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Urban Green Space - Beneficial but Costly. New Approaches to Financing

Publication at Faculty of Humanities |
2017

Abstract

Public green space provision is one of the public services provided by municipalities. Municipalities face a lack of finances to provide public services in a sufficient amount.

The question of searching for new ways of public green space provision is up to date. The paper discusses different approaches to urban green space provision.

We used the desk research method and an in-depth analysis of Prague 8 District for identifying and analysing different approaches. Besides broadly discussed approaches, we found other opportunities for public green space financing and thereby we extended the variety of the identified possible approaches to alternative urban green space financing applied at the municipal level.

The new ways of financing have a potential to bring cost cuts to municipal budgets as well as benefits to local inhabitants.