{"id":50740,"date":"2021-12-16T16:34:41","date_gmt":"2021-12-16T15:34:41","guid":{"rendered":"https:\/\/travindy.com\/?p=50740"},"modified":"2021-12-16T16:34:41","modified_gmt":"2021-12-16T15:34:41","slug":"the-african-nature-based-tourism-platform-connecting-funders-to-beneficiaries-in-11-countries-in-eastern-and-southern-africa","status":"publish","type":"post","link":"https:\/\/travindy.com\/news\/2021\/12\/the-african-nature-based-tourism-platform-connecting-funders-to-beneficiaries-in-11-countries-in-eastern-and-southern-africa\/","title":{"rendered":"The African nature based tourism platform &#8211; connecting funders to beneficiaries in 11 countries in eastern and southern Africa"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-50741\" src=\"https:\/\/travindy.com\/wp-content\/uploads\/2021\/12\/kenya-g7164db362_1280-e1639668651552.jpg\" alt=\"African NBT\" width=\"1000\" height=\"563\" \/><\/p>\n<p><span class=\"wpsdc-drop-cap\">D<\/span>urban, South Africa &#8211; The newly launched African Nature-Based Tourism Platform is 8 months into its first year of the three-year project phase. It is an innovative collaboration to channel vital COVID-19 relief and recovery funding to communities and small and medium enterprises (SMEs) involved in nature-based tourism in Africa.<\/p>\n<p>Africa witnessed an estimated 90% drop in international tourism arrivals between April and December of 2020 (UNWTO, 2020). This translated into an<strong> estimated loss of $87 billion in revenue, 12.4 million jobs, and between 70-90% of conservation funding<\/strong> (WTTC, 2020).<\/p>\n<p>\u201cThe COVID-19 crisis has crippled economies and industries all over the world, and nature-based tourism has been one of the leading economic casualties. For many African countries, this means a significant loss of funding for their conservation operations, local community livelihoods, and tourism enterprises.\u201d Dr. Nikhil Advani, Project Manager.<\/p>\n<p>In response, with funding from the Global Environment Facility (GEF), the African Nature-Based Tourism Platform seeks to connect funders to communities and small and medium enterprises involved in nature-based tourism in 11 African countries.<\/p>\n<p>Launched in April 2021, the platform has now succeeded in conducting over 500 surveys among communities and SMEs across the project focal countries, and data suggests a reduction of 58% of the staff complement across the enterprises surveyed to date.** The surveys are collecting baseline data of how communities and SMEs are involved in nature-based tourism, their financial and staffing situation prior to the COVID-19 crisis, how the pandemic has affected this, and relief and recovery opportunities they are interested in exploring.<\/p>\n<p>In addition, the platform enhances knowledge sharing between relevant stakeholders, seeks to connect potential beneficiaries to funders, facilitates the development of funding proposals from communities and SMEs, and serves as a hub for everyone involved in the sector to share and access information.<\/p>\n<p>With data collection wrapping up, the platform is now turning its primary focus to securing funding resources. \u201cThe goal is to mobilize at least $15 million to support communities and SMEs to recover from the pandemic and <strong>build greater resilience into the nature-based tourism business model<\/strong> into the future. The types of financial support we are looking to make available to beneficiaries include grants, loans, equity, and quasi-equity, among others. The sources for this financial support include governments, individual donors, institutional donors, banks, and investors, among others.\u201d Dr. Nikhil Advani, Project Manager.<\/p>\n<p>The African NBT Platform welcomes the opportunity to further explore funding resources that will allow nature-based tourism enterprises to recover from the COVID-19 pandemic in a sustainable way, and build back better to increase resilience to future shocks and stressors.<\/p>\n<p><strong>This is an excerpt from an article originally published by <a href=\"https:\/\/www.traveldailynews.com\/post\/the-african-nature-based-tourism-platform-connecting-funders-to-beneficiaries-in-11-countries-in-eastern-and-southern-africa\" target=\"_blank\" rel=\"noopener nofollow\">Travel Daily News<\/a>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Durban, South Africa &#8211; The newly launched African Nature-Based Tourism Platform is 8 months into its first year of the three-year project phase. It is an innovative collaboration to channel vital COVID-19 relief and recovery funding to communities and small and medium enterprises (SMEs) involved in nature-based tourism in Africa. Africa witnessed an estimated 90% [&hellip;]<\/p>\n","protected":false},"author":367,"featured_media":50741,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1514,534,3177,3255,140],"tags":[1665],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The African nature based tourism platform - connecting funders to beneficiaries in 11 countries in eastern and southern Africa<\/title>\n<meta name=\"description\" content=\"urban, South Africa - The newly launched African Nature-Based Tourism Platform is 8 months into its first year of the three-year project phase. 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