{"id":250,"date":"2020-12-08T10:29:33","date_gmt":"2020-12-08T10:29:33","guid":{"rendered":"https:\/\/portfolio.earth\/?page_id=250"},"modified":"2021-01-06T02:22:01","modified_gmt":"2021-01-06T02:22:01","slug":"tourism","status":"publish","type":"page","link":"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/tourism\/","title":{"rendered":"Tourism"},"content":{"rendered":"\n<section class=\"inner-page-header\">\n    <div class=\"inner-pad black-bg\">\n    <div class=\"container\">\n        <div class=\"topbar\" data-aos=\"fade\">\n            <header class=\"col title-col \">\n                                    <div class=\"breadcrumbs\" typeof=\"BreadcrumbList\" vocab=\"https:\/\/schema.org\/\">\n                        <!-- Breadcrumb NavXT 7.0.2 -->\n                    <\/div>\n                                                    <h1>Tourism<\/h1>\n                            <\/header>\n                    <\/div>\n\n                            <div class=\"fullwidth-menu\" data-aos=\"fade\">\n                                        \n                    <div id=\"fullmenu-trigger\">Sector specific results<\/div><ul id=\"fullmenu\" class=\"menu\">                                <li ><a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/food-system\/\">Food System<\/a><\/li>\n                                                            <li ><a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/forestry\/\">Forestry<\/a><\/li>\n                                                            <li ><a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/mining\/\">Mining<\/a><\/li>\n                                                            <li ><a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/fossil-fuels\/\">Fossil Fuels<\/a><\/li>\n                                                            <li ><a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/infrastructure\/\">Infrastructure<\/a><\/li>\n                                                            <li class=\"current\"><a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/tourism\/\">Tourism<\/a><\/li>\n                                                            <li ><a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/movement-of-goods-and-people\/\">Movement of goods and people<\/a><\/li>\n                            <\/ul>                    \n                <\/div>\n                    <\/div>\n    <\/div>\n    <div class=\"image\">\n        <a class=\"fom white\" href=\"#next\">Find out more<\/a>\n                    <img class=\"circular\" src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/bankrollingextinctioncircular.svg\" alt=\"\">\n                <div class=\"background parallax-window\" data-parallax=\"scroll\" data-speed=\"0.8\" data-positionY=\"-50px\" data-image-src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/Mask-Group-47-5.jpg\"><\/div>\n    <\/div>\n<\/section>\n\n<div id=\"next\"><\/div>\n\n\n<div class=\"graph-block blockpad black-bg white-content copy-offset\">\n    <div class=\"container relative cf\">\n\n                    <div class=\"flex left-side-col\" data-aos=\"fade\">\n                                    <div class=\"col-left\">\n                        <h3 class=\"label grey\">RESULTS<\/h3>\n                    <\/div>\n                                                    <div class=\"col-right big-text\">\n                        <p><span class=\"intro\">Tourism received USD 64 billion worth of finance with biodiversity risk in 2019.<\/span><\/p>\n                    <\/div>\n                            <\/div>\n        \n                    <div class=\"cf\" data-aos=\"fade\">\n                <div class=\"inner padded left\">\n                    <p>It is likely that many loans to tourism ventures with significant biodiversity impacts are provided by smaller, local banks and may therefore be underestimated here.<\/p>\n  \n                <\/div>\n            <\/div>\n        \n\n        <div class=\"graph-block-inner flex padded\">\n\n                            <div class=\"pie-chart-wrap\" data-aos=\"fade\">\n                    <div class=\"pie-chart-wrap-inner\">\n                                                    <div id=\"pie-chart\">\n                                <div class=\"pie-inner\">\n                                    <span class=\"percent rest\">60%<\/span>                                    <span class=\"percent topten\">40%<\/span>                                    <div id=\"chart-1\" class=\"chart\" data-percent=\"40\"><\/div>\n                                <\/div>\n                                <span class=\"amount white\">Total loans of all 50 banks:<br \/>\n                                    USD 64 Billion                                <\/span>  \n                            <\/div> \n                            \n                            <ul class=\"key\">\n                                <li><span style=\"background-color: #94a6af;\"><\/span> Top Ten Banks<\/li>\n                                <li><span style=\"background-color: #595651;\"><\/span> Rest<\/li>\n                            <\/ul>\n                                                                            <div class=\"mobile-report-trigger-wrap cf\">\n                                <div class=\"left report-trigger\">\n                                    View comprehensive stats\n                                <\/div>\n                                <div class=\"right\">\n                                    <div class=\"report-trigger trigger\">\n    Download Report <span class=\"arrow\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"42.004\" height=\"25.44\" viewbox=\"0 0 42 25\" preserveAspectRatio=\"none\"><g data-name=\"Group 401\" fill=\"none\" stroke=\"#fcf7f7\" stroke-miterlimit=\"10\" stroke-width=\"4\"><path data-name=\"Line 88\" d=\"M0 12.72h36.125\"\/><path data-name=\"Path 319\" d=\"M27.871 24.025l11.306-11.306L27.871 1.413\"\/><\/g><\/svg><\/span>\n<\/div>                                <\/div>\n                            <\/div>\n                                            <\/div>\n                <\/div>\n                <script>\n                    $(document).ready(function() {\n\n                        var waypoint = new Waypoint({\n                            element: document.getElementById('pie-chart'),\n                            handler: function() {\n                                var piewidth = $('#pie-chart').outerWidth();\n\n                                $('#chart-1').easyPieChart({\n                                    size: piewidth,\t\n                                    barColor: \"#94a6af\",\n                                    trackColor: \"#595651\",\n                                    scaleLength: 0,\n                                    lineWidth: 30,\n                                    lineCap: \"circle\",\t\n                                    animate: 3000,\t\n                                });\n                            },\n                            offset: '75%'\n                        });\n                    });\n                <\/script>\n            \n\n                                                <div class=\"graph-wrap -graph cf\" data-aos=\"fade\">\n                                                    <h3 class=\"label grey\"> Ten banks with largest finance at risk in the tourism sector (2019, million USD)<\/h3>    \n                                                <div class=\"graph relative right\">\n                                                            <ul class=\"graph-bars\">\n                                                                            <li style=\"height: 89%;\">\n                                            <img src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/bar-1-5.svg\" alt=\"\">\n                                        <\/li>\n                                                                            <li style=\"height: 80%;\">\n                                            <img src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/bar-2-5.svg\" alt=\"\">\n                                        <\/li>\n                                                                            <li style=\"height: 75%;\">\n                                            <img src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/bar-3-5.svg\" alt=\"\">\n                                        <\/li>\n                                                                            <li style=\"height: 74%;\">\n                                            <img src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/bar-4-5.svg\" alt=\"\">\n                                        <\/li>\n                                                                            <li style=\"height: 72.5%;\">\n                                            <img src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/bar-5-5.svg\" alt=\"\">\n                                        <\/li>\n                                                                            <li style=\"height: 66%;\">\n                                            <img src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/bar-6-5.svg\" alt=\"\">\n                                        <\/li>\n                                                                            <li style=\"height: 58%;\">\n                                            <img src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/bar-7-5.svg\" alt=\"\">\n                                        <\/li>\n                                                                            <li style=\"height: 53%;\">\n                                            <img src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/bar-8-5.svg\" alt=\"\">\n                                        <\/li>\n                                                                            <li style=\"height: 45%;\">\n                                            <img src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/bar-9-5.svg\" alt=\"\">\n                                        <\/li>\n                                                                            <li style=\"height: 39%;\">\n                                            <img src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/bar-10-5.svg\" alt=\"\">\n                                        <\/li>\n                                                                    <\/ul>\n                                                        <img src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/tourism-axis.svg\" alt=\"\">\n                        <\/div>\n                    <\/div>\n                                    \n        <\/div>\n        \n        \n\n            <\/div>\n<\/div>\n\n\n<section class=\"si-cc first blockpad-top white-bg black-content\">\n        <div class=\"flex\" data-aos=\"fade-up\">\n                    <div class=\"image\" style=\"order: 1;\">\n                                <div class=\"background\" style=\"background-image: url(https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/Mask-Group-48-5-e1608265987826.jpg);\"><\/div>\n            <\/div>\n                            <div \n                class=\"copy copy-right\" \n                style=\"order: 2;\">\n                    <div class=\"inner\">\n                        <h2>Themes<\/h2>\n<p>Tourism includes airlines, hotels, motels and cruise lines, and restaurants and bars. These three sectors are nearly evenly split in their loan contributions.<\/p>\n<p>Fast food restaurant chains, cruise lines, and hotel chains were among the individual companies that received the largest loans.<\/p>\n<p>A significant percentage of loans have the potential for direct impacts on biodiversity, while the top ten lenders remain largely unchanged from previous sectors.<\/p>\n<p>Forty-seven per cent of all loans identified as having biodiversity impact risk were linked to the top ten lenders.<\/p>\n                                                    <a class=\"down-arrow\" href=\"#block1\"><\/a>\n                                            <\/div>\n                                                    <\/div>\n            <\/div>\n<\/section>\n\n<div id=\"block1\"><\/div>\n\n\n<section class=\"si-cc  blockpad-top grey-bg white-content\">\n        <div class=\"flex\" data-aos=\"fade-up\">\n                    <div class=\"image\" style=\"order: 2;\">\n                                <div class=\"background\" style=\"background-image: url(https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/Mask-Group-60-3-e1608266030278.jpg);\"><\/div>\n            <\/div>\n                            <div \n                class=\"copy copy-left\" \n                style=\"order: 1;\">\n                    <div class=\"inner\">\n                        <h2>Industry Scope<\/h2>\n<p>Tourism is one of the world\u2019s largest industries and in 2019 it contributed about USD 9 trillion to the global economy and made up 10.3 per cent of global GDP.<\/p>\n<p>Tourism has been described as the largest scale movement of goods, services, and people that humanity has ever seen. In 2019, international tourist arrivals reached 1.5 billion for the first time.<\/p>\n                                                    <a class=\"down-arrow\" href=\"#block2\"><\/a>\n                                            <\/div>\n                                                    <\/div>\n            <\/div>\n<\/section>\n\n<div id=\"block2\"><\/div>\n\n    <div class=\"two-col-images blockpad black-bg\">\n        <div class=\"container\">\n            <div class=\"flex two-col\">\n                                    <div class=\"col image-col\">\n                                                    <h3 class=\"label centered\" data-aos=\"fade\">Top spenders in international tourism (2018, million USD<\/h3>\n                                                <div class=\"image relative\">\n                                                            <img class=\"overimage\" data-aos=\"fade\" data-aos-delay=\"500\" src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/map-tourism-overlay-1.svg\" alt=\"\">\n                                                                                        <img data-aos=\"fade\" src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/map-tourism-1.svg\" alt=\"\">\n                                                    <\/div>\n                    <\/div>\n            \n                                    <div class=\"col image-col\">\n                                                    <h3 class=\"label centered\" data-aos=\"fade\"> Top recipientS OF international tourism (2018, million USD<\/h3>\n                                                <div class=\"image relative\">\n                                                            <img class=\"overimage\" data-aos=\"fade\" data-aos-delay=\"500\" src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/map-tourism-overlay-2.svg\" alt=\"\">\n                                                                                        <img data-aos=\"fade\" src=\"https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/map-tourism-2.svg\" alt=\"\">\n                                                    <\/div>\n                    <\/div>\n            \n                            <\/div>\n                            <div class=\"copy white-content centered\" data-aos=\"fade\">\n                    <p>Total expenditure: <strong>1,600,000<\/strong><\/p>\n                <\/div>\n                    <\/div>\n    <\/div>\n      \n\n\n<section class=\"si-cc  blockpad-top white-bg black-content\">\n        <div class=\"flex\" data-aos=\"fade-up\">\n                    <div class=\"image\" style=\"order: 1;\">\n                                <div class=\"background\" style=\"background-image: url(https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/Mask-Group-61-5.jpg);\"><\/div>\n            <\/div>\n                            <div \n                class=\"copy copy-right\" \n                style=\"order: 2;\">\n                    <div class=\"inner\">\n                        <h2>Biodiversity Impact<\/h2>\n<p>Tourism can have positive effects for biodiversity, for example by reducing the impact on endangered species who tend to be valued higher in more affluent societies.<\/p>\n<p>However, it also negatively impacts biodiversity with its infrastructure requirements, use of cruise ships, and contribution to pollution, invasive species, climate change, and CO2 emissions.<\/p>\n                                                    <a class=\"down-arrow\" href=\"#block3\"><\/a>\n                                            <\/div>\n                                                    <\/div>\n            <\/div>\n<\/section>\n\n<div id=\"block3\"><\/div>\n\n\n<div class=\"download-bar white-bg copy-offset\">\n    <div class=\"container\">\n        <div class=\"flex two-col\">\n            <div class=\"col small-copy flex-end\">\n                For a more detailed results, download the report            <\/div>\n            <div class=\"col align-right\">\n                <div class=\"report-trigger trigger\">\n    Download Report <span class=\"arrow\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"42.004\" height=\"25.44\" viewbox=\"0 0 42 25\" preserveAspectRatio=\"none\"><g data-name=\"Group 401\" fill=\"none\" stroke=\"#fcf7f7\" stroke-miterlimit=\"10\" stroke-width=\"4\"><path data-name=\"Line 88\" d=\"M0 12.72h36.125\"\/><path data-name=\"Path 319\" d=\"M27.871 24.025l11.306-11.306L27.871 1.413\"\/><\/g><\/svg><\/span>\n<\/div>            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n    <div class=\"blockpad white-bg link-grid-wrap has-current\">\n        <div class=\"container\" data-aos=\"fade\">\n            <ul class=\"link-grid cf\">\n\n                  \n                        <li class=\"title\">\n                            <h3>Other Sector Specific Findings<\/h3> \n                        <\/li>\n                                        <li >\n                                                    <div class=\"background\" style=\"background-image: url(https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/Mask-Group-37.jpg);\"><\/div>\n                                                <div class=\"inner\">\n                            <a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/food-system\/\">\n                                Food System                            <\/a>\n                        <\/div>\n                    <\/li>\n                                    <li >\n                                                    <div class=\"background\" style=\"background-image: url(https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/Mask-Group-56.jpg);\"><\/div>\n                                                <div class=\"inner\">\n                            <a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/forestry\/\">\n                                Forestry                            <\/a>\n                        <\/div>\n                    <\/li>\n                                    <li >\n                                                    <div class=\"background\" style=\"background-image: url(https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/Mask-Group-39.jpg);\"><\/div>\n                                                <div class=\"inner\">\n                            <a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/mining\/\">\n                                Mining                            <\/a>\n                        <\/div>\n                    <\/li>\n                                    <li >\n                                                    <div class=\"background\" style=\"background-image: url(https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/Mask-Group-40.jpg);\"><\/div>\n                                                <div class=\"inner\">\n                            <a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/fossil-fuels\/\">\n                                Fossil Fuels                            <\/a>\n                        <\/div>\n                    <\/li>\n                <li class=\"empty\"><\/li>                    <li >\n                                                    <div class=\"background\" style=\"background-image: url(https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/Mask-Group-41.jpg);\"><\/div>\n                                                <div class=\"inner\">\n                            <a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/infrastructure\/\">\n                                Infrastructure                            <\/a>\n                        <\/div>\n                    <\/li>\n                                    <li class=\"current\">\n                                                    <div class=\"background\" style=\"background-image: url(https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/Mask-Group-42.jpg);\"><\/div>\n                                                <div class=\"inner\">\n                            <a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/tourism\/\">\n                                Tourism                            <\/a>\n                        <\/div>\n                    <\/li>\n                                    <li >\n                                                    <div class=\"background\" style=\"background-image: url(https:\/\/portfolio.earth\/wp-content\/uploads\/2020\/12\/Mask-Group-43.jpg);\"><\/div>\n                                                <div class=\"inner\">\n                            <a href=\"https:\/\/portfolio.earth\/campaigns\/bankrolling-extinction\/results\/movement-of-goods-and-people\/\">\n                                Movement of goods and people                            <\/a>\n                        <\/div>\n                    <\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":251,"parent":140,"menu_order":5,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Portfolio Earth | Bankrolling Extinction | Results | Tourism<\/title>\n<meta name=\"description\" content=\"It is likely that many loans to tourism ventures with significant biodiversity impacts are provided by smaller, local banks and may therefore be underestimated here.\" \/>\n<meta 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