IDEAS home Printed from https://ideas.repec.org/p/afr/wpaper/2019-041.html
   My bibliography  Save this paper

Land-Based Financing Of Urban Development And Infrastructure Provision In Ghana Cities: Policy And Praxis

Author

Listed:
  • Samuel B. Biitir

Abstract

Rapid urbanization and economic development in recent times have influenced the development of cities. The combined effect of these factors have led to unplanned and uncoordinated spatial expansion leading to increased demand for urban infrastructure and services especially in Sub- Saharan Africa. Yet the necessary financial resources and competencies for local infrastructure production simply do not exist to meet this challenge. This situation has received attention from many international bodies such as United Nations, UN-Habitat and the World Bank. The United Nation’sSustainable Development Goals, SDGs 11 has emphasized the importance of building inclusive, safe, and resilient sustainable and communities. The implementation strategy for the SDG 11 - the New Urban Agenda document, recognizes the importance of mobilizing additional revenues from innovative sources such leverage land values to finance urban infrastructure. In its resolution #37, it seeks to promote best practice of capturing land value increases from urban development process and infrastructure investment to finance urban infrastructure. The study examines how innovative land-based financing tools –development charges, betterment levies and property rates have been conceptualized in Ghanaian cities. It assesses the legislative and institutional frameworks of land-based financing as well as the implementation challenges of current instruments. It uses case studies of three municipalities in the Greater Accra Metropolitan Area (GAMA to investigate the application of land-based financing instruments and the challenges of its successful application. Interviews will be conducted with engineers, physical planning and budget officers of the three municipalities as well as the Ministry of Local Government and Rural Development.

Suggested Citation

  • Samuel B. Biitir, 2019. "Land-Based Financing Of Urban Development And Infrastructure Provision In Ghana Cities: Policy And Praxis," AfRES 2019-041, African Real Estate Society (AfRES).
  • Handle: RePEc:afr:wpaper:2019-041
    as

    Download full text from publisher

    File URL: https://afres.architexturez.net/doc/oai-afres-id-2019-041
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:afr:wpaper:2019-041. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/afresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.