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Updated: Dec 8, 2025
12:44
Watershed Planning within a Quantitative Scenario Analysis Framework
Published on: July 24, 2016
8.3K
Common value: transferring development rights to make room for water.
Besmira Dyca1, Kevin Muldoon-Smith1, Paul Greenhalgh1
1Northumbria University, Ellison Building, Newcastle upon Tyne, NE1 8ST, United Kingdom.
Environmental Science & Policy
|September 21, 2020
Summary
Floods are a major global disaster, costing billions annually. This study explores how blue/green infrastructure (BGI) and Land Value Capture (LVC) instruments, specifically Transferable Development Rights (TDR), can fund flood risk management and promote environmental agendas.
Area of Science:
- Environmental Science
- Urban Planning
- Environmental Economics
Background:
- Floods represent a significant global disaster, causing substantial economic losses and fatalities.
- The evolving field of flood risk management (FRM) increasingly integrates blue/green infrastructure (BGI) to harness natural processes.
- There is a critical knowledge gap regarding the mainstreaming and, particularly, the funding of BGI innovations.
Purpose of the Study:
- To analyze academic literature and international best practices in BGI and Land Value Capture (LVC) instruments.
- To develop a novel conceptual framework for research into BGI and its practical delivery.
- To investigate the potential of Transferable Development Rights (TDR) as a funding mechanism for BGI in FRM.
Main Methods:
- Literature review of BGI and LVC instruments.
- Analysis of international best practices.
- Development of a conceptual framework focusing on TDR.
Main Results:
- Transferable Development Rights (TDR) show potential as a conduit for funding FRM and addressing distributive justice implications of BGI.
- BGI implementation decisions have significant distributive justice implications.
- The success of TDR is contingent upon specific legal, market, and urban development contexts.
Conclusions:
- TDR offers a promising financial mechanism for implementing BGI in flood risk management.
- Further research is needed to explore TDR's effectiveness within diverse contextual settings for BGI implementation.
- Addressing the financial imperative and distributive justice concerns is crucial for successful BGI mainstreaming.
Keywords:
Blue/green infrastructureFlood risk managementLand value captureTransferable Development RightsMore Related Videos
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