Financial Resilience and Sustainability for the Tourism Entrepreneurs

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The COVID-19 pandemic has affected all economic and social sectors around the world. The tourism sector, in particular, has been severely impacted due to its intrinsic dependence on the mobility of people, which was significantly limited due to the restrictions and containment measures imposed by governments to control the spread of the virus. This situation affected more seriously the countries, regions and communities that are more dependent on tourism, such as the European Union and the Latin American and Caribbean Region. In both cases, tourism has an important multiplier effect in various sectors of the economy, due to links with agriculture, food, construction, transport, creative industries, among others.

Within this context, the United Nations Development Programme (UNDP), the Ministry Of Tourism Jamaica and the EU-LAC Foundation organized a cycle of five events on sustainable tourism which are open to the interested public and seek to foster bi-regional dialogue involving different actors such as policymakers, entrepreneurs, civil society and researchers in joint reflections on the necessary conditions and paths to move towards a more sustainable, resilient, and inclusive social, economic, cultural, and environmental tourism sector that can contribute to the implementation of the Paris Agreement and the 2030 Agenda.

This third event, co-organized by UNDP, and the EU-LAC Foundation, will take place in a virtual format, and concentrate on the topic "Financial Resilience and Sustainability for the Tourism Entrepreneurs".

Access the concept note in the attachment.