Building Allowances News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Lideta redevelopment project in Addis Ababa aimed to use revenue generated from land value capture to pay for things like affordable housing and green space. Photo by Elleni Ashebir/WRI Some of the fastest growing cities in developing countries like India, Brazil and Ethiopia are strapped for cash. These cities often struggle to provide basic infrastructure and services for a growing population, leading to widespread inequalities. Up to 70% of residents in developing cities lack access to one or more core service, such as housing, water and sanitation, energy or transportation. One fin...

Land value capture can help cities finance infrastructure and services like public transportation. Photo by Chris/Flickr Some of the fastest growing cities in developing countries like India, Brazil and Ethiopia are strapped for cash. These cities often struggle to provide basic infrastructure and services for a growing population, leading to widespread inequalities. Up to 70% of residents in developing cities lack access to one or more core service, such as housing, water and sanitation, energy or transportation. One financial tool that can help cities generate public revenue to address ineq...