is a type of public financing that recovers some or all of the value that public infrastructure generates for private landowners.
In many countries, the public sector is responsible for the infrastructure required to support urban development.
This infrastructure may include road infrastructure, parks, social, health and educational facilities, social housing, climate adaptation and mitigation tools, and more.[1] Such infrastructure typically requires great financial investment and maintenance, and often the financing of such projects leans heavily on the government bodies themselves.