The Memorandum of Understanding governs the collaboration between the signatories with the aim of defining, through dedicated technical forums, potentially open to experts in the subjects of interest, including Universities, guided by the Impact Measurement Skill Centre, a system for determining the social impact of using (by lease or sale) a public property or transforming areas or buildings, which translates the impact into economic metrics that can influence the monetary value assigned to the asset or the quantification of costs and offsets of urban transformations and the subsequent monetisation.
The tool that will make this type of assessment possible will be the Social Impact Measurement Skill Centre, which will be created at the Cottino Campus under an agreement between the Chamber of Commerce and the Foundation itself.
For the Compagnia di San Paolo Foundation urban and local regeneration is a key way to promote social inclusion and local development.
As stated the 2021-2024 multi-year programme, the Compagnia di San Paolo Foundation wants to experiment with initiatives that have increasingly greater social, economic and environmental effects on the local area.
In this respect, with the Protocol signed today, expertise is made available to the public and a more strategic relationship is established between the Foundation and local public administration bodies to carry out rigorous impact assessments, and encourage the use of vacant properties and high social value investments.
Read the press release in full here.[/vc_column_text][/vc_column][/vc_row][vc_row el_class=”sdg-list-wrap”][vc_column][vc_raw_html]JTVCbW9zdHJhU0RHUyU1RA==[/vc_raw_html][/vc_column][/vc_row][vc_row disable_element=”yes”][vc_column][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row]