Protected areas in South Africa present one of the best opportunities for economic development, especially for local communities living around them. It is understood that protected area wildlife based tourism initiatives contribute more than R2 billion to South Africa’s GDP. The solution is to create a guaranteed business opportunity for the locals through linkages of SMMEs with procurement revenue of a PA. The strategy is to assist PAs to identify goods and services and ring-fence procurement revenue for qualifying local SMMEs.
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Under-funding of protected areas is a universal challenge. The UNDP supported GEF financed project “Strengthening Governance and Financial Sustainability of the National Protected Area System” sought to improve the financial sustainability of the Ukraine’s national protected area system. To do this, the project: a) developed a comprehensive national strategy for protected area financing, b) introduced business planning for protected areas and piloted options for PA revenue generation.