Challenging the financial capture of urban greening

Abstract

Urban greening is critical for human health and climate adaptation and mitigation goals, but its financing tends to prioritize economic growth imperatives. This often results in elite value and rent capture and unjust greening outcomes. We argue that cities can, however, take action to ensure more socially just impacts of green financing. Financing of urban greening has traditionally prioritized economic growth. Here the authors argue for action to ensure more socially just green financing.

Topics & Concepts