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The Mission will advocate appropriate taxation and subsidy policies to encourage
investment in sustainable tourism activities and discourage unsustainable tourism.
Such policies will encourage green investment at the destinations and facilities. Such
policies can further support private sector in purchase of equipment or technology
that reduces waste, encourages energy and water efficiency,
or the protection of
biodiversity (payments for environmental services) and the strengthening of linkages
with local businesses and community organizations.
3.10.
Finance of Green Tourism Investments
The Mission through Ministry of Tourism will coordinate
with relevant Ministries
such as Finance and regulatory authorities to facilitate access to capital
for green
investments. In this connection, particular attention will be paid to tourism MSMEs.
Foreign direct investment (FDI),
private equity,
portfolio investment, and other
potential funding sources should be also aligned with
sustainable projects and
strategies for the tourism industry.
3.11.
Coordination and Partnerships for Green Tourism
The Mission will establish mechanisms for coordinating with Ministries responsible
for the environment, energy, labour, agriculture, transport, health, finance, security,
and other relevant areas, as well as with State and local governments for relevant
regulations, policies and governance structure. The Mission will closely work with
Industry and NGOs and will have strong
partnerships with Businesses, Donors,
Tourists,
International organizations, Academia and Civil
Society Organizations to
promote green tourism.
