Sustainable Tourism Project Contest

IDB, partners seek sustainable tourism projects for coastal and freshwater destinations.

Thursday, September 23, 2010

The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank group, and two partners are seeking sustainable tourism proposals for coastal, waterway, and island destinations that protect the environment and strengthen the heritage and livelihoods of the local population.

Prizes: The top three entries will win US $5,000 each. The best two entries submitted by 6pm EST, October 20, 2010 will be eligible to each win US $500.

Ashoka’s Changemakers, National Geographic, and the MIF have launched the online contest “The Geotourism Challenge 2010: Places on the Edge - Saving Coastal & Freshwater Destinations.” Organizations, individuals, and global corporations are invited to participate in the competition and proposals must be submitted by December 1, 2010.

A panel of experts will select between 10 and 15 finalists from all of the entries submitted in the competition. From these 10-15 finalists, the Changemakers online community will vote for three winners, who will receive a prize of US$5,000 each.

The MIF will provide up to US$5 million of financing for finalists that provide innovative solutions for sustainable destination management by micro- to medium-sized companies in the Latin America and the Caribbean Region.

Moreover, will select three winners from all of the Geotourism Challenge 2010 entrants to receive a free, lifetime, upgraded level of membership to, as well as access to services and mentoring to build and improve their adventure tourism product.

Judges for the Places on the Edge: Saving Coastal& Freshwater Destinations competition include Julia Marton-Lefèvre, Director General of the World Conservation Union; Dr. Sylvia Earle, Ocean Explorer and Founder and CEO of the Deep Search Foundation; and Ashoka Fellow, Yves Lesenfants, technical advisor of the IDB Multilateral Investment Fund (FOMIN), as well as the social founder of the Programa Andes Tropicales Foundation.

Geotourism is defined by National Geographic as tourism that sustains or enhances the geographical character of a place: its environment, heritage, culture, aesthetics, and the well-being of its residents.

More on this topic

Exceptional Geotourism Website for Central America

December 2012

Go Blue Central America is an interactive map to share with the rest of the world the uniquiness and authenticity of the marine and coastal areas of Central America.

The U.S. Agency for International Development (USAID) and National Geographic (NatGeo) presented "Go Blue Central America", an interactive map on the internet designed to promote tourism in the Isthmus.

Development of Tourism in Northern Guatemala

June 2009

MIF will finance the study of the project for the benefit of 300 micro-enterprise and community tourism projects.

The agreement between the Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB) and the Foundation for the Development of Guatemala (FUNDESA), allocated $1,337,780 to implement the “Definition and Management of a Tourist Destination in the North Cluster of the Cuatro Balam Area, in Petén."

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