A Cultural Heritage Investment Fund as a Strategy for Conserving our Cultural and Natural Legacies

Burnham, Bonnie (2019) A Cultural Heritage Investment Fund as a Strategy for Conserving our Cultural and Natural Legacies. In: 2018 US/ICOMOS Symposium "Forward Together: A Culture-Nature Journey Towards More Effective Conservation in a Changing World", November 13-14, 2018, San Francisco, California. [Conference or Workshop Item]


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Abstract (in English)

PART 4. BUILDING CAPACITY FOR CHANGE: RECENT DEVELOPMENTS AND NEW OPPORTUNITIES /// The man-made world is undergoing dramatic transformations in the 21st century through globalization and the migration of rural populations to urban areas. All our cities, towns and human settlements will be impacted by this change. Despite the acknowledgement of the issue and the mandate to conserve cultural and natural heritage as point 11.4 of the UN Sustainable Development Goals, governmental and philanthropic support have not been significant enough to implement a global conservation strategy on the scale needed. In order to be successful on a larger scale, heritage preservation must be coupled with planning and development to support overall community growth and the broad mission of sustainable development. A new funding vehicle now in formation, the Cultural Heritage Finance Alliance (CHiFA), will work globally to attract funds from lenders and investors, and re-invests that money in community revitalization with heritage as its centerpiece. This financing can catalyze the mutually reinforcing benefits that arise from the preservation of culturally significant built heritage and the goals of social inclusion, environmental conservation, and the creation of vibrant communities.

Item Type: Conference or Workshop Item (Speech)
Burnham, Bonnie
Languages: English
Keywords: UN Sustainable Development Goals; conservation of cultural heritage; conservation of natural heritage; governance; policies; strategies; urban planning; town planning; town and country planning; land use; financial aspects; funding; investments; social and economic aspects; USA
Subjects: D.URBANISM > 03. Town and country planning
E.CONSERVATION AND RESTORATION > 09. Social and economic aspects of conservation
Name of monument, town, site, museum: Cultural Heritage Finance Alliance (CHiFA)
National Committee: United States of America
ICOMOS Special Collection Volume: 2018 US/ICOMOS Symposium
Depositing User: ICOMOS DocCentre
Date Deposited: 22 Jan 2020 10:22
Last Modified: 22 Jan 2020 10:22
URI: https://openarchive.icomos.org/id/eprint/2314

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