Tourism investment & finance 21 Unit 2: Evaluate Investment Environment

IFC Tourism Sector Diagnostic Tool
This tool supports responsible tourism development and builds on other tools. It generates 
information allowing countries to identify impediments to tourism investment and take actions to 
remove them. The tool also accomplishes the following: 
 
•
Increases investment attractiveness 
•
Improves sustainable development preparedness
•
Strengthens relationships
•
Improves knowledge management 
•
Builds on existing tools
The tool diagnoses three critical interdependent drivers (see Annex B for driver details): 
•
Destination image 
•
Market demand 
•
Investment climate 
Key outputs after the tool is implemented and results analyzed include
•
State of play assessment
o
Factors impeding sustainable tourism development 
o
Interventions to be considered by IFC or others
•
Proposed IFC Intervention Report 
•
Substantial case for IFC future tourism programs 
•
Mapping and ranking of countries to assist with M&E and prioritization of resources
For more information, see 
www.gwu.edu/~iits/Sustainable_Tourism_Online_Learning/Faulkner/Tourism_Sector_Dignostic
_Tool.pdf
.  

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TOURISM INVESTMENT & FINANCE
31 
Transparency International’s Corruption Perceptions
 
Index

The index ranks countries by their perceived levels of corruption, as determined by expert 

assessments and opinion surveys. With governments committing huge sums to tackle the 
world's most pressing problems from the instability of financial markets to climate change and 
poverty, corruption remains a major obstacle to progress. To access the entire CPI report, see 
www.gwu.edu/~iits/Sustainable_Tourism_Online_Learning/Faulkner/CPI_report.pdf
.