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Leveraging land value capture to achieve climate goals in cities
Nov 14, 2022 | 3:30 PM - 4:30 PM
Nov 14, 2022 | 3:30 PM - 4:30 PM
Description
Land-value capture (LVC) is an innovative, funding instrument that can help fill the funding gaps for local and regional government investment needed to reach climate goals, notably in cities, in an efficient and equity-enhancing way. LVC is about policies to recover gains in the value of land government actions generate and put these resources to use for communities.
The government actions which raise land values include actions to provide infrastructure and develop land in in the context of urban development in particular in the context of climate action. This event provides an overview of LVC instruments, their use across the globe, enabling conditions and barriers, and how LVC can help advance the climate agenda. Capturing land value gains can therefore help pay for infrastructure investment. And in particular the investment and urban development we need to make cities climate neutral.
