Preserving Nature Makes Smart Economics
Many of us admire big cats and other wild species for
their extraordinary beauty and the richness they add
to the world. They are fierce, endangered, and vital
to the ecosystems they help balance. But preserving
nature is also a livelihood for a growing number of people around
the world — especially in places where other opportunities are
scarce.
Preserving nature underpins hundreds of millions of jobs
globally. Forestry supports 50 million workers. Small-scale fisheries
sustain up to 500 million. Nature-based tourism, one of the fastest growing sectors in global travel, employs millions more — often in
regions where few other sources of income exist.
In these areas, nature is not just beautiful. It’s bankable. It
provides the first step on the ladder to the middle class — a step
that communities can build without destroying the ecosystems they
depend on.
Big cats offer a powerful lens to understand this dynamic.
Today, big cats roam in 95 countries across Asia, Africa, and
the Americas. Their story mirrors the challenges and choices
of development — a mix of progress, missed opportunities, and
cautionary tales. These apex predators often share their landscapes
with some of the world’s poorest communities. As climate shocks
intensify — floods, droughts, land degradation — natural resources
become scarcer. Conflict follows: big cats attack livestock, and
sometimes people. In turn, people retaliate, either to protect their
livelihoods or to profit from the illegal wildlife trade.
And the profits are high. The global illegal wildlife trade is
thriving, and big cat parts remain especially lucrative. That’s why
we work with law enforcement partners through the International
Consortium to Combat Wildlife Crime. Together, we help countries
dismantle the high-reward, low-risk dynamics that fuel wildlife
crime — from crime scenes to courtroom steps. Strengthening
governance in this way is not just good conservation; it’s smart
development policy.
But this is not a story of decline. It’s a story of potential — and
of progress.
In Nepal, the tiger population has tripled over the past two
decades, while forest cover has doubled. Crucially, that conservation
success is creating livelihoods. Our research shows that 45% of
international visitors come to Nepal to experience its natural beauty.
Around Chitwan National Park — home to 128 of the country’s 355
tigers — tourism-related jobs now employ 3% of the working-age
population. That’s not just spending — it’s economic lift. Each
dollar from a tourist grows by nearly 80% as it moves through local
jobs, services, and supply chains.
In Bangladesh, a mix of anti-poaching patrols, fencing, and
community engagement has helped boost tiger populations
without a rise in human-wildlife conflict. In Uganda, former poachers are now trained wildlife rangers, tracking lions in national
parks and turning conservation into steady work. In Mexico, jaguar
cubs are being rehabilitated and released into the wild, backed by
foundations that support both nature and local communities.
India — home to five species of big cats: leopard, lion, snow
leopard, tiger, and cheetah — has gone even further. It has built a
model of nature-positive development that lifts both biodiversity
and GDP. India hosts the world’s largest tiger population and has
revived the Asiatic lion through Project Lion. These achievements
now fuel a booming tourism sector, with marquee tiger parks
like Ranthambore emerging as engines of economic growth.
Ranthambore alone attracted over 650,000 visitors in 2023–24 —
a number growing by up to 15% year-on-year — creating jobs and
nurturing local talent among forest-dependent communities.
The ripple effects are real. Nature-based tourism brings income,
sparks entrepreneurship, and creates jobs — especially in rural
areas. Global research we’ve conducted shows that every dollar
invested in national parks delivers an economic return of at least six
times the original investment.
This success wasn’t accidental. It came from deliberate strategies
to integrate conservation into development — across three pillars: managing nature, building businesses around it, and sharing the
benefits. The World Bank Group helped champion this model
through the Global Tiger Initiative, launched in 2008, which united
13 tiger-range countries to craft national action plans — a milestone
that culminated in the 2010 St Petersburg Tiger Summit. India’s
recent launch of the International Big Cat Alliance (IBCA) builds
on that legacy — enabling countries especially across the Global
South to share knowledge and scale solutions. Its collaboration with
the Sankala Foundation to publish BigCats magazine is one more
example of homegrown leadership and innovation.
Preserving nature is smart economics. It creates jobs where few
others exist. It opens doors to inclusive growth. And it strengthens
the foundations for a better, more sustainable future.
No species tells that story more powerfully than the big cats.
Authors
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Mr Ajay Banga is the President of the World Bank Group. He is the first person of South Asian ancestry to hold the position. At the World Bank, he has led the adoption of a new vision and mission for the organisation to create a world free of poverty, on a liveable planet. Under his leadership, the Bank has undertaken a broad set of reforms to boost lending capacity, simplify operations, and deliver development solutions that are practical, scalable, and impactful.
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was the 11th president of the World Bank (2007-2012). He has also held positions as the Managing Director of Goldman Sachs, the United States Deputy Secretary of State, and the US Trade Representative. Since ending his term with the World Bank, Mr Robert has been a senior fellow at Harvard’s Belfer Centre for Science and International Affairs.
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Mr Ajay Banga is the President of the World Bank Group. He is the first person of South Asian ancestry to hold the position. At the World Bank, he has led the adoption of a new vision and mission for the organisation to create a world free of poverty, on a liveable planet. Under his leadership, the Bank has undertaken a broad set of reforms to boost lending capacity, simplify operations, and deliver development solutions that are practical, scalable, and impactful.