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This can include a wide range of economic sectors, from the more conventional fisheries, aquaculture, maritime transport, coastal, marine and maritime tourism, [1] or other traditional uses, to more emergent activities such as coastal renewable energy, marine ecosystem services (i.e. blue carbon), seabed mining, and bioprospecting. [2]
Nautical tourism, also called water tourism, is tourism that combines sailing and boating with vacation and holiday activities. It can be travelling from port to port in a cruise ship , or joining boat-centered events such as regattas or landing a small boat for lunch or other day recreation at specially prepared day boat-landings.
In 2001, Murray Rudd studied the economic impact of spiny lobsters – or lack thereof – on scuba diving. Rudd concludes that "there is justification for placing some positive non-extractive economic value on spiny lobsters", as scuba divers were inclined to pay more for marine tourism if given the guarantee that such lobsters would be present.
The text of Target 14.7 of Sustainable Development Goal 14 states: "By 2030, increase the economic benefits to small island developing states and least developed countries from the sustainable use of marine resources, including through sustainable management of fisheries, aquaculture and tourism".
A study on diving tourism in East Africa showed that the major environmental risks for that region are overfishing and marine pollution. The economic risks are mainly price inflation and recessions, the social risks include global disease epidemics and international crime, and political instability and onerous visa regulations are the major ...
The following outline is provided as an overview of and topical guide to tourism: Tourism – travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours. [1] Tourism may be international, or within the traveller's country.
The economics of tourism have been shown to push out local tourism business owners in favour of strangers to the region. [9] [10] [11] Foreign ownership creates leakage (revenues leaving the host community for another nation or multinational business) which strips away the opportunity for locals to make meaningful profits.
In economics, a common-pool resource (CPR) is a type of good consisting of a natural or human-made resource system (e.g. an irrigation system or fishing grounds), whose size or characteristics makes it costly, but not impossible, to exclude potential beneficiaries from obtaining benefits from its use.