118,472 research outputs found

    Blended Value Investing: Innovations in Real Estate

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    In March 2006, The World Economic Forum published Blended Value Investing: Capital Opportunities for Social and Environmental Impact. That paper, written by Jed Emerson and Joshua Spitzer, presented and explored the notion that between market-rate financial investments and philanthropy lie investment opportunities that intentionally create both financial returns and environmental and social value. These investment instruments seek not simply to balance extra-financial value with financial value, to avoid doing harm, or to add token social responsibility to financial investing (as is true of many 'double bottom line' funds); rather they pursue a sustained blending of value creation -- in financial, environmental and other dimensions. That paper presented 12 case studies of funds and investment instruments in this blended value investing category with a focus on global economic and social value creation more than environmental value creation.In the autumn of 2006, The William and Flora Hewlett Foundation funded a new exploration of blended value, this time focused more specifically on the area of environmental and conservation finance. Many innovations are advancing the field of environmental finance, many of these strategies have been well documented in a variety of articles, books and websites. Nevertheless, for many asset owners and managers, creating blended financial and environmental returns still remains a difficult goal to attain. These actors continue to ask questions regarding the types of investment option before them, the degree (if any) to which they carry a financial penalty, and the nature of the environmental value created (among other questions). Accordingly, this paper offers a broad overview of various real estate-based investment instruments and funds that are structured to generate financial returns while simultaneously advancing environmental value. The specific audience for this paper includes foundation executives seeking to move beyond traditional grantmaking, as well as high-net-worth individuals and other asset trustees working to understand options for pursuing full, blended value investments -- namely, those that create a defined level of economic value combined with environmental impact.This inquiry introduces frameworks for approaching blended value investments, and it raises a series of questions potential investors will probably ask. While the authors believe these investments will ultimately prove viable and efficient, this inquiry stops short of comparing these blended value investments to more traditional alternatives. In the absence of further data, the authors cannot assert that these investments are superior to traditional strategies. The inquiry's conclusion suggests future studies that might bring more data to the ongoing discussion

    OPAL Community Environment Report

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    The Open Air Laboratories network, or OPAL, as it quickly became known, was launched in 2007 following a successful application to the Big Lottery Fund It was the first time that Big Lottery funding on this scale had been awarded to academic institutions. The University of Central Lancashire led by Dr Mark Toogood was responsible for understanding public engagement with OPAL. The Open Air Laboratories (OPAL)network is a nationwide partnership comprising of ten universities and five organisations with grants awarded totalling £14.4 million. • Over half a million people have participated in the OPAL programme. OPAL activities are carried out by people of all ages, backgrounds and abilities, including 10,000 people in ‘hard to reach’ communities. • OPAL opens people’s eyes to the natural world. Nearly half (44%) of OPAL survey participants said that this was the first time that they had carried out a nature survey. 90% of participants have learnt something new. • OPAL has the ability to change people’s behaviour. Almost half (43%) of respondents said OPAL had changed the way they thought about the environment and more than a third (37%) said they will change their behaviour towards it. • In addition to raising environmental awareness, OPAL also improves personal well-being by motivating people to spend time outdoors doing something positive, while connecting with people and nature

    Developing a valid method to study adaptive behaviours with regard to IEQ in primary schools

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    Adaptive behaviour impacts the classroom's environment and the student's comfort. Therefore, a deep understanding of students' adaptive behaviour is required. This study aims to develop a valid and reliable method to realize how children in their late middle childhood (9–11) practise adaptive behaviours as a response to the classroom's Indoor Environmental Quality (IEQ). A self-reported questionnaire accompanied with an observation form is designed based on children's ‘here and now’ sensations, their cognitive and linguistic competence. Validity and reliability of the questionnaire were tested by running pilot and field studies in eight primary schools from July 2017 to May 2018. Through transverse sampling, 805 children were observed, and 1390 questionnaires were collected in 31 classrooms. Questions and responses of the designed questionnaire were validated by monitoring answer-process, non-participant observations, cross-checking questions and statistical tests. Validating process improved the wording of the questions and response categories and resulted in a questionnaire with a high and valid response rate. The reliability of the questionnaire was tested by measuring the variability and standard deviations of responses under similar conditions. To conclude, the study introduces a questionnaire and an observation form that should be used together to provide a valid and reliable method for studying adaptive behaviour of primary school children

    Increasing resilience of ATM networks using traffic monitoring and automated anomaly analysis

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    Systematic network monitoring can be the cornerstone for the dependable operation of safety-critical distributed systems. In this paper, we present our vision for informed anomaly detection through network monitoring and resilience measurements to increase the operators' visibility of ATM communication networks. We raise the question of how to determine the optimal level of automation in this safety-critical context, and we present a novel passive network monitoring system that can reveal network utilisation trends and traffic patterns in diverse timescales. Using network measurements, we derive resilience metrics and visualisations to enhance the operators' knowledge of the network and traffic behaviour, and allow for network planning and provisioning based on informed what-if analysis

    Context for goal-level product line derivation

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    Product line engineering aims at developing a family of products and facilitating the derivation of product variants from it. Context can be a main factor in determining what products to derive. Yet, there is gap in incorporating context with variability models. We advocate that, in the first place, variability originates from human intentions and choices even before software systems are constructed, and context influences variability at this intentional level before the functional one. Thus, we propose to analyze variability at an early phase of analysis adopting the intentional ontology of goal models, and studying how context can influence such variability. Below we present a classification of variation points on goal models, analyze their relation with context, and show the process of constructing and maintaining the models. Our approach is illustrated with an example of a smarthome for people with dementia problems. 1

    Exploring wind direction and SO2 concentration by circular-linear density estimation

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    The study of environmental problems usually requires the description of variables with different nature and the assessment of relations between them. In this work, an algorithm for flexible estimation of the joint density for a circular-linear variable is proposed. The method is applied for exploring the relation between wind direction and SO2 concentration in a monitoring station close to a power plant located in Galicia (NW-Spain), in order to compare the effectiveness of precautionary measures for pollutants reduction in two different years.Comment: 17 pages, 7 figures, 2 table

    Affordances, constraints and information flows as ‘leverage points’ in design for sustainable behaviour

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    Copyright @ 2012 Social Science Electronic PublishingTwo of Donella Meadows' 'leverage points' for intervening in systems (1999) seem particularly pertinent to design for sustainable behaviour, in the sense that designers may have the scope to implement them in (re-)designing everyday products and services. The 'rules of the system' -- interpreted here to refer to affordances and constraints -- and the structure of information flows both offer a range of opportunities for design interventions to in fluence behaviour change, and in this paper, some of the implications and possibilities are discussed with reference to parallel concepts from within design, HCI and relevant areas of psychology

    Human experience in the natural and built environment : implications for research policy and practice

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    22nd IAPS conference. Edited book of abstracts. 427 pp. University of Strathclyde, Sheffield and West of Scotland Publication. ISBN: 978-0-94-764988-3
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