How are the Sustainable Development Goals (SDGs) Impacting Cities and the Real Estate Ecosystem?
The SDGs represent a new development paradigm, a new development language, accepted unanimously by all UN Member States and now adopted by Cities.
How to apply this new development language in cities and generate a virtuous cycle, where the 17 Goals, can be used to create investable projects that align public with private dynamics, generating a new breed of players in the real estate ecosystem?
It is happening through a top-down approach that uses the Voluntary Local Reviews (VLRs), strategic plans based on the SDG principles. It also represents a bottom-up movement that involves collecting case studies to show, share and improve existing development models by cities and players across the world. New tools are being designed and created by a transdisciplinary team involving policymakers, urban developers, investors, civil society, and the academy.
A collection of case studies was published, and more are being collected. A new toolbox was created, that has now been approved by the United Nations, and is being used in cities across the world, by urban development practitioners and scientists. They keep testing and improving them, as well as generating new ones.
The principles behind the SDGs can be used as leverage to enhance stakeholder involvement, cure and protect the planet, design investable projects, promote sustainable finance, and make cities territorial catalyzers for nations to achieve the SDGs.
Mots clés : SDGs|Cities|Real Estate|VLR|Sustainable Finance
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