Financing Sustainability and Stakeholder Engagement: Evidence from US Cities

Authors

    Authors

    X. H. Wang; C. Hawkins;E. Berman

    Comments

    Authors: contact us about adding a copy of your work at STARS@ucf.edu

    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

    WOS:000343921200003

    ISSN

    1078-0874

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