Archives for August 2020

CORAL Helps Revitalize Bay Island Economies in Honduras

The COVID-19 pandemic has triggered an unprecedented economic crisis across the globe—particularly in countries and regions that are highly dependent upon tourism revenue. In Honduras, for example, eight percent of the GDP comes from tourism. Spring break is one of their most popular travel periods when tourists from around the world flock to the Bay Islands on the Honduran Caribbean coast. The Bay Islands are a launching point to the world’s second-largest reef system—the Mesoamerican Reef—and the beautiful white sand beaches attract vacationers from around the globe. But this year, Easter week alone saw a loss of $283.4 million USD and nearly 30,000 jobs. The local communities who depend on that revenue and income felt the effects acutely. CORAL has partnered with local Bay Island communities since 2005 to build programs that reduce the impact of tourism on the reef and to ensure proceeds from tourism benefit communities and the … [Read more...]