New publications of the Research Department of AFD
Méthodologies d'évaluation économique du patrimoine urbain : une approche par la soutenabilité
Today, development actors see urban heritage as a resource for their territory, which is why they need to define its economic value. This evaluation is a delicate exercise as such patrimony generally is a complex reality, consisting of four interdependent dimensions that are economic, cultural, social and environmental.
The methodology for evaluating the economic potential of such heritage as proposed here involves four analytical steps. The first step, identification of the patrimony, cannot be based on an economic approach alone, but combines this with historical and sociological inquiries. Evaluating the services rendered by an urban heritage is the second step. The third step is the pivotal one of the proposed methodology: based on the idea of sustainability—borrowed from environmental economics—investment flux is compares with degradation of the urban heritage. As a fourth step, we introduce threshold effects and the risk of non-sustainability into the analysis. A sustainability grid allows the reader to visualize and synthesize these four steps in a single diagram.
Michel VERNIERES (Coordination), Valéry PATIN, Christine MENGIN ( Paris 1 Panthéon – Sorbonne University), Vincent GERONIMI, Laurent DALMAS, Jean-François NOEL and Jessy TSANG KING SANG (CEMOTEV - EA 4457, Versailles Saint-Quentin-en-Yvelines University). Contact AFD : Marie-Pierre BOURZAI-CHÉRIF

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