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CSI - Creating a Setting for Investment
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Description

The objective of this 6.2 M euro project is to look at how environmental improvements can make metropolitan areas more attractive for investment, with knock on benefits for sustainable development across NW Europe. The four project partners, all regions at different stages of recovery from industrial decline, aim to address issues such as urban sprawl and the unequal competition between metropolitan areas and second rank towns and cities in attracting economic development. By encourag [...]
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Website
www.environment-investment.com


 CSI - Creating a Setting for Investment

Lead Partner:
Sheffield City Council
4 Park Square, Newton Chambers Road, Thorncliffe Park
UK
Tel +44 (0) 114 257 119
Fax +44 (0) 114 246 3346

Contact:
Richard Walker
Project Manager
richard.walker@syforest.co.uk

Measure: 1.1

Start date: 2003/01/06
End date: 2008/06/30

ERDF Grant: € 4 190 249
Total eligible cost: € 9.9M€


Partners involved:

BE - Services Promotion Initiatives en province de Liège (SPI+)

BE - Université de Liège (Ulg)

DE - Research Institute for Regional and Urban Development, Building and Construction of the Federal State of North-Rhine Westphailia (ILS NRW)

DE - MGG Montan-Grundstücksgesellschaft mbH (MGG)


Project type: Action


Summary
The objective of this 6.2 M euro project is to look at how environmental improvements can make metropolitan areas more attractive for investment, with knock on benefits for sustainable development across NW Europe. The four project partners, all regions at different stages of recovery from industrial decline, aim to address issues such as urban sprawl and the unequal competition between metropolitan areas and second rank towns and cities in attracting economic development. By encouraging the use of brownfield land and reversing the trend towards urban sprawl, the project seeks to make towns and cities more attractive investment locations. The project, which is led by the UK’s South Yorkshire Forest Partnership, seeks to build a partnership that brings a multi-disciplinary, trans-national approach to projects impossible in any single partner country. Such an approach is necessary because it is difficult for councils and agencies to respond in isolation to the many different levels that investment operates. The project will develop a knowledge base on how areas, especially those suffering from deindustrialisation can make themselves more attractive to investors. And CSI will develop guidelines on how each region can build on its distinctive characteristics to adopt a niche in the Market that complements its European neighbours.

Objectives
Four principal project objectives form a framework for directing the collection and analysis of information in ways that produce valuable tangible outputs that will impact on the issues described above:

  • Develop a trans-national partnership which will enable a multi-disciplinary and multi-sector approach to be taken to build into the project the understanding of all players involved in the investment decision making and planning for investment across the different trans-national scenarios.
  • Address the lack of evidence and information on which to develop a thorough understanding of the link between investor choice and environmental quality and the variables involved through undertaking action research.
  • Develop practical guidelines and ‘demonstration sites’ that will demonstrate how to translate the evidence and information through the project into ‘on the ground actions’.
  • Raise awareness and understanding of the role the environment plays in attracting sustainable development among decision makers and strategists in order to influence them to affect change

Activities

Expected Outcomes

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cities&regions transport&it water&flood risks nature&heritage seas&ports