Urban Rail and Sustainable Development Key Lessons from Hong Kong, New York, London and India for Emerging Cities
MetadataShow full item record
This paper discusses the significance of urban rail in sustainable development in the developing and developed world by examining the cases of Hong Kong, New York, London and Indian cities. The paper analyses the project structuring and financing of the urban rail system in these cities and its contribution to shaping sustainable urban growth and sustainable urban development in general. Observations from the case studies underscore the paper's main emphasis which is that both private and public funded urban rail require innovative financing mechanisms (specifically land based) to sustain or revive themselves financially and that urban rail lends itself to such innovation more than urban road projects as well as multiple other co-benefits. The paper reviews metro projects in several Indian cities and explores the applicability of innovative financing mechanisms and the challenges in adopting them in the Indian context to enable a sustainable urban development model for emerging cities.
Showing items related by title, author, creator and subject.
Participatory sustainability approach to value capture-based urban rail financing in India through deliberated stakeholder engagementJillella, Satya Sai Kumar; Matan, Annie; Newman, Peter (2014)Increasingly cities around the world are seeking innovative financial mechanisms to build urban rail transit projects. Land value capture (VC) is a financing mechanism to fund urban rail transit. Often VC mechanisms are ...
The Entrepreneur Rail Model: Funding urban rail through majority private investment in urban regenerationNewman, Peter; Davies-Slate, S.; Jones, E. (2016)The 21st century has seen an unprecedented expansion of urban rail as a response to urban congestion, low carbon mobility and as a seed for urban regeneration. Many cities would like to do much more rail in their futures ...
Peak Car Use and the Rise of Global Rail: Why this is happening and what it means for large and small citiesNewman, Peter; Kenworthy, Jeffrey; Glazebrook, G. (2013)The 21st century promises some dramatic changes—some expected, others surprising. One of the more surprising changes is the dramatic peaking in car use and an associated increase in the world’s urban rail systems. This ...