Abstract
<jats:p>Using the MEREC-CoCoSo method, this study evaluates the impact of pandemics and forest fires on the tourism sector in Greece, France, Spain, Turkey, and Italy, proposing a Mediterranean Tourism Emergency Response Budget. It addresses the potential benefits of such a fund in preserving the tourism industry during disasters, particularly examining the impact of the 2020 pandemic and forest fires as well as explores whether pre-emptive creation of such a fund could allow these nations to safeguard their tourism industry and the extent of potential benefits. The study emphasizes the need for proportional financing based on the MEREC-CoCoSo method to ensure fairness and cooperation among participating countries, offering a potential model for other regions. The findings suggest that if implemented, the fund could notably benefit France, fostering regional cooperation and setting a precedent for sustainable tourism practices.</jats:p>