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Tortola, British Virgin Islands on April 1. Wreckage of Hurricane Irma still remains scattered all around the island. Credit: Shutterstock

Here’s an idea to harness the spending power of potential tourists — some who might be repeat visitors to the region and many who may want to go for the first time —in a way that helps with the rebuilding.

What if 5 million potential visitors “donated” $500 each and this pool of $2.5 billion was invested by a professional fund management team and directed into climate-resilient rebuilding? This could include solar panels on hotels to generate renewable energy or adapting structures to better withstand hurricane force winds. It also could mean investing in supporting businesses such as sailing charters and marinas, along with the hundreds of local businesses supporting these operations and all the jobs that they would bring back.

In exchange, these retail “donors” would receive concessions at businesses in regions that benefited from the rebuild.

Read the full article here.

By Ambuj Sagar and Vikram Widge for GreenBiz.



World Wetlands Day: IUCN launches regional project to enhance resilience of wetlands in Lower Mekong countries

Categories: Asia, Climate, Featured Post, Planet
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On the occasion of World Wetlands Day on February 2, IUCN is announcing the launch of a regional project to enhance the resilience of wetlands in Lower Mekong countries. Funded by the International Climate Initiative (IKI) of the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB), and to be implemented until 2020, the Mekong WET: Building Resilience of Wetlands in the Lower Mekong Region” project aims to build climate resilience by harnessing the benefits of wetlands in Cambodia, Lao PDR, Thailand, and Viet Nam.

wetlands in Lower Mekong

Photo: © Pheakdey Sorn/IUCN

Mekong WET will help the four countries to address their commitments to the Ramsar Convention, an international treaty for the conservation and sustainable use of wetlands, and to achieve the Aichi Biodiversity Targets. With wetlands featured as a key ecosystem, the project also supports governments in implementing their National Biodiversity Strategies and Action Plans (NBSAPs) under the Convention on Biological Diversity and pursuing their commitments on climate change adaptation and mitigation under the United Nations Framework Convention on Climate Change. By International Union for Conservation of Nature (IUCN). Read more.