News in 2022
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FIG and the Sustainable Development Goals - Commission 9
February, 2022
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:
- 1 No Poverty
- 2 No Hunger
- 9 Industry, Innovation, Infrastructure
- 11 Sustainable Cities and Communities
- 13 Climate Action
- 17 Partnerships
Peter Ache and Paula Dijkstra
February 2022