Climate Tech Exec, Investor & Ecosystem Builder | Systems Thinking | SmartCities | Resiliency | ESG
I love this post and totally appreciate the question that Destenie Nock, PhD poses here. I often ask whether we can create a new real asset valuation model that includes nature based services, climate risks and resiliency, future equity enhancements, reparation of historic inequities, and supporting healthy interdependencies. Would love your thoughts Daniel Aronson, Tony G. Reames, PhD., Leon Jacobs, Daniel Smith, MBA, Andrew Buck, AICP, Ryan Prime, and Donny Goris-Kolb.
Professor - Carnegie Mellon University, CEO and Founder - Peoples Energy Analytics
Looking for examples on how to include equity in modeling? I really love this PNAS paper titled "Equity and modeling in sustainability science: Examples and opportunities throughout the process" Topics covered include water, energy systems, air quality, & conservation. https://lnkd.in/eKRrpkqG #energyJustice #WaterResearch #academicResearch
Daniel Aronson
7mo
Joel, thanks for flagging. This is an important topic, especially with respect to the political economy elements that are so important – e.g., building broad-based support for action. It's a challenge, but it's great to see the authors taking it on. I've done modeling for a couple projects looking at quality of life metrics for major metropolitan areas, and one of the things that they did very well was too involve hundreds of different stakeholders from different groups, perspectives, and types of expertise. That really helped convince stakeholders to support the results, because they had been consulted, and they felt heard. That said, it wasn't easy to model these different perspectives. One of the things that helped was using system dynamics type models because they enable multiple causal pathways to be represented. That way everybody could see that what they had said was in fact in the model.
Edmund Carlevale
7mo
Incredible thanks for flagging this one Joel. The abstract is better than this graphic at explaining the importance of this work and the great ideas presented here for developing it. « We present a conceptual framework for equity in systems modeling, focused on its distributional, procedural, and recognitional dimensions. We discuss examples of how modelers engage with these different dimensions throughout the modeling process and from across a range of modeling approaches and topics, including water resources, energy systems, air quality, and conservation. Synthesizing across these examples, we identify significant advances in enhancing procedural and recognitional equity by reframing models as tools to explore pluralism in worldviews and knowledge systems; enabling models to better represent distributional inequity through new computational techniques and data sources; investigating the dynamics that can drive inequities by linking different modeling approaches; and developing more nuanced metrics for assessing equity outcomes. (continued)
Responsible for Strategic Planning
7moThe 3P's of sustainability are all about #People, #Planet, and #Profit. By understanding the interplay between these pillars, businesses can create new opportunities for growth, a positive societal impact, and contribute to a more sustainable future. Should We Terraform Mars❓🤔 💡 There are no sterile territories, only projects without a 3P purpose (profit, person and planet) Those who dig deeper come to possess the treasure. Nature is abundant.