Financing sustainable coastal and maritime tourism in the blue economy of the Asia-Pacific
Edited book (chapter)
Chapter Title | Financing sustainable coastal and maritime tourism in the blue economy of the Asia-Pacific |
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Book Chapter Category | Edited book (chapter) |
ERA Publisher ID | 11304 |
3772 | |
Book Title | De Gruyter Handbook of Sustainable Development and Finance |
Authors | Islam, Md. Wasiul (Author) and Sarker, Tapan (Author) |
Editors | Cadman, Tim and Sarker, Tapan |
Page Range | 543-566 |
Series | De Gruyter Handbooks in Business, Economics and Finance |
Chapter Number | 24 |
Number of Pages | 24 |
Year | 2022 |
Publisher | Walter de Gruyter GmbH (European Journal of Nanomedicine) |
Walter de Gruyter | |
Place of Publication | Berlin, Germany |
ISBN | 9783110738292 |
9783110733488 | |
Digital Object Identifier (DOI) | https://doi.org/10.1515/9783110733488-024 |
Web Address (URL) | https://www.degruyter.com/document/doi/10.1515/9783110733488-024/html |
Abstract | The coastal and marine environment is increasingly facing various challenges in the Asia-Pacific region due to multifaceted anthropogenic and natural reasons. This chapter explores the opportunities and challenges in promoting blue finance in enhancing a sustainable blue economy through the adoption of coastal and maritime tourism (CMT) in the Asia-Pacific region. Extant literature indicates various challenges in developing CMT in developing countries, including insufficient financing in this sector. Hence, this chapter aims to investigate how blue finance can promote sustainable development in developing countries. A conceptual framework is proposed, linking blue finance and sustainable development through strengthening the emerging blue economy, particularly by promoting sustainable CMT which can facilitate the conservation of the coastal and marine environment by transforming coastal communities into resilient communities. This chapter aims to draw some policy guidelines which might be useful for policymakers to focus on sustainable CMT as a means to stimulate the green economy through green finance and foster sustainable development. |
Keywords | Coastal and maritime tourism, blue economy, green finance, sustainable development, conservation, resilient communities, COVID-19 |
ANZSRC Field of Research 2020 | 350201. Environment and climate finance |
Public Notes | Files associated with this item cannot be displayed due to copyright restrictions. |
Byline Affiliations | Khulna University, Bangladesh |
School of Business | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q7qyw/financing-sustainable-coastal-and-maritime-tourism-in-the-blue-economy-of-the-asia-pacific
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