Unlocking Land Values to Finance Urban Infrastructure : Land-Based Financing Options for Cities

Raising capital to finance urban
infrastructure is a challenge. One solution is to
'unlock' urban land values - such as by selling
public lands to capture the gains in value created by
investment in infrastructure projects. Land-based financing
techniques are playing an increasingly important role in
financing urban infrastructure in developing countries. They
complement other capital financing approaches, such as local
government borrowing, and can provide price signals that
make the urban land market more efficient.