RSI - RF for RFI Addendum.pdf

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Red Sea Initiative
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72026322R00002
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RFI - Red Sea Endowment -February 2022.pdf PDF

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DRAFT

K E Y

Mechanism 1: Grants+Technical Assistance

Mechanism 2: Finance Goal: Natural resources conserved in the Red Sea

Output 1.2: Land- and marine-based nature tourism offer diversified

Output 1.3: Community participation in green economy increased

Output 1.1: Locally-driven conservation and community development initiatives supported

Outcome 1: Local communities derive sustained benefits from green growth and conservation

Inputs: grants, training, technical assistance, behavior change

Purpose: Sustainable tourism growth model institutionalized and expanded

Inputs: Technical assistance, research grants

Output 2.2: Effective policies and regulations developed and enforced around key environmental issues

Output 2.1: Destination management adopted

Output 2.3: Destination marketing developed to attract “nature tourism” market segment

Output 2.4: Research and monitoring on conservation and impact of human activity conducted

Outcome 2: Red Sea is effectively managed consistent with international standards for sustainability

Inputs: Finance made available for the construction and renovation of tourism infrastructure; Analysis re: environmental impact of existing properties, modelling of commercial viability of transition to sustainable accommodations

Output 3.3: Business case for sustainable tourism promoted with investors

Output 3.1: Tourism infrastructure developed and renovated to comply with international standards for sustainability

Output 3.2: Supportive infrastructure (i.e.

energy, waste management, transport, water) expanded and sustained

Outcome 3: Investment in sustainable tourism increased

Notional support via Higher Ed Activities

Capacity building via scholarships, university programs/partnerships

Additional Supporting Mechanisms

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