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Economic/Financial/Market Barriers to Creating Sustainable Cities
 

 

Perceptual / Behavioural Barriers
Institutional / Structural Barriers
National and Sub-National Barriers
Overcoming Barriers

  • Financial gain motive.
  • Marginal pricing and economic valuation. Because we live in a global system where the agreed upon exchange medium of value is money, government and society feel the pressure to preserve money generating activities more strongly than the pressure to preserve life sustaining networks.
  • Inadequate funds.
  • Externalities: market conditions that permit a producer or consumer to shift the costs for their economic activities to other parties.
  • Free rider syndrome. A form of externality that derives from the inability of any institution to control and charge for the use (or abuse) of a natural asset.
  • Existing funds already pre-allocated to other initiatives.
  • Monopolies.
  • Benefits of sustainable real estate development are diffuse, while the costs (to specific groups) are concentrated.
  • Fragmentary and cumbersome approvals process, which adds time and cost to innovative development, thereby increasing risk.
  • A lack of widely available and understood cost-comparison data (including from a full-cost accounting perspective) with respect to SRED design features and alternative development standards.

Building Stronger Communities in Calgary
http://www.gov.calgary.ab.ca/81/cmtywork/cdbshome.htm
Jennie Moore: What's Stopping Sustainability: http://www.newcity.ca/Pages/mooreindex.html
Nigel Richardson: Sustainable Communities Resource Package: http://www.web.net/ortee/scrp/index.html
Strategies for Overcoming Market and Institutional Barriers to Sustainable Real Estate Development in Canada: http://www.cip-icu.ca/99papers/alexander.htm

India

Sweden

Argentina

Central Europe

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