Daniel Bazzucchi, international environmental consultant of SETIN, participated in the “Training Workshop for Trainers on Assessing the Financial Viability of Circular and Sustainable Tourism Interventions”. This event, held in Cape Verde, brought together some of the leading experts and industry leaders to promote sustainable and circular tourism practices.
The “Training Workshop for Trainers on Assessing the Financial Viability of Circular and Sustainable Tourism Interventions” is a cornerstone for developing effective strategies that combine economic sustainability with responsible environmental practices in the tourism sector.
During the workshop, Daniel led a session where he had the opportunity to address critical themes such as the analysis of the main costs of the transition and an overview of the main financial mechanisms, delving deep into discussions about the transition to a circular economy in the tourism sector, the barriers, and mechanisms to support this transition. He emphasized various types of barriers, including cultural, market/financial, political framework, and technological barriers, and brought up vital aspects related to the need to overcome barriers through specific mechanisms and instruments such as providing funds for development at different stages, internalizing environmental costs, offering incentives for the transition to a circular economy through market and regulatory instruments, and addressing capacity-building needs.
Furthermore, Daniel provided valuable insights on the relevance of different policy areas for the circular economy, fostering a rich exchange of ideas about the various policy areas and implementing institutions for the relevant topics of the circular economy, which encouraged constructive dialogue among all participants.