Montenegro Carbon Neutral Tourism Project
By its constitution, Montenegro has declared to be an “ecological state”, being the first country globally to do this. The main objective of the project is to reduce GHG emissions from Montenegro’s tourism by promoting adoption of low-carbon policies and regulation, establishing sustainable financing mechanisms, and supporting design and implementation of flagship investment in low-carbon tourism infrastructure. It will do so by promoting country’s transition towards a carbon neutral travel & tourism, minimizing energy use and transport in and around new green-field development projects, helping tourism industry to identify and implement cost-effective mitigation options in travel and accommodation sectors, as well as introducing carbon offset scheme and other innovative financial mechanisms to compensate for the residual emissions and generate additional revenues for climate mitigation and adaptation actions in tourism. The project is financed by the Global Environment Facility and UNDP and contributes to the area of resource efficiency, environmental protection and climate change.