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THE REAL ESTATE FINANCE-URBAN CLIMATE RISK NEXUS: A COMPARATIVE ANALYSIS OF MIAMI, ROTTERDAM, AND SINGAPORE

Objective

The connections between real estate governance and urban climate risk management represent a critical missing link between urban research, policy-making, and practice. Real estate climate risk management practices have important consequences for the welfare and prosperity of at-risk cities, yet climate risk management cultures and practices vary greatly between cities. These highly particular variables shape an increasingly globalized real estate industry’s exposure to climate risks in any given context and project. This dynamic and differentiated interaction of institutions, imperatives, and interests that govern real estate climate risk – both across the global real estate industry and within at-risk cities -- may be termed the real estate finance-urban climate risk nexus. The proposed project advances the theoretical and empirical understanding of the real estate finance-urban climate risk nexus (i) across the contemporary landscape of real estate finance institutions and (ii) within major coastal property (re)development projects in three case cities, in order to (iii) synthesise a critical and comparative understanding of how understandings of climate risk reshape the global real estate industry finance, and restructure the property markets of vulnerable coastal cities.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MSCA-IF-EF-ST - Standard EF

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-MSCA-IF-2017

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Coordinator

KATHOLIEKE UNIVERSITEIT LEUVEN
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 160 800,00
Address
OUDE MARKT 13
3000 LEUVEN
Belgium

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Region
Vlaams Gewest Prov. Vlaams-Brabant Arr. Leuven
Activity type
Higher or Secondary Education Establishments
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 160 800,00
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