The Financing Requirements of Nature and Heritage Tourism in the Caribbean












Table of Contents

Department of Regional Development and Environment
Executive Secretariat for Economic and Social Affairs
General Secretariat, Organization of American States

Cover: Grand Pitons, Saint Lucia
Cover Photograph: Jan C. Vermeiren

in collaboration with the Inter-American Investment Corporation

Table of Contents

PREFACE

ACKNOWLEDGMENTS

EXECUTIVE SUMMARY

I. INTRODUCTION

II. CHARACTERISTICS OF NATURE AND HERITAGE TOURISM FINANCING

A. Economic Rationale for Nature and Heritage Tourism
B. Potential Markets for Nature and Heritage Tourism
C. Infrastructure Requirements for Nature and Heritage Tourism

III. TYPES OF MANAGEMENT FOR ECOTOURISM PROJECTS

A. National Governments
B. Non-governmental Organizational (NGOs)
C. Private Sector

IV. FUNDING SOURCES FOR NATURE AND HERITAGE TOURISM PROJECTS

A. Development Banks (Regional and National)
B. Commercial Banks
C. Financial Agencies
D. International Assistance Agencies

V. MEASURES TO FACILITATE FINANCING THE DEVELOPMENT OF NATURE AND HERITAGE TOURISM

Governments
Financial/Banking Community
Private Entrepreneurs
All Borrowers
Intergovernmental and International Assistance Agencies
Joint Efforts

ANNEX 1. NATURE AND HERITAGE TOURISM: CASE STUDY AND ROAD MAP FOR PROJECT PREPARATION

ANNEX 2. TOURISM AS AN ECONOMIC DEVELOPMENT TOOL

ANNEX 3. CHART 1, CHART 2, CHART 3

ANNEX 4. TERMS OF REFERENCE OF STUDY

BIBLIOGRAPHY

THE ORGANIZATION OF AMERICAN STATES