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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 9 th -13 th St. Michael, Barbados. How investment is often done. So they build this.

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opportunities for sustainable investment and financing in tourism the sift network

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
How investment is often done

So they build this

People want this

why most tourism investment is not sustainable
Why most tourism investment is not sustainable

The Sustainable Investment and Finance in Tourism (SIFT) Network is intended to resolve these problems

what is sift
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.

what will sift do

Facilitate sustainable investments

What will SIFT do?

Tools to mainstream Sustainability

Disseminate information

sift network
SIFT Network

Planned three steps:

sift and the global sustainable tourism partnership
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 tool2
UNEP-WWF Investment tool

Final stages of development

Looking for countries/destinations to pilot the model

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