Martim Smolka - Value capture as a land based tool to finance urban development

Based on the recent publication 'Implementing Value Capture in Latin America' the Director of the Latin American Program at Lincoln Institute of Land Policy Martim Smolka explains the mechanism of value capture and its sustainability prospects. Smolka focuses on a sample of emblematic cases in the Latin American region, with an analysis that considers the equity and efficiency content, and evaluates actual and potential revenues these instruments generate under different local institutional socio-political circumstances. Associated Material: Implementing Value in Latin America: Policy and Tools for Urban Development, Policy Focus Report, Lincoln Institute of Land Policy, June, 2013; http://www.lincolninst.edu/pubs/2244_... A series of policy focus reports on implementing value capture in Latin America, Lincoln Institute of Land Policy https://www.lincolninst.edu/pubs/defa...