Eco-Tourism Developments and Value Chains

Eco-tourism

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Eco-Tourism Developments and Value Chains
Eco-Tourism Developments and Value Chains
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Services
Hospitality and Recreation
Business Model Description

Construct and operate hotels and resorts with eco-tourism practices relying on local value chains, including organic food, agri-tech, reduced energy usage and improved waste circularity. Diversify tourism operations around cultural and natural offerings with links to local communities and in areas such as domaine-inland natural leisure parks, reserves for coral and mangrove protection, endemic forests and bird sanctuaries.

Expected Impact

Enhance the participation of communities and local providers and suppliers in tourism value generation, and reduce environmental harm caused by the industry.

How is this information gathered?
Updated: 5 Sep, 2022 Date of Production: 1 Sep, 2022
Mauritius
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
USD 13 million total return per annum
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Responsible Consumption and Production (SDG 12) Decent Work and Economic Growth (SDG 8) Life on Land (SDG 15)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Sustainable Cities and Communities (SDG 11) No Poverty (SDG 1) Life Below Water (SDG 14)

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Sector Sources
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IOA Sources
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Green Entrepreneurship Development Strategy Based On Local Characteristic To Support Eco-Tourism Continuous. https://www.researchgate.net/publication/335035112_Green_Entrepreneurship_Development_Strategy_Based_On_Local_Characteristic_To_Support_Eco-Tourism_Continuous. 19) Republic of Mauritius. November 2020. Statistics in Mauritius, A gender Approach, 2018. https://gender.govmu.org/Documents/2020/Statistics%20in%20Mauritius%20A%20Gender%20Approach%20Year%202018.pdf. 20) World Bank Group. 2018. Mauritius: Earnings Mobility and Inequality of Opportunity in the Labor Market. https://www.npccmauritius.org/images/download/56.pdf. 21) UNCTAD. May 13, 2020. COVID-19 puts women working in SIDS tourism industry at risk. https://unctad.org/fr/node/2415. 22) World Bank Group. June 25, 2015. Mauritius, Systematic Country Diagnostic. https://openknowledge.worldbank.org/handle/10986/23110?locale-attribute=fr. 23) Mauritius Standards Bureau. 2019. 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The Environmental Protection Act 2002, Act No.19 of 2002. http://www.tourismauthority.mu/userfiles/file/tourismauthority/legislation/acts/Mauritius_Environment_Protection_Act_2002.pdf. 33) EDB Mauritius. 2020. Mauritius Real Estate & Tourism. https://www.edbmauritius.org/sites/default/files/2020-09/brochure_hpd.pdf. 34) UNEP. 2019. Action Plan for Low Carbon and Resource Efficient Accommodation in Mauritius. https://tourism.govmu.org/Documents/Downloads/Action%20Plan%20for%20low%20carbon%20and%20resource%20efficient%20accommodation%20in%20mauritius.pdf#search=zero%20emission%20lagoon%202030. 35) Republic of Mauritius. 2012. National Climate Change Adaptation Policy Framework for the Republic of Mauritius. https://www.greengrowthknowledge.org/sites/default/files/downloads/policy-database/MAURITIUS%29%20National%20Climate%20Change%20Adaptation%20Policy%20Framework%20for%20the%20Republic%20of%20Mauritius.pdf. 36) Ministry of Agro-Industry and Fisheries. 2006. National Forestry Policy. https://forestry.govmu.org/Documents/National%20Forestry%20Policy.pdf#search=ecotourism. 37) Ministry of Social Security, National Solidarity, and Environment and Sustainable Development. 2016. Greening the Economy Country Implementation Plan, Switch Africa Green. https://environment.govmu.org/Documents/Country%20Implementation%20Plan.pdf#search=national%20tourism%20development%20plan%20for%20mauritius%20and%20rodrigues. 38) SME Mauritius Ltd. https://smemu.org/technology-and-innovation-scheme-tinns/. 39) UNWTO World Tourism Organization. 2014. Tourism in Small Island Developing States (SIDS), Building a more sustainable future for the people of Islands. https://www.e-unwto.org/doi/pdf/10.18111/9789284416257. 40) UNDP stakeholder consultation conducted with a public tourism authority on October 20, 2021. 41) Aseto, Joshua and Luis Esquivel. Sustainable Island Mauritius. Community Development A practical guide for hoteliers and tour operators in Mauritius. 42) Protected Endemic Santuaries. Rivulet Terre Rouge Estuary Bird Sanctuary (RTREBS). http://pes.govmu.org/pes-sites/rivulet-terre-rouge-estuary-bird-sanctuary-rtrebs/. 43) US Forest Service and Mauritius National Parks and Conservation/Forestry Services. 2008. A New Vision for Sustainable Ecotourism in Mauritius. https://rmportal.net/framelib/USFS_Sustainable_Ecotourism_in_Mauritius_FINAL_trip_report.pdf. 44) Protected Endemic Santuaries. Vallee de Ferney. http://pes.govmu.org/pes-sites/vallee-de-ferney/. 45) Visit Today. Vallee de Ferney. https://visit.today/mauritius/en/about/vallee-de-ferney-133. 46) Unwind Mauritius. Chazal Ecotourism. https://www.unwindmauritius.com/tour/chazal-ecotourism/. 47) Government of Mauritius. 2022. Budget Speech 2022-2023. https://budgetmof.govmu.org/documents/2022_23budgetspeech_english.pdf.