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Updated in [March 06th, 2023]

This course, The Role of Impact Assessments in Real Estate Development, is the first of two that comprise the Socially Responsible Real Estate Development Professional Certificate Program. It provides an introduction to the concept of socially-responsible real estate development and explores methods of evaluating the impacts that new projects are likely to have on local communities using the techniques of Environmental Impact Assessment (EIA) and Social Impact Assessment (SIA). Participants will gain an understanding of the importance of impact assessments in the real estate development process, and will learn how to identify and assess potential environmental and social impacts of proposed projects. The course will also cover the legal and regulatory frameworks that govern impact assessments, and will provide an overview of the tools and techniques used to evaluate and mitigate potential impacts. Upon completion of the course, participants will have the knowledge and skills necessary to effectively assess the impacts of real estate development projects.

[Applications]
The application of this course is to provide students with the knowledge and skills to assess the potential impacts of real estate development projects on local communities. Students will be able to use the techniques of Environmental Impact Assessment (EIA) and Social Impact Assessment (SIA) to evaluate the potential impacts of new projects. Additionally, students will gain an understanding of the importance of incorporating social responsibility into real estate development projects. With this knowledge, students will be able to make informed decisions when evaluating the potential impacts of real estate development projects.

[Career Paths]
1. Real Estate Developer: Real estate developers are responsible for the planning, design, and construction of residential and commercial properties. They must be knowledgeable in the local zoning laws, regulations, and building codes, and must be able to assess the potential environmental and social impacts of their projects. As the demand for sustainable development increases, real estate developers must be able to incorporate impact assessments into their projects to ensure that they are meeting the needs of the local community.

2. Environmental Impact Assessor: Environmental Impact Assessors are responsible for conducting environmental impact assessments (EIA) to evaluate the potential impacts of a proposed development project on the environment. They must be knowledgeable in the local environmental regulations and must be able to identify potential environmental risks associated with the project. As the demand for sustainable development increases, Environmental Impact Assessors must be able to incorporate social impact assessments into their assessments to ensure that the project is meeting the needs of the local community.

3. Social Impact Assessor: Social Impact Assessors are responsible for conducting social impact assessments (SIA) to evaluate the potential impacts of a proposed development project on the local community. They must be knowledgeable in the local social and cultural norms and must be able to identify potential social risks associated with the project. As the demand for sustainable development increases, Social Impact Assessors must be able to incorporate environmental impact assessments into their assessments to ensure that the project is meeting the needs of the local community.

4. Sustainability Consultant: Sustainability Consultants are responsible for providing advice and guidance to organizations on how to incorporate sustainability into their operations. They must be knowledgeable in the principles of sustainable development and must be able to identify potential environmental and social risks associated with a proposed project. As the demand for sustainable development increases, Sustainability Consultants must be able to incorporate impact assessments into their assessments to ensure that the project is meeting the needs of the local community.

[Education Paths]
1. Environmental Science Degree: Environmental Science degrees focus on the study of the environment and the natural world. Students learn about the physical, chemical, and biological processes that shape the environment, as well as the impact of human activities on the environment. This degree is becoming increasingly important as the world faces the challenges of climate change and environmental degradation.

2. Urban Planning Degree: Urban Planning degrees focus on the development of cities and towns. Students learn about the principles of urban design, land use planning, and transportation planning. They also learn about the economic, social, and environmental impacts of urban development. This degree is becoming increasingly important as cities and towns face the challenges of population growth, gentrification, and climate change.

3. Sustainable Development Degree: Sustainable Development degrees focus on the development of sustainable solutions to global challenges. Students learn about the principles of sustainable development, including environmental protection, economic development, and social justice. This degree is becoming increasingly important as the world faces the challenges of climate change, resource scarcity, and inequality.

4. Real Estate Development Degree: Real Estate Development degrees focus on the development of real estate projects. Students learn about the principles of real estate development, including market analysis, project financing, and construction management. They also learn about the legal, economic, and environmental impacts of real estate development. This degree is becoming increasingly important as the real estate industry faces the challenges of sustainability and social responsibility.