Abstract:
There are several barriers that can hinder the capacity of developers to mitigate, the incentives for action and the perspectives towards the need to mitigate. Though, it is possible that governments may be able to use approaches, tools and policies to encourage mitigation and help companies overcome barriers (Argwala, 2011).
In recent years, environmental changes have become more important as government and development actors have prioritized sustainability (Adams & Tiesdell, 2013). This change can be a driver for development. Drivers for development can ‘guide’ the decision environment, ensure sustainable development pressure and opportunities. Planning is primarily a form of governmental intervention that tries o effect the decision environment of key development actors.
Where the Dutch approach is characterized by a high level of public involvement and regulation, is the core value of the US being market-oriented, with a lack of direct financial support, sustainable requirements and integral approaches to a certain area, from the government.
This thesis will shed light on what encourages climate mitigation measures in Residential Real Estate in Madison area, and how to understand this in context of climate mitigation policies in the United States, with a Dutch perspective.
