Economic Objectives Of Ecotourism

Ecotourism is primed because it combines both the green aspect: environmental preservation, and the business aspect: profits. The aim of ecotourism is to create a sustainable tourism that contributes to both conservation and development, being the overlap between economic profit and environmental preservation. The industry is has the most rapid growth with regards to the tourism industry; it is approximated that it makes a revenue of $30billion to $1.2 trillion every. However, in many areas, that practice eco-tourism, eco-tourism is often a hazard rather than an antidote. It creates a deluge of issues such as the environmental degradation, negative economic benefits and skewed environmental knowledge. Thus, this calls to for the need to invoke

With most of the ecotourism businesses being very well received: high numbers of admissions and increasing growth of number of tourists, it is without a doubt that we assume it increases the incomes of the locals being involved in ecotourism. However, that is not even close to the truth. In Madagascar, where ecotourism is one of the main industries in the country, Gezon did a study and she reported that although a percentage of the entry fees received goes back to the country, there is near no increment to the incomes of the locals. The villagers receive little to nothing or the benefits that trickle down from the large transnational companies (TNCs) to the government to the associated authorities then to the locals. Thus, we see that ecotourism, in reality, does not generate much economical benefit for the locals. However, some proponents endorse ecotourism’s economical benefit because it creates jobs for the locals, increase the tourism revenue and allows host country to tax the companies that is carrying out ecotourism activities. In countries like Seychelles, Kenya, Tanzania and Mauritius, ecotourism is one of the largest contributor to their national gross domestic product (GDP): taxing and multiplier effect. This adds to the fund that is used to operate the countries’ activities: schools, hospitals and transport system. Additionally, it also allows for small and medium enterprises to thrive, due to increased tourism and thus spending. Albeit a degree of truth in that contention, it is sensible to note that most of these “revenues” that are supposed to be for the host country “disappears”. The reason is due to the economic leakages, where most of the revenues generated do not go to the host country or the locals. Most of the companies, tour agencies and accommodations, are largely owned by TNCs that are not from the country itself. Thus, the