The 4th meeting took place in Santiago de Compostela, Galicia, Spain.
Economic viability was the main topic of the event. The workshop was divided in three parts.
Concepts of the benefits and costs of public goods
In the first part (26th January) F:ACTS! partners discussed the concept of benefits and costs of public goods. A brief presentation about what partners understood when talking about economic viability was presented, as well as a general introduction of methodologies to the benefits of public goods and services, focused on the context of climate change and the developing of territorial strategies.
Afterwards different case studies were presented:
- economic damages of wildfires in Galicia
- Value Project in Flanders (an European partnership to demonstrate economic value of green infrastructure in cities and regions)
- environmental benefits of green developments by the Dutch Government Service for Land and Water Management
After this, a working group session was established to identify the possible public benefits that can be identified in the pilot project areas defined in F:ACTS!.
Financing and integration of the economic forces of a territory
In the second part (27th of January), F:ACTS! partners discussed the possibilities of financing and how to integrate economic forces of a territory when developing a strategy or a project. First, a presentation of the financing mechanism in the different areas was presented by each partner and then different case studies were presented. All inspiring examples from around the world. After the presentations, a working group session was organized to identify which economic forces could be involved in the pilot project areas according to the public benefits identified the previous day.
For the last part (28th of January), a field trip to the pilot project area, Monte do Carrio in the municipality of Lalín, was organized. The F:ACTS! experts were welcomed first by Representatives of the Municipality and a general introduction of the area was made. After this, they walked to the highest point of the Monte to see the whole area of the pilot project, making different stops to show the characteristics of the area: limits of private common land, plantations, land consolidation areas, burned areas, areas of touristic interest, …