pacific island eco‑tourism funding
Geopolitics vs Debt‑Swap? Kiribati Turns Snorkelers into Green Capital
In 2023, Kiribati’s snorkel tourism generated $1 million in green capital, proving that geopolitics can turn reef-watchers into climate financiers. By linking each dive to a climate-offset payment, the island converts leisure into a sovereign funding stream, bypassing traditional aid. Financial Disclaimer: This article is for educational purposes only