A Comprehensive Review of Investing and Financing for Sustainable Tourism Projects

Exploring Financial Strategies for Long-Term Sustainability in Tourism

Author: Devika Agrawal (Corresponding Author)

Affiliation: Institute of Business Management, GLA University, Mathura, India

Email: devikaagrawal.phd@gmail.com

Publication Date: February 1, 2025

Journal: Environment, Sustainability, and Governance Insights

Volume: 1 | Issue: 1 | Pages: 53–70

DOI: https://doi.org/10.64006/esgi/1104

Abstract

This study examines the financial challenges and solutions in implementing sustainable tourism projects in India. It emphasizes the critical role of financing models—ranging from traditional loans to innovative mechanisms like green bonds, carbon credits, PPPs, and fintech-enabled solutions. With increasing environmental consciousness and rising demand for eco-friendly travel, the research underscores the importance of investment in renewable energy, waste management, and community-based tourism infrastructure. By systematically reviewing funding barriers, policy recommendations, and global trends, it serves as a strategic guide for stakeholders navigating sustainability within the tourism finance ecosystem.

Keywords

Sustainable tourism, FinTech, Green financing, ESG, Renewable energy, Investment strategies, Financial innovation

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