MARKET BASED SOLUTIONS
The EPI Foundation has commissioned a series of policy papers, working with EPI Member States and international experts. The aim of the policy paper series is to gather evidence, provide comprehensive and persuasive arguments in relation to strengthening support for sustainable wildlife economies, to support decision making and acting as a call to action for the wider conservation audience.
Promoting Market Based Solutions for Wildlife Protection In Africa
Coming soon- Policy Paper 1
This report presents the results of an innovative research method aimed at better quantifying the impact of Elephant Protection and Conservation on local, national and the global economies. The report presents the results of cross-national comparative research focused on Botswana, Kenya, Malawi and Tanzania. The outcome of the study places a better value of the contributions of elephants to economic performance, leading to an improved understanding of the costs and benefits of applying different protection and growth strategies.
The Economics of Elephant Conservation and Protection in Tanzania
Country Case Study
Tanzania’s wildlife resources boast the Serengeti - the last intact fully functioning savanna wilderness ecosystem in Africa – the Serengeti wildebeest migration and the highest density of elephants in Tarangire. Despite developing a highly successful eco-tourist and community based conservation model, in the longer term poaching and land pressures risk undermining long term sustainability.
The Economics of Elephant Conservation and Protection in Botswana
Country Case Study
Botswana is without doubt a prime wildlife destination of unprecedented ecological and economic value. As Botswana looks to diversify its economy away from dependency on diamonds, wildlife watching tourism is emerging as a pillar of economic growth and employment.
The Economics of Elephant Conservation and Protection in Kenya
Country Case Study
Kenya has a rich heritage of conservation, with a diverse and successful wildlife watching tourism model. However, population is set to double by 2050, increasing land use pressures. While Vision 2030 targets investments in both premium and underutilized parks, very little of the US$ 8.57 billion in wildlife watching tourism trickles down to communities cohabiting with wildlife.
The Economics of Elephant Conservation and Protection in Malawi
Country Case Study
Malawi has invested heavily in protected areas, but its tourist industry appears to have reached a peak. Given the potential to develop a high-end luxury destination, built around the ecotourism model, harnessing public, private and institutional investors is critical to long term success. Diversifying tourist products and facilities, a stronger brand and introducing community conservancies are options.