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Viewpoint: Preparing for the climate crisis: What role should land value capture play?

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  • Dunning, Richard J.
  • Lord, Alex

Abstract

This Viewpoint posits that cities need to rediscover financial models that direct land use to prepare for climate change. Research into Land Value Capture is needed to identify how land values are changing in light of climate change and how land-based finance can better support cities at risk.

Suggested Citation

  • Dunning, Richard J. & Lord, Alex, 2020. "Viewpoint: Preparing for the climate crisis: What role should land value capture play?," Land Use Policy, Elsevier, vol. 99(C).
    • Handle: RePEc:eee:lauspo:v:99:y:2020:i:c:s0264837720302908
    DOI: 10.1016/j.landusepol.2020.104867
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    References listed on IDEAS

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    1. Eugenia Kalnay & Ming Cai, 2003. "Impact of urbanization and land-use change on climate," Nature, Nature, vol. 423(6939), pages 528-531, May.
    2. Mathur, Shishir, 2019. "An evaluative framework for examining the use of land value capture to fund public transportation projects," Land Use Policy, Elsevier, vol. 86(C), pages 357-364.
    3. McAllister, Pat & Shepherd, Edward & Wyatt, Peter, 2018. "Policy shifts, developer contributions and land value capture in London 2005–2017," Land Use Policy, Elsevier, vol. 78(C), pages 316-326.
    4. Hu, Yingjie & Lu, Bin & Wu, Jiayu, 2019. "Value capture in industrial land renewal under the public leasehold system: A policy comparison in China," Land Use Policy, Elsevier, vol. 84(C), pages 59-69.
    5. Goodfellow, Tom, 2017. "Taxing Property in a Neo-Developmental State: The Politics of Urban Land Value Capture in Rwanda and Ethiopia," Working Papers 13661, Institute of Development Studies, International Centre for Tax and Development.
    6. Malhado, Ana C.M. & Costa, Marcos H. & Correia, Ricardo A. & Malhado, Acácia C.M. & de la Fuente, Maria Fernanda C. & da Costa, Amesson M. & Batinga, Juliana Verçosa & Bragagnolo, Chiara & Ladle, Rich, 2017. "Are capacity deficits in local government leaving the Amazon vulnerable to environmental change?," Land Use Policy, Elsevier, vol. 69(C), pages 326-330.
    7. Liz Root & Erwin van der Krabben & Tejo Spit, 2016. "‘Test Driving’ a Financing Instrument for Climate Adaptation: Analyzing Institutional Dilemmas using Simulation Gaming," Planning Practice & Research, Taylor & Francis Journals, vol. 31(3), pages 250-269, May.
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    Cited by:

    1. Eakin, Hallie & Keele, Svenja & Lueck, Vanessa, 2022. "Uncomfortable knowledge: Mechanisms of urban development in adaptation governance," World Development, Elsevier, vol. 159(C).
    2. Canelas, Patricia & Noring, Luise, 2022. "Governmentalities of land value capture in urban redevelopment," Land Use Policy, Elsevier, vol. 122(C).
    3. O’Driscoll, Conor & Crowley, Frank & Doran, Justin & McCarthy, Nóirín, 2023. "Land-use mixing in Irish cities: Implications for sustainable development," Land Use Policy, Elsevier, vol. 128(C).

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