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Private sector supporting UNESCO bid

The Isle of Man’s bid to be recognised by the United Nations as a world biosphere reserve is gaining support from the private sector.

The Island would become the first country in the world to gain such a status, putting it in the same league as Mount Kenya and Ayres Rock.

UNESCO status would provide global recognition of the Island’s ability to balance a modern and dynamic economy with a high-quality environment.

A formal submission will go before the UN in July next year with the application now supported heavily by companies like Microgaming.

Government says the endorsement would be worth a significant amount to the Manx economy but hasn’t released any estimates.

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