Eco-tourism has proven that a living shark is far more valuable than a dead one. While the shark fishing industry profits about $630 million annually, shark tourism is gaining the upper hand. Palau is setting the global standard for this consistent profit, which has already benefitted its economy in more ways than one. From creating job sectors to encouraging conservation of vulnerable species, Palau is leading the charge. A new era of the shark industry is changing the game with the potential to thrive as long as the species does.
Original Article: Palau’s Shark Sanctuary Generates 8% of Its GDP. Here’s How.