The European Bank for Reconstruction and Development (EBRD) and the UN World Tourism Organisation (UNWTO) are joining forces to strengthen sustainable and inclusive tourism as a tool for achieving growth and development.
Under a memorandum of understanding (MoU) signed by Suma Chakrabarti, president of EBRD and Zurab Pololikashvili, secretary-general of UNWTO at the UNWTO headquarters in Madrid, the two institutions pledged to work together to promote tourism, and a achieve the 2030 Agenda and 17 UN Sustainable Development Goals (SDGs).
The two institutions will strengthen tourism governance and promote policy dialogue at national and regional level on matters of common concern, facilitate investments and advocate for the increase of official development aid flows to the tourism sector, including through UNWTO.
Zurab Pololikashvili commented: “Strengthening our partnership with the EBRD will help us drive the sector forward, deliver change in the tourism climate and digital economy and help guide the growth of tourism in a responsible and inclusive manner.”
Suma Chakrabarti said: “Travel and tourism represent a vitally important and fast-growing sector of the global economy, and can benefit poorer, more remote regions, opening up job opportunities, promoting economic inclusion for all and facilitating the transfer of valuable skills. These are all objectives central to the EBRD’s mission.”