Monash Business School to participate in global slum revitalisation project
Monash Business School’s Associate Professor David Johnston will lead part of a large multidisciplinary research project that will potentially improve the lives of more than a billion people living in slums worldwide.
Monash University has been awarded an AUD $14 million grant to lead the project that will focus on informal settlements (or slums) in Fiji and Indonesia, delivering public health and environmental data on the outcomes of an alternative water management approach.
The outcomes could potentially form the basis for new water infrastructure policies and investment strategies for urban informal settlements across the globe.
The project will be led by Professor Rebekah Brown, Director of the Monash Sustainable Development Institute and will include researchers from across the University and partner universities.
It will be integrated into two infrastructure projects (funded by the Asian Development Bank) that will upgrade 24 informal settlements in Fiji and Indonesia – chosen because they represent typical challenges to providing water management in the Asia-Pacific region.
Associate Professor David Johnston from Monash Business School’s Centre for Health Economics will lead Objective 4 of the project, which will investigate the wider impacts of the intervention on individual and community wellbeing.
“This includes economic outcomes, for example in employment, income and consumption, as well as subjective wellbeing outcomes, such as psychological health and quality of life, among others,” Associate Professor Johnston said.
In addition, the project will analyse the benefits and costs of water-sensitive versus conventional approaches. The aim there is to estimate the financial return and economic value and to explore sustainable financing models.
The project is scheduled to go for five years, with the first six months focused on developing local partnerships with the communities involved to design the urban dwellings and local environment.
For more information, please refer to the Monash University media release