News in 2022
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FIG Task Force on FIG and the Sustainable Development Goals together with the ten Commissions have worked on their role on the sustainable development goals relevant for their Commission.
Commission Chair Elect Peter Ache gives his Statement on the sustainable development goals in relation to Commission 9 - Valuation and the Management of Real Estate |
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The overall objective of the work of commission 9 is to work towards improved transparency in the land markets.
Real estate has an outstanding importance of the quality of living and working, the transparency of this market is of particular importance. Corruption, money laundering and white-collar crime are the more difficult the more transparent the market is. Banks reduce the risks of mortgage lending, the safer the development of property values can be, and the risks of a financial crisis are reduced if investors can be sure that the price of a property is not completely off the market. In addition, governments can use the data to make funding decisions for reducing soaring real estate prices. The working paper "Valuation for Unregistered Land" is an excellent step in this direction.
For Commission 9 the SDG's 1, 9, 11 as most relevant. But in my view, SDG 2 (Zero Hunger) also belongs to it, which is very closely related to SDG 1 (No Poverty). SDG13 (Climate Action) is also part of it, because climate neutrality cannot be achieved without climate-neutral and sustainable construction and the related financing instruments (which in turn also include the evaluation of the price effects of climate-neutral buildings). And of course we also have to look for partners, SDG 17, for these goals within the valuation- and the land management -scene. These communities are, especially in the Commission 9 sector, not always geodetic circles, but often also geographers, economists or sociologists.
Commission 9 could therefore contribute to achieving the following SDG's:
Peter Ache and Paula Dijkstra
February 2022
