While financial viability is central to the principles of long-term urban sustainability, should it become the defining factor of policy making, beyond its social equity remit? Keeping both elements into balance is essential towards improving the long-term viability of those sustainable efforts. To better understand those key terms, they must first be defined and understood. For the purposes of this essay, the point of view of public sector investments only is taken ignoring the financial viability aspects of the private sector involvement within the built environment, even if they increasingly take on traditional responsibilities of the public sphere, since profit is almost always the overriding and ultimate goal.
In this essay, I will endeavour to explore how frontier markets cities such as Ulaanbaatar, Mongolia are particularly vulnerable to climate change and how, through various measures of adaptation and mitigation at varying scale, the issue can be partially tackled. A number of potential strategies will be presented at a National, Municipal and Community level.
In this essay, I will endeavour to examine the role that resilience plays within the sustainability agenda. Are the two mutually exclusive or are both needed to achieve a sustainable equilibrium in our cities?
The essay will first define sustainability and resilience in their various dimensions as well as look at the impact that natural hazards have on our world. I will use the case study of Ulaanbaatar, Mongolia to highlight the case of a city that has turned its back on resilience to embrace sustainability and how this may impact its population. I will explore some solutions that Ulaanbaatar may adopt to improve its own resilience. Finally I will reflect on the changing needs of our urban environment and the role that resilience should take within its future development.