The combination of urban growth and climate change present complex challenges for Melbourne and many other cities across Australia. This project was a rare and compelling opportunity to deliver an evidence based assessment of mechanisms with potential to impact sustainability at scale.
City of Melbourne
Photography via City of Melbourne
Artist's impression of the Arden Precinct
Impression of Fishermans Bend via Development Victoria
HIP V. HYPE with Point Advisory, created a framework for the interrogation of various finance, operational and governance models that can support the delivery of sustainable cities. With the population in the City of Melbourne is expected to double over the next 20 years, concentrated in the urban renewal areas, there is a key opportunity to implement the city’s commitments to address climate change mitigation, adaptation, and liveability.
We created a framework to analyse models and mechanisms to achieve sustainability goals in an urban development context. The framework supported the identification of suitable innovative models that could be implemented by the City of Melbourne. Models tested were drawn from extensive research into international best practice examples and the most promising included:
- An Urban Forest Fund Model
- Centralised Waste Management
- Centralised and coordinated parking arrangements
- An energy or multi-utility services company arrangement
The City of Melbourne now has a framework through which it can assess potential measures to deliver improved sustainability (social, environmental and economic) outcomes within the City. The framework can deliver more consistent analysis, allow barriers and potential solutions to be more readily identified and improve communication across disciplines.