In a nutshell
The living lab in Turnhout is investigating taxes and retributions based on the value capture principle to finance urban green space and help realise the building shift.
Researcher
Caroline Van Esbroeck
Challenge
How to generate revenue for NBS, for plan compensation and for land acquisition to help realise green zones in a highly urbanised centre?
NBS
Strengthen and protect green structures as planned in Turnhout's Climate Plan.
Instrument
Value capture
Focuses mainly on capturing unearned benefits resulting from actions other than those of the landowner. The resulting revenues can be earmarked for specific purposes.