UNECE Policy Framework for Sustainable Real Estate Markets (original) (raw)
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Policy Framework for Sustainable Real Estate Markets
United Nations Pubblication, 2019
This publication reflects the emergence of key international agreements, such as the 2030 Agenda for Sustainable Development; the Geneva UN Charter on Sustainable Housing; the New Urban Agenda; the Paris Agreement, and the Basel III Agreement, have led to the establishment of new global and regional policy frameworks for future activities on sustainable urban development at all levels. The current publication also includes updates on the issues such as urbanization, migration and mobility flows, technology and innovation; the growth of emerging markets and asset competition, the change in housing demand oriented towards green buildings and new designs; energy consumption and climate change; and other relevant phenomena. Moreover, this version of the Policy Framework for Sustainable Real Estate Markets maintains that, contrary to the widespread belief that finance and real estate sectors have negative impact on sustainability, they can actually contribute to the achievement of Sustainable Development Goals with the implementation of effective and compatible principles. In particular, the publication shows that these principles can be incorporated by national, local and municipal governments and applied to various forms of real estate. This publication is an update to the 2010 Policy Framework for Sustainable Real Estate Markets, that was also published by the UNECE Real Estate Market Advisory Group. --- United Nations Pubblication: ISBN 978-92-1-117210-2 eISBN 978-92-1-004293-2
In this study, the interdependency is presented between the characteristics of the buildings and the relative economic value, in order to plan economic policies and preconditions for improving the quality of the European buildings heritage through access, by an holistic approach, to the necessary financial resources. The economic value of a real estate asset is closely connected to the construction features and their performance over time (lifecycle). Safer, more comfortable and productive buildings for inhabitants are at the same time more operationally efficient and economically convenient for the owners. Solidity characteristics and static resistance to earthquakes, eco-efficiency and other constructive qualities of the building will provide benefits in the long term, and they are directly related the LCC (life cycle cost) including specific construction and/or maintenance costs. Moreover, these characteristics have an impact on the " market value " and on the " mortgage lending value " of properties, as well as on the possibility of financing the purchase through access to more affordable mortgages, and to make really feasible conversions even in the absence of public financial resources. This study introduces a new approach for conversions involving whole buildings or city areas. This research identifies the economic sustainability of a project by combining principles and suitable methodologies, together with performance and other characteristics. These aspects constitute the essential prerequisite for obtaining mortgages from banks and/or financial resources from international investors.
International Scientific Journal: Micro Macro & Mezzo Geo Information No. 9 / Year: 2017 UDC: 528:004; DOI: 10.13140/RG.2.2.32542.54083 ISSN: 1857-9000; EISSN: 1857-9019 1. Awareness raising on EO/GI/SDI for SDGS – the case of Hungary Szabolcs MIHÁLY, Tamás PALYA, and Gábor REMETEY-FÜLÖPP UDC: 528.4/.9:004.6]:502.131.1(439) DOI: 10.13140/RG.2.2.29721.11364 2. The space and the human right to healthy living environment Temelko RISTESKI UDC: 502.1:528.44(497.7) DOI: 10.13140/RG.2.2.23010.22727 3. Cross-border cooperation as a mechanism for sustainable development of water resources Hazir CADRAKU, and Osman FETOSHI UDC: 626/628-5:332.146.2(497-15) DOI: 10.13140/RG.2.2.36432.00008 4. Urban reparcelling - efficient method for urban development and land management Ljubisha KITANOVSKI UDC: 711.41-122:528.4 DOI: 10.13140/RG.2.2.30350.25927 5. Measures for preservation of administrative territory of Fushe Kosova municipality Ejup QYQALLA, and Hazir CADRAKU UDC: 504.4:556.166]:502.14(497.115) DOI: 10.13140/RG.2.2.13573.04328 6. Sustainable urban districts: European environmental showcase models Tigran HAAS, and Elisabetta TROGLIO UDC: 711.45-122:502.171 DOI: 10.13140/RG.2.2.26994.81601 http://mmm-gi.geo-see.org/journal/volume-9
Is Urban Planning in India Exclusionary? The Case for Inclusionary Zoning and Housing in India
Both research and practice suggest that inclusionary zoning is a desirable way of creating affordable housing and workplaces for the urban poor and fostering social inclusion by capturing resources created through the marketplace. It works, if designed well. It can be a profound means of securing affordable housing for the low income population within new private market residential developments. However, while urban planning in India has tended to be exclusionary, inclusionary zoning has not been adopted as a paradigm excepting in Gujarat. It is in this context that the paper aims at drawing lessons from theoretical and empirical research for designing an inclusionary zoning and housing programmes to achieve the goals of Housing for All Mission – Prime Minister’s Awas Yojana (PMAY). The findings of this research suggest that the inclusionary zoning programmes can operate well when urban land and housing markets are booming. New developments must pay for the impacts they create including those for affordable housing. 1
Humanity on the move: Unlocking the transformative power of cities
The momentum of urbanization and its impacts are so massive that we must face up to this trend. In view of the existing cognitive, technical, economic and institutional path dependencies, a policy of business as usual – i.e. an unstructured, quasi-automatic urbanization – would lead to a non-sustainable ‘world cities society’. Only if cities and urban societies are sufficiently empowered can they make use of the opportunities for sustainability and successfully follow the urban transformation pathways. The success or failure of the Great Transformation will be decided in the cities. The WBGU discusses the relevant conditions for the success of this transformation in this report.
Athens Resilience Strategy for 2030: Redefining the city
The City of Athens, a venerable yet intricate city of near 700.000 residents, part of a 3.75 million people metropolis, is for several years now facing a serious socio-economic crisis. Through concerted e orts, the city has managed to survive, to adapt and to transform into a more creative and collaborative city. The struggle is by no means over. This last year, calling on the insights and expertise of hundreds of stakeholders, from opinion leaders and academics to women migrants and the homeless, the city drafted its Resilience Strategy. This is a set of practicable actions which rst of all strengthen and scales up what has made our city stronger: formal and informal networks and alliances. Athens Resilience Strategy o ers a set of new integrated ways to prepare and protect our most vulnerable from future shocks and stresses that the city will face. Boosting the city’s resilience means creating new as well as revitalizing existing open and green public spaces. This is vital for our densely built and populated city, threatened by both intense heat (climate change) and earthquakes. The city needs to become more forward thinking and proactive, turning its challenges into resources (vacant buildings, newly arrived refugee and migrant populations, energy and waste). Around such resources it will build capacity and start to develop economies that, together with tourism and the creative sector, will generate the city’s future. Finally the city will strengthen its government, through becoming more transparent and accountable, opening streams of communication, creating a digital agenda and innovation strategy.
Planning and land policy tools for limiting urban sprawl: The example of Belgrade
2015
Both the characteristics of Serbia’s urban land policy, the delay in reforms and land development management of the Belgrade Metropolitan Area (BMA) illustrate the complexities following the reshaping of institutional framework under the conditions of economic and other uncertainties of societal transition. The negative implications of the prolonged crisis on the new urban development policy and urban land tools can postpone the establishment and application of guidelines for limiting the urban sprawl. This paper presents a brief literature review, as well as the current urban land policy and land-use efficiency in the BMA. Traditional urban land tools will be shortly described, followed by recommendations for limiting sprawl. There is a need for readjusting the current planning and urban policy regarding the urban sprawl, from an urban “command-and-control” approach to a “learn-and-adapt” approach. We suggest the introduction of more innovative and flexible urban land policy tools. [Projekat Ministarstva nauke Republike Srbije, br. III47014] Keywords: urban land policy, urban land tools, urban land bubble, urban sprawl, Belgrade