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Wise Coastal Practices for Sustainable Human Development Forum

Directing tourism investment / Caribbean islands.

Posted By: Leisa Perch
Date: Thursday, 20 April 2000, at 2:49 p.m.

In Response To: Holding developers and governments accountable. (Hari Baral)

This is very interesting as we in the Caribbean are coming to grips with this very situation. Although we do not, by any means, wish to halt "progress" and stifle "economic development" we should also ensure that progress and development are long-lasting and that if we are going to sell precious resources then we should do so for the best value and price. We certainly should ensure that we have enough money to cope with the likely consequences.

The Caribbean Planning for Adaptation to Global Climate Change (CPACC) Project presently being implemented in the Caribbean is looking at two approaches which may assist in redressing this problem:

1. Economic valuation of coastal and marine resources (in the sense that this is the best value and way to utilize this resource after taking into consideration natural functions etc. which also save us money); and

2. The formulation of economic and regulatory proposals with regard to changing behaviour, particular that of investors and others in terms of how, when and where they build.

Interestingly, beach conservation and sand have been identified by the pilot countries as priority areas of concern. One can see how these all tie into and are affected by tourism. In fact, tourism is also one of the sectors which the pilot countries wish to target.

Additionally the World Bank has recently been working with agencies in the region regarding capturing additional rents from the tourism industry.

I would be interested in knowing of other experiences, tools and activities in this area.

Leisa Perch
Public Relations and Projects Officer
Caribbean Planning for Adaptation to Global Climate Change (CPACC) Project, Barbados.

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