{"product_id":"value-capture-for-funding-mass-transit-infrastructure-von-camilo-mendoza","title":"Value Capture for Funding Mass Transit Infrastructure","description":"\u003cp\u003eMass transit projects are developing everywhere, and specifically Bus Rapid Transit (BRT) systems are taking place in many countries. Funding such projects is a big issue for public entities. Value capture is an option. It is the process by which a portion or all increments in land value attributed to ¿community efforts¿ are recouped by the public sector.     A research of several value capture mechanisms for funding transit projects is carried out throughout this report. More than 20 tools are described. These instruments can be divided in three groups: i) value capture from the developers, ii) value capture from the community and iii) value capture from ¿within¿.    Using the case of Colombian first BRT project (held in Bogota) I suggest value capture instruments and mechanisms to be implemented in the city as a way to help funding the infrastructure of the system. Lessons can be learned to find new sources of funding mass transit projects around the globe.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783846518823\"\u003e\u003ch3\u003eThe case of BRT in Bogota, Colombia\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783846518823","offer_id":39471349727325,"sku":"9783846518823","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/ccc10d90-22d4-4532-9303-a62e77be51c0.jpg?v=1769494227","url":"https:\/\/shop.autorenwelt.de\/products\/value-capture-for-funding-mass-transit-infrastructure-von-camilo-mendoza","provider":"Autorenwelt Shop","version":"1.0","type":"link"}