COP29 in Baku: Navigating Sustainable Urban Development through a Managerial Lens
Alberto Zancanella
MBA @BBS | Export manager DACH, China and ASEAN area for DDCHEM
The upcoming COP29 in Baku represents a pivotal moment for environmental policy and global collaboration, especially in a world increasingly conscious of the social, economic, and environmental pillars of sustainability. This year, however, the conversation shifts: as architects, urban planners, and community leaders, we need to confront a pressing question—can we make sustainability economically viable? The challenges faced at previous COP meetings underscore the need for a practical, financially sound approach that bridges policy aspirations with actionable outcomes, particularly in urban development.
COP29: Expectations and a Balanced View of Sustainability
Commentators are already cautioning against high expectations for COP29, citing the mixed results of COP28. Additionally, discussions hint at potential shifts in participation, with concerns about the U.S. commitment to the Paris Agreement following upcoming elections. These uncertainties highlight the fragility of global commitments, urging us to rethink sustainability not as an idealistic end but as a complex process—one that must be gradual, inclusive, and deeply intertwined with the economic fabric of society.
Despite the urgent need for climate action, a drastic, ideologically driven shift could bring about significant social upheaval. The European automotive industry's struggle with rapid transitions toward greener technologies serves as a cautionary tale, as traditional economic structures face disruption. This context underscores the need for "profitable sustainability"—a model that integrates sustainable practices without compromising economic stability or social cohesion.
Urban Sustainability: A New Managerial Approach to Development
In the realm of architecture and urban planning, adopting a managerial perspective can offer critical insights. Just as in business, successful urban sustainability depends on balancing social, environmental, and economic returns. This multifaceted approach requires rethinking projects not just for their immediate ecological impact but for their long-term viability and return on investment (ROI). When public entities and private investors can see sustainable projects as sound investments, commitment to these initiatives becomes more tenable.
One emerging model gaining traction is the "Baugruppe" concept, in which groups of residents collaboratively finance, design, and build urban housing projects. Baugruppe projects not only foster social integration and shared spaces but also serve as resilient, sustainable alternatives to traditional urban housing. Baku’s COP29 discussions can build on such models, promoting frameworks that encourage community-driven investments, reducing the financial burden on public sectors while empowering local stakeholders.
The Role of Innovative Materials in Sustainable Urbanism
Material choice remains a cornerstone of sustainable architecture. While composite materials like Fiber-Reinforced Polymers (FRP), hemp, and mycelium have shown promise, widespread adoption has been hindered by cost and scalability concerns. COP29 presents an opportunity for governments and private sectors to collaborate on research and development, focusing on innovative materials that align with ESG goals and offer cost-effective solutions. Such partnerships can foster sustainable practices that are both eco-friendly and economically viable, paving the way for materials that can withstand the pressures of large-scale construction without compromising the environment.
Beyond Environmental Goals: Integrating Economic Resilience and Social Cohesion
A sustainable city should be more than just green—it should foster economic resilience and social cohesion. Urban planners and architects must create designs that support community well-being and offer economic opportunities. Public-private partnerships (PPPs) are instrumental in achieving this balance. By incentivizing investments in urban green spaces, water management infrastructures, and eco-friendly housing projects, PPPs can create resilient infrastructures that serve both environmental needs and community goals.
In Baku, COP29 offers a stage to discuss how sustainable urbanism can align with these broader goals, presenting cities as "companies" that manage complex processes for a better quality of life. Sustainable urban development, therefore, calls for systems that provide tangible economic benefits, encourage social inclusion, and prioritize environmental stewardship.
COP29: A Call for Measurable, Inclusive, and Profitable Sustainability
In the lead-up to COP29, we are reminded that achieving true sustainability will take time and a willingness to make difficult but necessary adjustments. By integrating sustainability into the economic model—transforming it into a process with measurable outcomes—we can foster a future where sustainable urbanism is not just a goal but a viable path to economic and social prosperity.
Join the Conversation: How Will You Shape the Future of Sustainable Urbanism?
As we approach COP29 in Baku, we face critical questions about the future of sustainable urban development. How do we build cities that support both our environment and economy? What role should architects, urban planners, and community leaders play in creating economically viable sustainability?
Share your thoughts: How can urban projects be designed to provide measurable social and economic returns while prioritizing sustainable materials and designs? What are some local or global examples you’ve seen that reflect a balance of environmental stewardship, economic resilience, and social cohesion?
Let’s discuss below—your insights could inspire the next wave of sustainable, profitable urbanism. If you haven’t yet, follow me for more updates and join our growing community dedicated to shaping a sustainable future!