Hyde-Smith, L., Roelich, K., Mdee, A. et al. (2 more authors) (2024) Blinded by the ‘green-halo’? Equity in financing climate adaptation of urban sanitation. Environment and Planning E: Nature and Space. ISSN 2514-8486
Abstract
Adapting urban sanitation systems to changing climate conditions will require substantial investments. However, there is a gap in understanding the funding strategies for such adaptation measures, especially amid concerns that resilience measures might reinforce existing urban sanitation inequalities. Through cross-case document analysis and complementary key informant interviews, we examined the sanitation adaptation investments in eight cities, focusing on their funding arrangements and social and intergenerational equity implications. Debt financing of sanitation adaptation often relies on repayment through customer bills with only opaque considerations of the affordability for different socio-economic customer groups. The lack of appropriate accounting for the lifecycle costs of resilient infrastructure threatens to mortgage future generations. There is no convincing evidence that ‘greening’ of adaptation financing either shifts or redistributes the financial risk more equitably nor does it make the repayment of the investments substantially cheaper for customers. We conclude that a public sector funding approach is most appropriate to ensure social and intergenerational equity within climate-resilient sanitation systems.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © The Author(s) 2024. This article is distributed under the terms of the Creative Commons Attribution 4.0 License (https://creativecommons.org/licenses/by/4.0/) which permits any use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the SAGE and Open Access page (https://us.sagepub.com/en-us/nam/open-access-at-sage). |
Keywords: | Sanitation, finance, green finance, climate finance, subsidies, adaptation, resilience, climate justice |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Engineering & Physical Sciences (Leeds) > School of Civil Engineering (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 07 Nov 2024 12:02 |
Last Modified: | 07 Nov 2024 12:02 |
Published Version: | https://journals.sagepub.com/doi/10.1177/251484862... |
Status: | Published |
Publisher: | SAGE Publications |
Identification Number: | 10.1177/25148486241287446 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:219306 |