Wildlife Economies

Future,Environmental,Conservation,And,Sustainable,Esg,Modernization,Development,By,Using

Realigning Conservation and Development

The fragility of business models for Africa’s protected areas has been exposed by continent-wide closure of the tourism sector in response to the Covid-19 pandemic. These areas have traditionally relied on three sources of funding – subsidies from national governments, tourism-related revenues such as entrance fees and leasing fees for lodges, and international aid. National funding for African protected areas has always been modest. During the lockdown, tourism revenue disappeared, and multilateral aid flows were redirected to Covid-related priorities.

Woman,Traveler,On,Safari-tour,In,Africa,,Traveling,By,Car,In

African wildlife in the 21st century economy

Africa’s iconic wildlife forms a key part of the continent’s identity and is globally significant, both ecologically and economically. As the twenty-first century progresses, how is Africa’s economy likely to evolve and what role will this vital natural heritage play within it?