Title
Financing Sustainability and Stakeholder Engagement: Evidence from US Cities
Abbreviated Journal Title
Urban Aff. Rev.
Keywords
urban sustainability; sustainability financing; financial capacity for; sustainability; stakeholder engagement; PUBLIC-PARTICIPATION; POLICY; IMPLEMENTATION; OPPORTUNITIES; PERSPECTIVES; MANAGEMENT; GOVERNANCE; CAPACITY; POLITICS; ADOPTION; Urban Studies
Abstract
Financial support is critical to sustain and improve the implementation of sustainability policies and initiatives. How capable are local governments to finance sustainability? Why are some governments more financially able than others to fund sustainability? How does stakeholder engagement improve financial capacity for sustainability? This study provides an explanation for sustainability funding that emphasizes political behaviors of institutional players in budgetary decision making. Using a database from U.S. cities, we find that an effective approach to enhance financial capacity for sustainability is to engage stakeholders to mobilize political support and technical expertise needed in resource allocation decisions for sustainability. Specific strategic actions to enhance financial capacity are recommended as part of a long-term and structured effort to sustain sustainability funding in local government.
Journal Title
Urban Affairs Review
Volume
50
Issue/Number
6
Publication Date
1-1-2014
Document Type
Article
Language
English
First Page
806
Last Page
834
WOS Identifier
ISSN
1078-0874
Recommended Citation
"Financing Sustainability and Stakeholder Engagement: Evidence from US Cities" (2014). Faculty Bibliography 2010s. 6251.
https://stars.library.ucf.edu/facultybib2010/6251
Comments
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