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Devising Financial Tools for Urban Conservation
Donovan Rypkema in his essay ‘Devising Financial Tools for Urban Conservation’ outlines mechanisms and programmes are needed to encourage or facilitate the investment of private capital into heritage assets, as few governments in the world currently have the financial resources available to restore and maintain all of the heritage buildings worthy of conservation. He discusses a full range of traditional and innovative schemes that can be introduced to support urban heritage conservation policies within a Historic Urban Landscape approach. Christian Ost and Mozart Serra in their case studies emphasize that an effective urban heritage management is determined by values and aspirations, constrained by political realities and markets, characterized by shortcomings and externalities, as well as supported by tailor‐made schemes involving incentives, regulation and investments, through multiple source financing, complex cost recovery mechanisms and subsidies.
Devising Financial Tools for Urban Conservation
Donovan Rypkema in his essay ‘Devising Financial Tools for Urban Conservation’ outlines mechanisms and programmes are needed to encourage or facilitate the investment of private capital into heritage assets, as few governments in the world currently have the financial resources available to restore and maintain all of the heritage buildings worthy of conservation. He discusses a full range of traditional and innovative schemes that can be introduced to support urban heritage conservation policies within a Historic Urban Landscape approach. Christian Ost and Mozart Serra in their case studies emphasize that an effective urban heritage management is determined by values and aspirations, constrained by political realities and markets, characterized by shortcomings and externalities, as well as supported by tailor‐made schemes involving incentives, regulation and investments, through multiple source financing, complex cost recovery mechanisms and subsidies.
Devising Financial Tools for Urban Conservation
Bandarin, Francesco (editor) / van Oers, Ron (editor) / Rypkema, Donovan (author)
Reconnecting the City ; 283-300
2014-11-24
18 pages
Article/Chapter (Book)
Electronic Resource
English
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