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Retrofitting the existing building stock through a development rights market stimulation tool: An assessment of a recent experience in Northern Italy

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  • Sara Verones

Abstract

Energy retrofit of the existing building stock has a key role in responding to climate change. In light of a recent experience in Northern Italy, this article examines a new tool based on land development rights with which to support the reduction of energy consumption and the production of renewable energy in urban areas. The market stimulation tool is discussed in terms of an integrated conceptual model that starts from the similarities and differences between national and international uses of ‘non-financial instruments’. The research results show how difficult it is to transfer a theoretical concept to local realities. Nevertheless, a new role of the public administration whereby it activates private actors in addressing climate change goals will be even more challenging.

Suggested Citation

  • Sara Verones, 2017. "Retrofitting the existing building stock through a development rights market stimulation tool: An assessment of a recent experience in Northern Italy," Urban Studies, Urban Studies Journal Limited, vol. 54(8), pages 1905-1920, June.
  • Handle: RePEc:sae:urbstu:v:54:y:2017:i:8:p:1905-1920
    DOI: 10.1177/0042098016633368
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    References listed on IDEAS

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    1. Chris Webster & Lawrence W.-C. Lai, 2003. "Property Rights, Planning and Markets," Books, Edward Elgar Publishing, number 2625.
    2. Sara Verones, 2015. "Riqualificare energeticamente la citt? oltre i premi volumetrici," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2015(2), pages 69-87.
    3. Filogamo, Luana & Peri, Giorgia & Rizzo, Gianfranco & Giaccone, Antonino, 2014. "On the classification of large residential buildings stocks by sample typologies for energy planning purposes," Applied Energy, Elsevier, vol. 135(C), pages 825-835.
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    5. Roberto Camagni, 2014. "Perequazione urbanistica "estesa", rendita e finanziarizzazione immobiliare: un conflitto con l?equit? e la qualit? territoriale," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2014(2), pages 29-44.
    6. Patricia Machemer & Michael Kaplowitz, 2002. "A Framework for Evaluating Transferable Development Rights Programmes," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 45(6), pages 773-795.
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