Sustainable financing for ocean and coastal management in Jamaica : the potential for revenues from tourist user fees

Date

2008

Journal Title

Journal ISSN

Volume Title

Publisher

Latin American and Caribbean Environmental Economics Program (LACEEP), Turrialba, CR

Abstract

This study explores the feasibility of implementing a sustainable funding mechanism for ocean and coastal management in Jamaica. Results show that tourists are more willing to pay for an ‘environmental tax’’ than a general‘‘ tourism development tax’’. The study found that an environmental surcharge of US$2 per person could generate $3.4M per year for management with 0.2% rate of decline in tourist visitation. Negative impacts from the imposition of additional taxes on annual tourist visitation rates could be minimized by providing information on how there venues from the tax will be allocated for management activities.

Description

Keywords

RESOURCES MANAGEMENT, REEFS, COASTAL TOURISM, TOURIST USER FEES, JAMAICA

Citation

DOI