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TUI Care Foundation and World Tourism Organization announce ‘Tourism for Development Fund’ for Least Developed Countries

UN Conference LDC5 recognises tourism as one of the main drivers for sustainable development in Least Developed Countries (LDCs). Supported by UNWTO, TUI Care Foundation will invest 10 million euros by 2030 to boost sustainable tourism in LDCs.

DOHA – During the fifth UN Conference on the Least Developed Countries (LDC5), which takes place once every decade, the TUI Care Foundation and the UN World Tourism Organization (UNWTO) announced their plan to put LDCs at the heart of sustainable tourism development. Through its new Tourism for Development Fund, supported by the UNWTO, the TUI Care Foundation will invest 10 million euros by 2030 to support projects in LDCs.

According to the United Nations, sustainable tourism has the potential to be a key driver of development in many LDCs. The sector, with its extensive links to a wide range of stakeholders and activities, can contribute to economic growth, community development, intercultural dialogue and environmental conservation. Through its Tourism for Development Fund, the TUI Care Foundation will drive positive outcomes in education, local entrepreneurship, support for artisans and creatives, and the protection of natural habitats on land and below water.

Thomas Ellerbeck, Chairman of the TUI Care Foundation, explains: “Least Developed Countries have an enormous untapped tourism potential which is an important opportunity for their economic, social, and environmental sustainability. Together with UNWTO, we will foster tourism as a vehicle for cross-sectoral growth and create an enabling environment for founders and small businesses to thrive. Particularly female founders have a tendency to create more sustainable and digital solutions and thus deserve more support. We want to put destinations in LDCs on the global tourism map and examples like Cape Verde have proven: Tourism is a global force for good.”

UNWTO Secretary-General, Zurab Pololikashvili, says: “For Least Developed Countries everywhere, tourism represents a pillar of growth and opportunity. Through the Tourism For Development Fund, UNWTO and TUI Care Foundation will provide vital investment for the sector, working directly with local stakeholders to deliver on our sector’s unique potential to spur economic development, protect culture and ecosystems and put emerging destinations on the global tourism map.”

Implementing the Foundation’s strategic framework, projects will particularly focus on dual vocational training for disadvantaged communities, the conservation of endangered species, sustainable agriculture, protection of marine environments, empowering local entrepreneurs, creatives, and artisans, and promoting sustainable investment. Carefully assessing local needs, the Fund will support projects designed to increase the capacity of destination communities to improve their livelihoods, conserve and regenerate nature, and create market-based solutions that benefit tourism destinations. Targeted LDCs include Cambodia, Lao, Mozambique, Rwanda, Senegal, The Gambia, Tanzania, Uganda, and Zambia.

To support the Tourism for Development Fund, the UNWTO will provide a platform to advance the initiative, invite funders to join and support calls for proposals, liaise with member states from LDCs and international organisations for further coordination, and jointly organise a series of events that promote the potential of sustainable tourism in LDCs.

UNWTO Executive Director, Zoritsa Uresovic, adds: “The creation of the Tourism for Development Fund represents a big step forward in building a more sustainable sector. Funding will be directed where it will make the biggest difference and allow communities in Least Developed Countries to take the lead in the development of tourism as a driver of opportunity and a tool to protect and celebrate cultural and natural heritage.”

TUI Care Foundation Executive Director, Alexander Panczuk, adds: “Together with the World Tourism Organization, we invite potential partners to collaborate and join forces to boost the potential of tourism in LDCs. The Tourism For Development Fund will leverage the power of the tourism sector in the race to meet the United Nations Sustainable Development Goals.”

Call for proposals will be published via UNWTO and TUI Care Foundation on a regular basis for non-profit organisations and social enterprises to apply to the Tourism For Development Fund.

Co-Founder & Chief Editor - TravelDailyNews Media Network | Website | + Posts

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.