The built environment has value. Most commonly, that value is established through market prices for rent or purchase. Some elements of value, while recognised as important, are under-appreciated as it is difficult for them to be directly monetised or quantified in other terms.

Australia has had seven extreme heatwaves since the beginning of the 20th century. During heatwaves, public spaces in cities are frequently warmer than is confortable for humans. The regional warming projection of 2-5°C in Australia (by 2070) will be added to an existing 4-8°C extra...