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  • Climate change adaptation in private real estate development: essential concepts about development for feasible research, regulation and governance

    Author(s)
    Coiacetto, E
    Griffith University Author(s)
    Coiacetto, Eddo J.
    Year published
    2016
    Metadata
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    Abstract
    This chapter outlines the contribution and significance of private sector development to climate change, and provides a working definition of climate change adaptation in the context of real estate development. It highlights the need for a broader sector‐wide, whole‐of‐process perspective. The chapter then focuses primarily on the core of development, risk, and the two key roles of capital and of the developer in risk. It discusses the relevance of matters such as the importance and challenge of identifying the developer, the role of information, the heterogeneity of the industry, the industry's temporal structural dynamism ...
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    This chapter outlines the contribution and significance of private sector development to climate change, and provides a working definition of climate change adaptation in the context of real estate development. It highlights the need for a broader sector‐wide, whole‐of‐process perspective. The chapter then focuses primarily on the core of development, risk, and the two key roles of capital and of the developer in risk. It discusses the relevance of matters such as the importance and challenge of identifying the developer, the role of information, the heterogeneity of the industry, the industry's temporal structural dynamism and the diversity of approaches to negotiating the risk landscape presented to development. In doing so, the chapter reveals the problematic nature of research, regulation and governance for achieving a climate change adaptive development industry. It also shows that understanding risk is the key to understanding development and the diversity of development strategies.
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    Book Title
    Climate Adaptation Governance in Cities and Regions
    DOI
    https://doi.org/10.1002/9781118451694.ch14
    Subject
    Atmospheric Sciences not elsewhere classified
    Publication URI
    http://hdl.handle.net/10072/142324
    Collection
    • Book chapters

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