. Login required.

 

An excerpt: "As corporate and government money flow into the big three international organizations that dominate the world's conservation agenda, their programs have been marked by growing conflicts of interest--and by a disturbing neglect of the indigenous people whose land they are in the business to protect."

World Watch has also published Reader Responses (also a PDF, login required) and a more reader-friendly html page of even More Reader Responses to 'A Challenge for Conservationists'

For continued discussion of this issue, read ODI's transcript of a presentation on Rights and natural resources.


CERTIFICATION UPDATE

Last summer Indigenous Tourism Rights International conducted an online conference among indigenous peoples about the issue of tourism certification and in particular a recent IDB grant in the Americas. The summary report can be downloaded online


US$9 MILLION GRANT TO WORK WITH CENTRAL AMERICAN INDIGENOUS COMMUNITIES

From the IDB news room comes this gem released last December 17th.

The Global Environment Facility (GEF) , the Inter-American Development Bank (IDB) and the World Bank (WB) announced today a five-year joint program to promote sustainable development in indigenous communities in Central America. The program will be financed with a US$9 million grant from the GEF, US$4 million of which will be administered by the World Bank and US$5 million by the IDB.

The GEF grant will be disbursed between 2005 and 2009. Local indigenous communities and CCAD will contribute US$2.5 million in counterpart funds to the project, which will enable participating groups to access additional resources from other development projects financed by the IDB and the World Bank in Central America.

The project will prevent land degradation that threatens environmental services, livelihoods, and the economic well-being of approximately 558 indigenous communities while conserving the region's high, but increasingly threatened, biodiversity resources.

Full press release

More details online the World Bank website via the Updated Project Information Document on the Central America: Indigenous Integrated Ecosystem Management


NEW PUBLICATIONS: ECOLODGES

Ecolodges: Exploring Opportunities for Sustainable Business - IFC summarizes the results of research on the triple bottom line from the two studies below, emphasizing environmental, social and economic sustainability in the ecolodge sector. Key factors are highlighted regarding what makes an ecolodge environmentally, socially and financially successful.


QUOTABLE

Sami Grover: Studies have shown up to 97% of a tourist's energy footprint being a result of airtravel, it would seem that any improvements in destination based energy use, however welcome, are limited in reducing the overall impact of tourism (the 97% figure is cited in our new Tourism, Recreation and Climate Change book, but comes from: Gössling et al (2002), "Ecological Footprint Analysis as a Tool to Assess Tourism Sustainability" Ecological Economics 43 (2-3), 199-211).

Any contribution which tourism makes to preventing deforestation and/or funding reforestation should also be taken into account, but the debate about the security of forests as carbon sinks rumbles on and is far from settled. I'm not saying that tourism shouldn't be considered as a funding source for such programmes, but the whole energy lifecycle of a tourism trip must be taken into account before it can be seen as any kind of solution to climate change.

For more information about the environmental impact of transportation, please consult the Transportation Forum.


NEWSGOOGLED

The nomination of US Deputy Defence Secretary Paul Wolfowitz to head the World Bank surprised many. Here are views from around the world courtesy of Google News

Bush courts controversy with Wolfowitz for World Bank
Wolfowitz seeks to calm critics
Wolfowitz says he was inspired by tsunami
World Worries Over Wolfowitz
Europeans resigned to Wolfowitz appointment


RECENT HEADLINES

b Eight Myths about Recycling - IDB
b Interview with Deborah McLaren - Sherry Schwarz/Transitions Abroad
b System to Monitor Tourism - Hindu Business Line
b Rivalry for Tourists Heats Up in E. Africa - Washington Post

 

ABOUT THE SUSTAINABLE TOURISM BANK WATCH

Sustainable Tourism Bank Watch brings together multiple stakeholders -- including donors, communities, operators and media -- in a review of current financing of sustainable travel and ecotourism offered by International Financial Institutions (IFIs) including the World Bank, the Inter-american Development Bank, USAID and others.

REMINDER -- You'll find more sustainable tourism bank watch news and discussion in the Bank Watch topic in the Planeta Forum


UPCOMING EVENT: ECOTOURISM EMERGING INDUSTRY FORUM

Planeta.com is co-developing the Ecotourism Emerging Industry Forum with EplerWood International. This forum is designed to provide professionally moderated, up-to-date results on small and medium enterprise (SME) priorities for funding and investment decisions for sustainable tourism in developing countries. Details ...



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