By : Md. Shumais, Ramchandra Bhatta and Mahedev Bhat
The Republic of the Maldives attracts thousands of tourists who are drawn by the country's beautiful coral atolls. Unfortunately, the country's environment faces a number of significant challenges and government expenditure on conservation activities is relatively low. In addition, more than half of the Maldivian government's annual environmental protection budget comes from unstable international aid. Thus, it is important that more stable and sustainable sources of conservation finance be identified.
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