Regenerating urban land. A practitioner's guide to leveraging private investment
Publication year
Resource type
UNCCD Library
Material Type
ebook
ISBN
978-1-4648-0474-8
Regenerating urban land draws on the experience of eight case studies from around the world. ( Argentina-Puerto Madero; Santiago (Chile); Shanghai, Ahmedabad; Seoul; Washington D.C; Singapore; Johannesburg.) The case studies outline various policy and financial instruments to attract private sector investment in urban regeneration of underutilized and unutilized areas and the requisite infrastructure improvements. In particular, each case study details the project cycle, from the scoping phase and determination of the initial amount of public sector investment, to implementation and subsequent leveraged private-sector funds. This manual analyzes rates of return on the investments and long-term financial sustainability. Regenerating urban land guides local governments to systematically identify the sequence of steps and tasks needed to develop a regeneration policy framework, with the participation of the private sector. The manual also formulates specific policies and instruments for expanding private sector participation; structuring effective administrative and legal frameworks; utilizing land readjustment and assembly methods; determining duration of contracts, adequate phasing, and timeline; and balancing the distribution of risk and sustainability measures.
Keywords
urban land use
case studies
public sector investment
private sector
financial incentives
risk identification and assessment
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