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Abstract:
Purpose:
The purpose of this paper is to provide an overview of the links between climate finance and tourism adaptation development. Besides increasing adaptation and mitigation efforts to limit GHG emissions, climate change remains a major challenge in the 21st century and beyond especially for tourism which is highly climate sensitive. Hence, it is necessary for tourism to adapt in order to survive. The aim of the study is to provide a systematic overview of the topic in order to offer a foundation for better understanding different ways of integrating climate finance initiatives with tourism.
Design/methodology/approach:
The research focused on the top-ranked, peer reviewed journals of each of the two selected research fields. In order to address this topic an in-depth systematic literature review in the fields of climate change finance and tourism adaptation development was conducted. Furthermore, because it is a relatively new research topic, conference proceedings were also explored. To guarantee wide coverage of the literature, a query of the following scholarly databases was considered: Elsevier, ScienceDirect, and Web of Science.
Findings:
Based on the analyses of the literature available on the topic, the paper highlights the main research trends and conclusions. It is argued that there is imbalance of knowledge on climate change finance as it relates to tourism. To-date, there have been relatively few published articles on this topic in the context of tourism. Based on the findings, promising areas for future research were identified, and in particular for small island communities and recommendations for future research are outlined.
Research limitations/implications:
The paper is limited by the scope of the literature review accessed by the researcher. The results of this review may vary according to the databases used.
Originality/value:
Currently there is no extensive review of articles on climate finance and tourism adaptation. This paper aims at reviewing climate finance studies published in English language in order to explore knowledge gaps in tourism adaptation. Sets of themes being advanced are also highlighted. Recommendations for future research are provided.
