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CLIC - Circular models Leveraging Investments in Cultural heritage adaptive reuse

Project description

DEENESFRITPL

Preserving cultural heritage by unlocking economic potential

While the number of recognised cultural heritage sites continues to rise, the financial resources needed for their functional restoration are becoming increasingly scarce. The decay of cultural heritage due to a lack of financial support has become an alarming issue. Private actors, driven by short-term gains, further complicate the situation. Consequently, the risk of heritage decay looms larger with each passing year. In this context, the EU-funded CLIC project aims to create flexible, transparent, and inclusive tools that manage the transformation of cultural landscapes. By harnessing the potential of cultural heritage, CLIC seeks to bridge the investment gap in regeneration efforts. It will identify and share innovative ‘circular’ financing, business, and governance models.

Objective

"The characteristics of cultural heritage and landscape pose significant challenges for its governance. Long since cultural heritage is considered as a resource for local development strategies. But there are some contradictions. The sites recognized as cultural heritage are increasing; the costs for functional reuse are growing, while public resources available are becoming scarcer, and private actors are increasingly focused on the short time for payback. The consequence is that there is a growing risk that the decay of heritage will increase year by year because of lack of financial support. Cultural heritage is a non-renewable capital and it is linked to the economy because economics refers to the management of scarce and non-renewable resources; for these reasons, heritage conservation is also an economic choice.
The CLIC project addresses significant challenges of cultural heritage and landscape adaptive reuse. It progresses the agenda on heritage-led local sustainable development by developing flexible, transparent, integrated and inclusive tools to manage the change of cultural landscape, which are required to leverage the potential of cultural heritage for Europe. The investment gap in cultural heritage and landscape regeneration will be addressed by CLIC through careful evaluation of all costs, of ""complex values"" and impacts of adaptive reuse, selecting function(s) not only linked to tourism attractiveness, but also for the well-being improvement, providing critical evidence of wealth, jobs, social, cultural, environmental and economic returns on the investment.
The overarching goal of the CLIC trans-disciplinary research project is to identify evaluation tools to test, implement, validate and share innovative ""circular"" financing, business and governance models for systemic adaptive reuse of cultural heritage and landscape, demonstrating the economic, social, environmental convenience, in terms of long lasting economic, cultural and environmental wealth."

Fields of science

Programme(s)

Topic(s)

Call for proposal

H2020-SC5-2016-2017

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Sub call

H2020-SC5-2017-OneStageB

Funding Scheme

RIA - Research and Innovation action

Coordinator

CONSIGLIO NAZIONALE DELLE RICERCHE
Net EU contribution
€ 876 033,82
Address
Piazzale aldo moro 7
00185 Roma
Italy

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Region
Centro (IT) Lazio Roma
Activity type
Research Organisations
Links
Other funding
€ 0,00

Participants (16)

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Last update: 19 October 2022

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Permalink: https://cordis.europa.eu/project/id/776758

European Union, 2023