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Courts’ views on climate change inundation risks for developments: Australian perspectives and considerations for valuers
Journal of European Real Estate Research Pub Date : 2020-06-18 , DOI: 10.1108/jerer-03-2020-0019
Lucy Cradduck , Georgia Warren-Myers , Bianca Stringer

Purpose

This study aims to provide a development of the courts’ views of climate change risk in planning matters as related to inundation and suggest that valuers and others involved need to be aware of the implications these views have on property matters and valuation processes and reporting.

Design/methodology/approach

This study engages in a legal doctrinal analysis of primary law sources, being Australian case law. It analyses decisions from Queensland, New South Wales and Victorian courts and tribunals, to establish their views of climate change risk for coastal area developments, who bears the risk and responsibility and if risk is shared.

Findings

The analysis reflects that developers bear the onus of proving their proposal meets relevant planning requirements including management and mitigation of climate change risks. However, the risk of developing in “at risk” areas is a shared burden, as local government authorities remain responsible for appropriately assessing applications against those requirements.

Research limitations/implications

This study had several limitations, these included: only matters with a final determination were able to be reviewed and analysed; there is no one Australia-wide planning regime; state laws and policies are different and changing; and disputes are heard in different courts or tribunals, which can impact the weight and importance given to issues and the consistency of approaches.

Practical implications

This research informs valuers of climate change risk issues related to the inundation of new, and re-, developments, and the importance of court decisions as an additional information consideration to inform their valuations.

Originality/value

This paper is significant as it provides an understanding of the Australian courts’ current views on climate change risk, and by extension, the implications and considerations for valuations.



中文翻译:

法院关于气候变化淹没发展的风险的观点:澳大利亚的观点和对估值师的考虑

目的

这项研究旨在发展法院对与淹没相关的规划问题中的气候变化风险的看法,并建议估值师和其他涉案者需要意识到这些观点对财产事务,估值过程和报告的影响。

设计/方法/方法

这项研究对作为澳大利亚判例法的主要法律渊源进行了法律学说分析。它分析了昆士兰州,新南威尔士州和维多利亚州法院和法庭的决定,以确立他们对沿海地区发展的气候变化风险的观点,这些人承担风险和责任,并分担风险。

发现

分析表明,开发人员有责任证明其提案符合相关规划要求,包括管理和缓解气候变化风险。但是,在“高风险”地区发展的风险是共同的负担,因为地方政府当局仍然有责任根据这些要求适当评估申请。

研究局限/意义

这项研究有几个局限性,其中包括:只有最终决定的事项才能进行审查和分析;在澳大利亚没有任何一种规划制度;国家法律和政策是不同的,并且在不断变化;争端会在不同的法院或法庭审理,这可能会影响问题的重要性和重要性以及方法的一致性。

实际影响

这项研究为评估者提供了与新的和重新开发的淹没有关的气候变化风险问题,以及法院判决作为评估其估值的附加信息考虑的重要性。

创意/价值

本文具有重要意义,因为它可以理解澳大利亚法院对气候变化风险的当前观点,并由此扩展其对估值的影响和考虑。

更新日期:2020-06-18
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