2022
DOI: 10.1038/s41467-022-34942-x
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Challenging the financial capture of urban greening

Abstract: Urban greening is critical for human health and climate adaptation and mitigation goals, but its financing tends to prioritize economic growth imperatives. This often results in elite value and rent capture and unjust greening outcomes. We argue that cities can, however, take action to ensure more socially just impacts of green financing.

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Cited by 16 publications
(6 citation statements)
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“…For instance, transit-oriented developments might increase land values, attracting wealthier and White residents and displacing former inhabitants to other areas. Urban districts undergoing green gentrification have experienced this self-selection and replacement 52 , underscoring the need for equity and social justice in planning new transit-oriented developments.…”
Section: Discussionmentioning
confidence: 99%
“…For instance, transit-oriented developments might increase land values, attracting wealthier and White residents and displacing former inhabitants to other areas. Urban districts undergoing green gentrification have experienced this self-selection and replacement 52 , underscoring the need for equity and social justice in planning new transit-oriented developments.…”
Section: Discussionmentioning
confidence: 99%
“…In other words, further discussion is needed to ascertain whether forms of labour that sustain infrastructures are themselves value-making, or whether they create the conditions for the production of value, particularly when occuring in spaces of liminality, informality, and illegality. This concern with value is present in recent work that interrogates the relations between repair and finance, where empirical attention has been brought to how finance reconfigures repair (Hilbrandt and Grafe, 2023), or how finance can sustain repair in climate changed geographies (Bigger and Millington, 2020; García-Lamarca et al, 2022; Webber et al, 2022). These contributions point out how infrastructural labour is enrolled in value-making processes, but also question whether forms of value-making are amenable with other ways of producing socio-environmental relations through infrastructure.…”
Section: Working Towards An Infrastructural Labour Research Agendamentioning
confidence: 99%
“…Despite the diverse benefits of UGI, their framings and justifications in policy‐making processes often follow a universally applied yet simplified definition of nature's contributions that in reality support a process of commodification of urban greening (Anguelovski & Corbera, 2022; García‐Lamarca, Anguelovski, & Venner, 2022; Neidig et al, 2022). UGI are increasingly presented as part of a universal social imaginary portraying urban nature as a hegemonic “one‐size‐fits‐all” approach with purely positive impacts across diverse geographical, cultural and economic urban contexts (Angelo, 2019b; Tozer et al, 2020; Wachsmuth & Angelo, 2018).…”
Section: Introductionmentioning
confidence: 99%
“…A more holistic view on urban nature must also consider its “disvalues” (Lliso et al, 2022) or “trade‐offs” (Haase et al, 2017). For example, UGI may translate into displacement because of rising property prices, real estate speculation and tourism‐centred developments (García‐Lamarca, Anguelovski, Cole, et al, 2022; García‐Lamarca, Anguelovski, & Venner, 2022). This in turn typically results in both an economic loss, that is, instrumental disvalue, for those being priced‐out of their neighbourhoods and a diminishing sense of community and loss of place‐specific culture and local traditions, that is, relational disvalues (Lliso et al, 2022).…”
Section: Introductionmentioning
confidence: 99%