UNDP to fund US$3.3 million project to help tourism sector adapt to climate change
17 Aug 2011, 10:28 PM
The Ministry of Tourism and UNDP have signed a US$3.3 million project to help the Maldives tourism sector adapt to climate change.
UN Resident Representative Andrew Cox said that as tourism represented 30 percent of the economy and 60 percent of the country’s foreign exchange receipts, “the future of the Maldives is wrapped up in the tourism sector.”
“Right now there is a great deal of variety in how resorts handle the environment and climate change issues,” Cox said. “Some have this as their focus, the basis of their product, while others, it’s fair to say, do not.”
The project, he explained, would seek to help the Ministry of Tourism develop its own regulation, in partnership with the industry.
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