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Learning from Cities - The 2nd Guangzhou International Award for Urban Innovation

Page 170

154 city under post-disaster construction.

Learning from Cities— The 2nd Guangzhou International Award for Urban Innovation

released by the government, due to a high

(3) Business recovery

degree of uncertainty, reconstruction costs

Effective means and measures have

with decoration included could reach

been taken to promote the timely recovery and construction of urban business functions. High levels of corporate

USD 40 billion. Estimated Cost Source of Postearthquake Recovery in Christchurch

sponsorship and in-kind support have

(2) The advancement of urban

been received, with reconstruction focus

construction projects hindered under risk

placed on boosting business clusters

perception.

and community hot-spots. In addition, a

In an uncertain environment, the

number of artists and entrepreneurs have

perception of risk and inconvenience

been chosen to move to Christchurch

to landowners has been an obstacle to

for the opportunity to participate in the

unlocking vacant land in private as well as

creative spirit.

local and central government ownership. Some of the related city recovery and

2. Challenge of the Initiative

(1) High cost of post-disaster urban recovery and reconstruction

reconstruction work has been delayed for a long time for no proper place can be found to carry out those programs.

Insurance losses caused by Christchurch Earthquake are considered to be the third-largest in New Zealand's history (Swiss Re., 2012). The losses caused by the earthquake account for 19%

Practice and Innovation 1. Revolutionary Innovation

of New Zealand’s GDP. The table shows

The Transitional City Program

that the total capital cost of Christchurch’s

should be considered revolutionary.

reconstruction in 2012 is estimated to

Christchurch is undertaking this program

reach approximately USD 20-30 billion.

on an unprecedented scale and is taking

And in the mix of indicative funds in

a revolutionary holistic and longer-term

all fields, the Earthquake Commission

view of its potential for recovery, urban

formed by the local government after

regeneration and city identity.

the earthquake accounts for 40%, while private insurance accounts for 30%. As

2. Characteristics

more accurate information becomes

The Transitional City Program

available, according to the data newly

demonstrates innovation in the following


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