Wildlife economies

Future,Environmental,Conservation,And,Sustainable,Esg,Modernization,Development,By,Using

15 Mar: Realigning Conservation and Development

The fragility of business models for Africa’s protected areas has been exposed by continent-wide closure of the tourism sector in response to the Covid-19 pandemic. These areas have traditionally relied on three sources of funding – subsidies from national governments, tourism-related revenues such as entrance fees and leasing fees for lodges, and international aid. National funding for African protected areas has always been modest. During the lockdown, tourism revenue disappeared, and multilateral aid flows were redirected to Covid-related priorities.