SUNDAY, FEB 5, 2023: NOTE TO FILE
Module 5-13
Ecological Economics applied to the built environment
Ecological Economics - the 4-Capitals
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Ecological Economics balances the 4-Capitals, comprising the Natural-, Built-, Human- and Social Capitals, in an integrated manner to achieve sustainable solutions for the built environment as illustrated in Figure beside. More specifically, the Natural Capital should lead the design integration process by harnessing the unique natural forms and patterns of the landscape. The Built Capital is then integrated within the Natural Capital by prioritizing design elements according to Yeoman’s Scale of Permanence, and also, by allowing building function to determine building form. The Human Capital comprises individual knowledge, skill and expertise to deploy human resources to harness the Natural Capital and shape the Built Capital. The Human Capital collectively forms the Social Capital, also known as the glue, that forms the Community, which establishes governance systems to thrive sustainably
All the aforementioned case studies have elements of the 4-Capitals, although the Human- and Social Capitals may be somewhat lacking or not yet developed. Meanwhile, the Shack Re-Blocking example in Case Study No.5 shows how all 4-Capitals have been integrated, even though the Natural Capital is very limited due to the specific circumstances. This shack reblocking process has been formulated into policy by the City of Cape Town as part of its “smart cities drive”.
Case Study No.5: Highlights from a Shack Reblocking process, Cape Town, South Africa
Module 5, lesson 14
