The International Valuation Standards 2028 Exposure Draft makes an important advance by recognising informal, communal, collective and tribal land interests more explicitly than many earlier standards have done. But when viewed through the realities of customary land, it still raises a deeper concern: what happens when a global technical valuation framework tries to make sense of customary land without first understanding what customary land is?

In this episode of The Customary Land Podcast, Spike Boydell reflects on why that matters, why customary land cannot simply be treated as an awkward variation within an inherited valuation system, and why legitimacy, stewardship, authority and intergenerational responsibility must be held before valuation is allowed to arrive. I also explain why concepts such as market value, highest and best use, and valuation-date closure may be too narrow when dealing with customary, tribal and Indigenous land.

A video version is available here.
To request a copy of our full submission to the International Valuations Standards Council, or to receive more information about SUITU and the SUITU Governance Integrity Platform, please email:
contact@customarylandsolutions.com

©️ Customary Land Solutions Pty Ltd. All rights reserved.

Host: Spike Boydell

Website: TheCustomaryLandPodcast.com

Email: contact@thecustomarylandpodcast.com

Royalty free music used in this episode is from my Artlist.io subscription.

DISCLAIMER: The views, insights and opinions shared on the Customary Land Podcast are those of the Host, any Guests, and others they may cite.  They do not constitute legal or financial advice and should not be construed as such by any individual, group or organisation.  Before undertaking any dealing or action relating to customary land, individuals, groups or organisations should obtain professional advice from a qualified lawyer, experienced valuer and/or certified accountant with specialist expertise in your particular  country.  Alternatively, you can contact Customary Land Solutions for advocacy, advisory and capacity building solutions for customary and indigenous landowning groups and trusts on land management, leasehold, valuation and resource compensation issues (E: contact@customarylandsolutions.com).