The present chaotic transformation from the industrial to the global information society is accelerating the ecological,
social and economic unsustainability. The rapidly growing unsustainable, fossil energy powered urbanindustrial
technosphere and their detrimental impacts on nature and human well-being are threatening the solar
energy powered natural and seminatural biosphere landscapes and their vital ecosystem services. A sustainability
revolution is therefore urgently needed, requiring a shift from the „fossil age“ to the „solar age“ of a new world

Land consumption is currently one of the major problems affecting green spaces, natural or agricultural. This issue is very important both for agricultural system functionality and, consequently, for its permanence. This paper proposes an analyzing tool of land use changes to support planning policies, in order to highlight the major determinants of land use that affect the permanence of agricultural activity. The case studies are Lodi, Milan and Monza Brianza Provinces, in Lombardy Region.

The authors develop a concept paper on the economic valuation of land. They detail the basic principles corroborated with the direct factors that modify the mathematical parameters and also the impact of construction on the land. Starting from the principles of Darin Drabkin, the authors develop, within the concept of a market economy, an urban land sale procedure by optimizing the control of land instruments. This study asks about the expected consequences of increasing the tax rate on the land component of real estate while reducing the rate at which the improvement is taxed.

The consumption of natural, agricultural and forest soils that follows urban growth and infrastructural development is responsible for the fragmentation of the open spaces and the ecological connections, and for the functional disorganisation of the territory, bringing relevant environmental, economic and social impacts. The quality and quantity of this consumption relates to the ability to manage, at the different scales, a global phenomenon.

The primary aim of this work is to connect the Real Options Theory (ROT) with the real estate investment framework. A great deal of theoretical work exist today; it begun with Merton (1973) and Black & Sholes (1973) and provided new insights into capital budgeting decision-making and new models, used today by corporate managers and practitioners too. Unfortunately, the ROT is not widely used by appraisers respect to the traditional DCF model, even though the developers behaviour gives evidence to the model.

Inadequacies in the indication of cultural ecosystem services (CES) are a hindrance in assessing their
comprehensive impacts on human wellbeing. Similarly, uncertainties about the quantity and quality of
CES, in real time and space, have hampered the ability of resource managers to precisely take responsive
management actions. The aim of the study is to demonstrate, how CES indicators can be identified and
qualified in order to link CES to human wellbeing, and to integrate them into the ‘ecosystem services cascade’

This paper presents an overview of progress in the area of nature conservation in the last decade in Kosovo.
Two very important laws were promulgated in 2012 about two national parks: Bjeshket e Nemuna and
Sharri National park. With this expansion, the protected area network that in 2003 was about 4.36 % of
the territory was increased to 10.9%, reaching a satisfactory degree of protected areas and increasing the
number of protected areas in a total of 116. While in terms of conservation of protected areas a significant

Housing prices in the Lyon Urban Area are simulated with the land use framework UrbanSim interacting with transportation model. We focus on the Real Estate Price Model of the UrbanSim framework. This OLS regression model of housing prices is calibrated using a nine-year back-casting period. The calibrated model, applied in simulation, provides price dynamics similar to actual one in the centre of Lyon. Sensitivity analysis demonstrates the model’s ability to capture changes in employment accessibility on price dynamics.

The purpose of the article is to review current paradigms in ecosystem services valuation, existing gaps and current trends in addressing those gaps. Natural capital, often defined as the stock of natural ecosystems that yields a flow of valuable ecosystem goods or services into the future, is often undervalued or not valued at all by governments, business and society, which leads to environmental degradation and loss of biodiversity.

During the symposium “Ecosystem Services at the Landscape Scale” from the EU-IALE conference 2009, several
challenges for future research on approaches to use the concept of ecosystem services at the landscape scale were
identified, focussing on the need for integration. Three main research directions were discussed, (i) the definition
of the potentials and limitations of the ecosystem service approach for landscape analysis, (ii) the identification of

E nvironmental planning is an instrument for the operationalisation of the precautionary principle in environmental law and, to this end, must rely on maps depicting the spatial patterns of ecological attributes of aquatic and terrestrial ecosystems and of environmental change effects, respectively. In this context, different mapping techniques are presented by example of three case studies covering terrestrial, coastal and marine environments. The first case study was selected to demonstrate how to compute an ecological land classification of Germany by means of CART.

Housing prices in the Lyon Urban Area are simulated with the land use framework UrbanSim interacting with transportation model. We focus on the Real Estate Price Model of the UrbanSim framework. This OLS regression model of housing prices is calibrated using a nine-year back-casting period. The calibrated model, applied in simulation, provides price dynamics similar to actual one in the centre of Lyon. Sensitivity analysis demonstrates the model’s ability to capture changes in employment accessibility on price dynamics.