Title
Financing Sustainability And Stakeholder Engagement: Evidence From U.S. Cities
Keywords
Financial capacity for sustainability; Stakeholder engagement; Sustainability financing; Urban sustainability
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.
Publication Date
11-13-2014
Publication Title
Urban Affairs Review
Volume
50
Issue
6
Number of Pages
806-834
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.1177/1078087414522388
Copyright Status
Unknown
Socpus ID
84909580936 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/84909580936
STARS Citation
Wang, Xiao Hu; Hawkins, Christopher; and Berman, Evan, "Financing Sustainability And Stakeholder Engagement: Evidence From U.S. Cities" (2014). Scopus Export 2010-2014. 8260.
https://stars.library.ucf.edu/scopus2010/8260