Policy Brief
publication
The value of public transport: How to implement land value capture
Introduction
More than just a funding method
LVC is more than just a funding method; it is about creating a governance framework that integrates transport and land use, so that developments can be undertaken jointly for an optimised urban environment. To implement LVC, there is a need to rethink how we plan and deliver transport infrastructure and services in relation to the city. This includes reconsidering the way we value the benefits of public transport, at both the institutional and societal levels, and how we communicate these benefits to make LVC acceptable to the widest range of stakeholders, land users in particular.
This paper provides Public Transport Authorities (PTAs) with guiding principles on how to implement LVC.
LVC should be embedded in a participative process that infuses a climate of trust.
Related Resources
news UITP members are dedicated to providing accessible mobility
publication The road to sustainability: Transition to renewable energy in public transport
news How to build effective public transport in your city?
- publication
How to set up a public transport authority: Examples from South-East Asia
news How to improve public transport demand management: Lessons from COVID-19
- publication
Managing the demand for mobility: A transformational policy instrument
news Mobilising sustainable mobility: The benefits of public transport authorities
publication Transport authorities for metropolitan areas: The benefits and options in times of change
Access
exclusive resources
exclusive resources
Head to MyLibrary