Green Investments for Sustainable Tourism
Update:
In order to continue with the collaboration between UNWTO and IFC. It was decided to launch pilot phase in the following countries: India, Indonesia, Jamaica, Philippines, South Africa, Thailand, and Vietnam, with the view of expanding to several other countries in the next phase.
This pilot will be focus on an Investment Readiness Diagnostic that will be the basis for IFC’s proposed investment program. The program is a post-COVID medium-term credit line made available for hotels impacted by the downturn in tourism caused by the pandemic, coupled with provisions for retrofit greening, and disbursed in partnership with local financial institutions starting in 2021.
Please see the brief presentation.
Under the new Investment Readiness for Green Finance Mechanisms initiative, the UNWTO will work alongside the IFC, which is a member of the World Bank Group and the largest global development institution focused exclusively on the private sector in developing countries, on a series of training programmes. One of the main focuses of the new initiative will be working with private sector partners to promote green finance and share experience in resourcing sustainable buildings. The initial cooperation will consist in a series of trainings to promote green investments for a long term the recovery of the tourism sector. The first training is planned to start on 4 June, 2020 at 15:00 CET (Madrid time) in a webinar format, and it will culminate with an accreditation training provided by the EDGE Experts.
Presentations
- Download the Investments Readiness For Green Finance Mechanisms Presentation
- Access to Green Finance Mechanisms UNWTO and IFC Webinar Series
- One Planet Vision for a Responsible Recovery of the Tourism Sector
- Government Incentives for Green Hotels
- IFC Manuel Buttler
- Government Incentives for Green Hotels
Purpose
UNWTO is partnering with the IFC for a series of technical training programmes aimed at promoting green finance and unlocking its potential to accelerate tourism’s recovery and stimulate sustainable growth.
Objectives:
- Identify aggregators across the hotel value chain in order to promote and implement sustainability measures (Performance and Efficiency).
- Provide skills training on green building adoption and transitions to enable sustainable investments (Accreditations and Certifications).
- Facilitate sustainable investment mechanisms to access green finance opportunities (Compliance and Brand Reputation).
Audience and registration:
We invite government officials, hospitality investors, aggregators and tourism investment consultants to register.
Programme Structure:
Programme Timeline and Key dates:
-
4 June | Tourism Investments Overview
Webinar UNWTO Investment Forums
Governmental Authorities
Project Managers, Consultants, Promoters -
11 June | Access to Green Finance Mechanisms (Sustainable Hotels)
Webinar UNWTO Investment Forums
Governmental Authorities
Hospitality Investors and C-Level Executives
Project Managers, Consultants, Promoters -
18 June | Government Green Incentives (Case studies)
Webinar UNWTO Investment Forums
Governmental Authorities
Hospitality Investors and C-Level Executives -
25 June | Green Investment Strategies (Boost profitability)
Webinar UNWTO Investment Forums
Governmental Authorities
Project Managers, Consultants, Promoters -
9-10 July | EDGE Experts Training (Accreditation)
Webinar UNWTO Investment Forums
Project Managers, Consultants, Promoters
BUSINESS CASE FOR SUSTAINABLE HOTELS:
1. Boost profit margins through utility savings
2. Increase revenue through satisfying consumer preference and reducing reputational risk
3. Future proof investment strategies
4. Safeguard against regulatory risk and benefit from incentives
5. Increase value and validation through certification
6. Ensure a long-term energy supply
BUSINESS CASE FOR SUSTAINABLE HOTELS: A publication by the International Tourism Partnership in collaboration with IFC