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Financing the 15-minute city concept and its infrastructural ecosystem in developing nations through fiscal mechanisms

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posted on 2023-04-28, 06:29 authored by Zaheer AllamZaheer Allam, D Chabaud, C Gall, F Pratlong, C Moreno
The ‘15 Minute City’ concept emerged during the pandemic, at a time where global economies were expected to suffer from long term repercussions. This renders a challenging landscape for the implementation of the urban concept from both an administrative and financial standpoint; even though its merits relating to sustainability, resilience and inclusivity are well documented. The fact that cities in developed economies, such as Paris, Melbourne, and others, have announced the implementation of the concept during the pandemic, showcases that developed nations have the financial capacity to engage in infrastructural revamping; a case which differs from their developing counterparts. This chapter thus surveys avenues of how developing nations can approach the financing of the infrastructural ecosystem linked to the 15-minute city, particularly through fiscal mechanisms encouraging private sector investment in the public realm.

History

Chapter number

8

Pagination

121-133

ISBN-13

9780323986243

Language

eng

Extent

33

Editor/Contributor(s)

Allam Z, Chabaud D, Gall C, Pratlong F, Moreno C

Publisher

Elsevier

Place of publication

Amsterdam, The Netherlands

Title of book

Resilient and Sustainable Cities: Research, Policy and Practice

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