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LDnet | Integrated Territorial Investments. A powerful tool for innovation and change in European cities?

Integrated Territorial Investments. A powerful tool for innovation and change in European cities?

By: webmaster On: 2012-07-24 11:45 (9427 Reads)

Integrated Territorial Investments.

A powerful tool for innovation and change in European cities?

By Paul Soto and Melody Houk with Peter Ramsden and Ivan Tosics

Click on ITI Article (cache) to open full article

Abstract

The European Commission argues that cities have the potential to make a larger

contribution to policies for growth, social cohesion and environmental sustainability. In their

recent proposals they have suggested that, between 2014 and 2020, at least 5% of the

Regional Development Fund should “be allocated to integrated actions for sustainable

urban development delegated to cities for management through Integrated Territorial

Investments”. If this proposal is accepted, it would mean that a substantial sum could be

directly managed by cities for integrated packages of actions in the form of “subprogrammes”

– alongside any other investments in cities managed by regional or national

authorities.

But what exactly are “integrated territorial investments” (ITI’s) meant to be? Will they simply

be a transfer of money from one level of government to another organized within a

programme structure? Or can they really help European cities make a transition to more

sustainable patterns of development using an integrated approach? In this article we will

draw on the lessons of previous urban initiatives and from the URBACT programme in

order to make some recommendations that can help ITI’s become powerful tools for

innovation and change in our cities.

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