Cozumel real estate is famous for its beautiful nature, and it is of invaluable importance for both home buyers and visitors to preserve this aspect of the island. A recent announcement has indicated that further funding will be dedicated to help study and preserve the biodiversity of the island's coral reef. In early June, Mexico's top tycoon Carlos Slim and the World Wildlife Foundation (WWF) announced that they would invest 100 million dollars in preserving biodiversity in 17 natural area groups in 6 different regions of our Mexico real estate market. Cozumel will benefit through a part of these funds will be dedicated to the island.

The announcement was made as a part of the World Environment Day events, which were hosted in the Mexican Caribbean. An agreement was signed during the same event by the donators and the Government of Mexico.

The World Environment Day's activities included a gathering of about 400 experts, businessmen and scholars, with the purpose of coming to agreements in preparation for the United Nations Climate Change Conference at the end of this year, where it is hoped that a new, multilateral replacement can be found for the Kyoto Protocol.

Some of the most important scientists and activists for preserving biodiversity are participating in the agreement mentioned above. A few examples are Mario Molina, receiver of the Nobel Prize for Chemistry in 1995, Julia Carabias, a former Minister of the Environment and Jose Sarhukan, the former president of the Universidad Nacional Autonoma de Mexico (UNAM).

“I'm pleased to be a part of this agreement with the WWF and the government to support environmental protection, which is a world-wide concern in which many people and organizations are participating,” stated Slim, the owner of Telmex and America Movil.

Slim, currently the world's third richest man, possessing a fortune of 35 billion dollars, according to Forbes magazine, added that the WWF and the Fundacion Caso each distributed half of the donation; this donation, explained Slim, is only the beginning – it will be increased with new contributions from various sectors.

“We need to promote sustainable development projects, so that people can live in a system of preserving ecosystems and not destroying them; in the long term, this will be more profitable,” said Slim.

The current Minister of the Environment, Juan Rafael Elvira, explained that Mexico is in fourth place in the world for biodiversity; for this reason it is necessary that all sectors of the country to participate in protecting this diversity.

The six regions of Mexico which will be studied and protected are the Golf of California, the Chihuahua Desert, the Mexican – Central American Coral Reef, the state of Oaxaca, the Monarch Butterfly Reserve in Michoacan and the Lancondon Jungle in Chiapas. The agreement also includes an inventory of the jungles and woods in Mexico.

Cozumel will, of course, be included in the Coral Reef area. Further study and efforts to preserve this natural wonder will benefit not only Cozumel's tourism industry but the island's, Tulum real estate  and Playa del Carmen real estate market, offering protection of the region's key attractions to both visitors and residents. Cozumel is known for its beautiful nature, and its residents are aware of and active in conserving this invaluable resource.

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Thomas Lloyd, graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years.  Mexico Real Estate Degree & Professional Identificacion Number S.E.P. #5978657. He is the current president of TOPmexicorealestate