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This week, we’re talking about the financial costs associated with making decisions that are going to improve livability and sustainability across our cities. It’s great for us to come up with some new ideas. But particularly when you’re talking with government organisations and agencies, we really need to have some understanding of the economic impact of those decisions. This is where economics becomes our friend. And you’re going to learn from two experts this week and their experiences, particularly related to energy rehabilitation and sustainability, but also related to health economics and how we can make changes in the built environment and measure those in terms of economic costing. This is going to be a really interesting session for you.
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And I think you’ll understand in moving through this content that it’s actually quite difficult to measure some of these things, particularly when it comes to active transport like cycling and walking. It’s very hard to be able to measure that and to make an argument to say why it’s beneficial in terms of health and in terms of economics at the same time. I know from our own research that it’s quite difficult to do these things, but it’s also really important, because we need to have some sense of why it’s critical to make these decisions. Cycling has become the new buzzword during COVID. Everyone’s putting out a pop-up cycling lane.
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But we also need to be understanding, what are the implications of these decisions, and how is it creating benefit, is it worthwhile, and how is it worthwhile, to make these arguments strong. Climate change is something that no city can deny. It’s really happening to all of us all around the world. And now’s the time to make those links and to connect the health impacts to how we’re designing and building these cities. So I hope you really enjoy this and you take the content and enjoy putting it into your case study learnings as well. Enjoy the journey, and good luck.

Well-designed buildings, spaces and places contribute to a wide array of values and benefits that range from direct, tangible, financial benefits through to indirect, intangible, long term values, such as improved public health.

This week, we examine economic evaluations and the important role they play in healthy city interventions. In particular, we focus on the financial costs and benefits of making changes in sustainability and liveability.

As we’ll discover, it is government and industry who have substantial power to effect major changes in cities. Government and industry listen to the language of economic costs and benefits, so it is important to understand the role of conveying direct and indirect economic consequences of mobility changes.

Your mobility case study

You’ll also have the opportunity to apply your learning to your mobility case study. This week, we’ll be exploring a cycling or walking intervention in your chosen locality, and estimating the health and mortality impacts and the subsequent economic value of your intervention using the HEAT tool.

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Urban Mobility for Liveability

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