WIT Press


The Role Of Innovative Transportation Financing Tools In Achieving Urban Sustainability: A Stakeholder’s Perspective

Price

Free (open access)

Paper DOI

10.2495/SC160491

Volume

204

Pages

12

Page Range

585 - 596

Published

2016

Size

517 kb

Author(s)

A. Roukouni, S. Basbas, B. Stephanis, G. Mintsis

Abstract

Developing affordable, economic viable and people-oriented transport systems in order to promote sustainable urban mobility, requires the use of a comprehensive and integrated approach to policy-making and decision-making. The effectiveness of each applied policy depends significantly on the level of agreement among stakeholders, making collaboration a prerequisite for success. The research objective of this paper is to identify and investigate the views, goals and aspirations of different stakeholders regarding the potential introduction of innovative financial mechanisms and tools for urban public transport, based on the value increment caused by enhanced accessibility, with a focus on Greece. Personal interviews are conducted with 70 stakeholders, using a special designed questionnaire. The analysis and synthesis of the obtained results demonstrates that, in order to achieve the challenging task of planning sustainable cities, a broad and in depth dialogue with all involved stakeholders is needed before the introduction of new financial mechanisms for transportation infrastructure.

Keywords

stakeholders, value capture finance, sustainable urban transport