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“Economic Benefits of the Green Transition” Summary

Knowledge documents

08 July 2026

“Economic Benefits of the Green Transition” Summary

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At a glance 
Green Transition

The topic explored how the green transition can function as an economic driver for the European tourism ecosystem, shifting sustainability from a perceived cost or regulatory obligation to a source of value creation. It focused on how environmental action can deliver measurable economic benefits by reducing costs, managing risk, protecting tourism assets and strengthening long term competitiveness.

Why it matters? 
Tourism is highly dependent on natural capital and exposed to climate and environmental risks. Environmental degradation, climate impacts, and resource scarcity already translate into higher operating costs, reduced destination attractiveness, and increased business risk. Framing the green transition as an economic strategy helps destinations and businesses invest in sustainability not only to meet climate objectives, but also to improve resilience, profitability, and long term economic performance.

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Topics
Geographical descriptors

Albania

Armenia

Austria

Belgium

Bosnia and Herzegovina

Bulgaria

Croatia

Cyprus

Czechia

Denmark

Estonia

EU-27

Finland

France

Georgia

Germany

Greece

Hungary

Iceland

Ireland

Italy

Kosovo

Latvia

Liechtenstein

Lithuania

Luxembourg

Malta

Moldova

Montenegro

Netherlands

North Macedonia

Norway

Poland

Portugal

Romania

Serbia

Slovakia

Slovenia

Spain

Sweden

Switzerland

Türkiye

Ukraine

Other

Organisation Type

Academic / Research and VET Institutions

Business Support Organisation

Company with 250 or more employees

Cluster Organisations

Consumer Organisations

Cultural and Heritage Organisations

Destination Management & Marketing Organisations

EU Institutions

Financial Institutions and Investors

Industry Associations and Chambers of Commerce

International Organisations

Local Authorities

Media / Journalist Organisations

National authorities

Networks and Federations / Confederations

NGOs / Non-profits

Notified Bodies

Regional Authorities

SMEs (a company with less than 250 employees)

Social Economy Entity

Trade Unions

Other

  • Specific types of tourism

    • Adventure tourism

    • Coastal, maritime and inland water tourism

    • Cultural tourism

    • Ecotourism

    • Education tourism

    • Festival tourism

    • Gastronomy tourism

    • Health and medical tourism

    • MICE tourism

    • Mountain tourism

    • Religious tourism

    • Rural tourism

    • Sports tourism

    • Urban/city tourism

    • Wellness tourism

  • Transition Pathway Strategic Areas

    • Green Transition of Tourism Companies and SMEs

  • Business activities

    • Activities of amusement parks and theme parks

    • Activities of associations and other organisations supporting tourism

    • Air passenger transport

    • Camping grounds, recreational vehicle parks and trailer parks

    • Events catering and other food services

    • Festivals, cultural and entertainment activities

    • Gardens and nature reserves activities

    • Holiday Housing / Apartments and other short stay accommodation

    • Hotel and similar accommodation

    • Mobile beverage services

    • Mobile food services

    • Museums

    • Operation of historical sites

    • Other

    • Other accommodation

    • Other amusement and recreation activities

    • Other food and beverage services

    • Other holiday reservation services

    • Other tourism transportation activities

    • Rail Passenger transport

    • Recreational and sport activities

    • Restaurants, cafes and bars (Food and Beverage serving activities)

    • Road passenger transport

    • Tour operator activities

    • Travel agency activities

    • Water (sea, coastal and inland) passenger transport

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What is this topic about?

The topic addressed how environmental sustainability can unlock economic value for tourism destinations and businesses when embedded into core strategies and operations. Drawing on the monthly article “The green transition as an economic strategy for tourism”, the webinar “Environmental sustainability as a Competitiveness Strategy and Economic Lever for Tourism” along with the online discussion “Tourism’s green transition: Unlocking economic value through environmental sustainability” in April 2026,  the objective was to show how sustainability investments can generate returns through cost savings, risk reduction, asset protection and improved market positioning were emphasized.

Stakeholder stories

The initiatives showcased illustrate how the European tourism ecosystem is adopting environmental sustainability and benefiting economically, including: 

  • Better Trips Index, Evaneos: showcasing how sustainability can be directly integrated into commercial decision-making. 
  • Nature-based Solutions (NbS) in the Azores, SPEA: restoration-based NbS used to reduce erosion, protect landscapes and tourism assets, and lower long-term infrastructure maintenance costs. 
  • Great Western Greenway, Mayo County Council: A low-impact infrastructure project demonstrating how sustainability-led investment can extend tourism season and stimulate local economies. 
  • Scandic Hotels Finland: long-term, data-driven sustainability strategy delivering operational savings, food-waste reduction and stronger brand credibility through consistent integration of environmental measures. 
  • Sustainability Strategy, TUI Group: example of embedding sustainability as “business as usual across a tourism group, highlighting the importance of leadership, governance and alignment between sustainability objectives and commercial priorities. 

 

Key conclusions and emerging trends

Stakeholder stories highlight ongoing efforts to shift sustainability from a perceived cost or regulatory obligation to a source of value creation

Key conclusions and emerging trends include: 

  • Sustainability is a competitive strategy, not a cost. Environmental action supports long‑term value creation, resilience and asset protection when integrated into core tourism strategies.
  • Natural capital is a productive infrastructure. Ecosystems such as coastlines, landscapes, and biodiversity underpin destination attractiveness and economic performance, requiring investment and protection.
  • Evidence‑based approaches strengthen ROI. Measuring impacts and focusing on proven interventions reduces uncertainty, supports prioritisation and improves both environmental and economic outcomes.
  • Operational efficiency is a major economic lever. Circular economic practices enable tourism businesses to reduce costs, simplify operations, and manage resource and energy price volatility.
  • Nature‑Based Solutions offer cost‑effective resilience. NbS reduce long‑term maintenance costs, protect tourism assets and enhance destination functionality while supporting climate adaptation.
  • Governance and people matter. Leadership commitment, cross‑departmental integration, skills development and stakeholder collaboration are critical to translating sustainability ambition into measurable competitive advantage.
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