Tourism finance for sustainability: investing in green futures

This article explores the critical role of tourism finance in advancing sustainability within the global travel andtourism industry. As environmental degradation and climate change increasingly impact tourism destinations, the needfor green investment strategies becomes more urgent. The study investigates how targeted financing mechanisms cansupport sustainable tourism development by funding eco-friendly infrastructure, promoting low-impact tourism models,and empowering local communities. Using a qualitative research approach based on literature analysis, the paperexamines seven key sources of tourism finance, assessing their potential to contribute to long-term environmental, social,and economic goals. The findings offer strategic recommendations for policymakers, investors, and tourism leaders toalign financial planning with sustainability objectives, ensuring resilient and inclusive growth for the tourism sector

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-04-07
DOI
https://doi.org/10.5281/zenodo.15259412
Primary Topic
Diverse Aspects of Tourism Research
Type
article
Field-Weighted Citation Impact
0.00
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article

Tourism finance for sustainability: investing in green futures

Zenodo (CERN European Organization for Nuclear Research)
Diverse Aspects of Tourism Research
article

Tourism finance for sustainability: investing in green futures

article en

Abstract

This article explores the critical role of tourism finance in advancing sustainability within the global travel andtourism industry. As environmental degradation and climate change increasingly impact tourism destinations, the needfor green investment strategies becomes more urgent. The study investigates how targeted financing mechanisms cansupport sustainable tourism development by funding eco-friendly infrastructure, promoting low-impact tourism models,and empowering local communities. Using a qualitative research approach based on literature analysis, the paperexamines seven key sources of tourism finance, assessing their potential to contribute to long-term environmental, social,and economic goals. The findings offer strategic recommendations for policymakers, investors, and tourism leaders toalign financial planning with sustainability objectives, ensuring resilient and inclusive growth for the tourism sector

Zenodo (CERN European Organization for Nuclear Research)
Decent work and economic growth
Openalex Percentile: Top 43%
Diverse Aspects of Tourism Research
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