Financing of Tourism for Development

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1 Special Event: Financing of Tourism for Development (The session will have English-French-Spanish interpretation) Tuesday, 15 September :30 pm Sala del Consejo, Salones 1 y 2

2 Background Tourism is a high-impact economic activity that has become a priority area for many countries, in particular developing and least developed countries (LDCs). It is increasingly recognized for its great potential to contribute to sustainable development, green growth and poverty reduction. Due to this, tourism will play an important role in the delivery of the Post-2015 Development Agenda, which will build the framework for the seventeen Sustainable Development Goals (SDGs), expected to be adopted by Heads of States and Governments at the 70th UN General Assembly. Multiple stakeholders including Member States, NGOs and civil society have combined their efforts in formulating and proposing the SDGs, which clearly illustrates the inclusive nature of this ambitious and transformative agenda. Tourism today is firmly positioned in the post-2015 development agenda and has been included as Targets within Goal 8 ( Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all ), Goal 12 ( Ensure sustainable consumption and production pattern ), and Goal 14 ( Conserve and sustainably use the oceans, seas and marine resources for sustainable development). Nevertheless, a lack of financing for tourism still hinders tourism to fully unfold its potential as a key instrument for development. The sector is still underrepresented in aid flows as only 0.09% of total ODA and 0.78% of total Aid for Trade (AfT) disbursements were directed to tourism in Given the above, it represents a unique opportunity to increase the support to the sector, which can help formulate clear and effective development policies on one hand, and mobilize private sector investment in tourism and tourism-related activities on the other. As an important and growing service sector with significant spill-overs into other economic segments, aid flows in tourism need to be scaled up in order to fully deploy its potential.

3 Objectives This Special Event will provide UNWTO Member States with the opportunity to acquire knowledge and better understanding of existing financing mechanisms for development in general and for tourism in particular. It should also touch upon the forthcoming availability of resources for supporting the Sustainable Development Goals (SDGs) as it was agreed upon at the Third International Conference on Financing for Development (FfD) and its outcome document, the Addis Ababa Action Agenda (AAAA), in which tourism is featured. Against this background, the Event will present the work of some selected development finance institutions and trust funds, such as the World Bank and the Enhanced Integrated Framework, as well as French, German and Japanese development cooperation agencies. In addition, ODA-receiving Member States will present their experiences in this context, which will help to illustrate the modus operandi to access funding for tourism, but also outline the availability of financing in the context of the post-2015 development agenda.

4 Master of Ceremony: Ms. Anita Mendiratta, Special Advisor to the Secretary-General of UNWTO Tourism in the Post-2015 Agenda Dr. Taleb Rifai, Secretary-General, UNWTO Special Event: Financing of Tourism for Development Tourism: Think Sustainability, Think International Trade Ms. Arancha González, Executive Director, International Trade Centre (ITC) The Perspective of South Africa Mr. Derek Hanekom, Minister of Tourism, South Africa and Chair of the ODA Working Group of the UNWTO Executive Council Panel on Tourism as a Tool for Development Different Perspectives Moderator: Ms. Zoritsa Urosevic, Representative to the United Nations in Geneva, UNWTO Tourism as a Key Services Trade Sector for LDCs Financing Tourism in LDCs in the Enhanced Integrated Framework (EIF) Phase Two Amb. Yvette Stevens, Chair of the Enhanced Integrated Framework (EIF) Board ST-EP Initiative (Sustainable Tourism-Eliminating Poverty) From a Foundation to an International Organization Amb. Dho Young-shim, Chair, ST-EP Foundation The World Bank Group and its Role in Financing Tourism Development Overview of the Activities of the World Bank Group in Tourism Development and the Way Forward Mr. John Perrottet, Global Lead for Tourism, Trade and Competitiveness Global Practice, World Bank Group The Funding Mechanisms of the European Union Ms. Maria Grapini, Member of the European Parliament, Former Minister for SME s, Business Environment and Tourism of Romania Leveraging Aid-for-Trade: Funding for Tourism The Perspective of a Beneficiary Member State Mr. Marokon Alilee, Director General, Ministry of Tourism, Commerce, Trade and Ni-Vanuatu Business, Vanuatu

5 Panel on Experiences of Tourism Development Partners Moderator: Ms. Cordula Wohlmuther, Head of Institutional Relations and Resource Mobilization, UNWTO The Work of the United Nations Financing for Development Mr. Pontus Ohrstedt, Chief of the UN Resident Coordinator Office, Colombia Japan as a Major Donor Country Insights into Tourism Development by Japan International Cooperation Agency (JICA) Mr. Tatsuya Yanagi, Deputy Director, Team 2, Private Sector Development Group, Japan International Cooperation Agency (JICA), Japan France s Role in the Global Development Agenda Insights into Tourism Development Mr. Michel Durrieu, Head of Tourism Unit, Ministry of Foreign Affairs and International Development, France Germany s Contribution to Sustainable Development through Tourism Strategies, Resources & Limitations Mr. Klaus Lengefeld, Sector Leader Sustainable Tourism, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Germany Official Development Assistance for Tourism The Perspective of a Beneficiary Member State Mr. Assefa Kessito, Head of Office of the Ministry, Minister of Culture and Tourism, Ethiopia Questions and Answers The Way Forward for UNWTO Mr. Zhu Shanzhong, Executive Director for Technical Cooperation and Services, UNWTO Mr. Márcio Favilla, Executive Director for Operational Programmes and Institutional Relations, UNWTO Concluding Remarks Ms. Sandra Howard Taylor, Vice Minister, Ministry of Commerce, Industry and Tourism, Colombia Rapporteur: Mr. Dale Honeck, Counsellor, Trade in Services Division, World Trade Organization (WTO)

6 ABOUT THE SPEAKERS Ms. Anita Mendiratta Special Advisor to the Secretary-General of UNWTO Mr. Taleb Rifai Secretary-General, UNWTO Ms. Arancha González Executive Director of the International Trade Centre (ITC) Mr. Derek Hanekom Minister of Tourism, South Africa and Chair of the ODA Working Group of the UNWTO Executive Council Ms. Zoritsa Urosevic Representative to the United Nations in Geneva, UNWTO Amb. Yvette Stevens Chair of the Enhanced Integrated Framework (EIF) Board Amb. Dho Young-Shim Chair ST-EP Ms. Maria Grapini Member of the European Parliament

7 Mr. John Perrottet Global Lead for Tourism, Trade and Competitiveness Global Practice, World Bank Group Ms. Cordula Wohlmuther Head of Institutional Relations and Resource Mobilization (UNWTO) Mr. Pontus Ohrstedt Head of the Resident Coordinators Office of the United Nations in Colombia Mr. Tatsuya Yanagi Deputy Director, Team 2, Private Sector Development Group, Industrial Development and Public Policy Department at the Japan International Cooperation Agency (JICA), Japan Mr. Michel Durrieu Head of Tourism Unit, Ministry of Foreign Affairs and International Development, France Mr. Klaus Lengefeld Sector Leader Sustainable Tourism, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Germany H.E. Mr. Assefa Kessito Head of Office of the Minister, Ministry of Culture and Tourism, Ethiopia Mr. Zhu Shanzhong Executive Director for Technical Cooperation and Services UNWTO Mr. Marcio Favilla Executive Director for Operational Programmes and Institutional Relations, UNWTO Ms. Sandra Howard Taylor Vice-Minister, Ministry of Commerce, Industry and Tourism, Colombia

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